Short Interest in Visionary Holdings Inc. (NASDAQ:GV) Rises By 1,608.1%
by Amy Steele · The Cerbat GemVisionary Holdings Inc. (NASDAQ:GV – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,191,755 shares, an increase of 1,608.1% from the March 15th total of 69,772 shares. Based on an average daily volume of 26,913,619 shares, the short-interest ratio is presently 0.0 days. Approximately 23.4% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Visionary stock. DRW Securities LLC acquired a new stake in shares of Visionary Holdings Inc. (NASDAQ:GV – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 145,896 shares of the company’s stock, valued at approximately $171,000. DRW Securities LLC owned about 2.60% of Visionary as of its most recent filing with the Securities & Exchange Commission. 0.70% of the stock is owned by hedge funds and other institutional investors.
Visionary Stock Down 8.8%
Shares of GV stock traded down $0.03 on Friday, hitting $0.28. The company’s stock had a trading volume of 1,794,224 shares, compared to its average volume of 48,066,120. Visionary has a fifty-two week low of $0.18 and a fifty-two week high of $4.18. The firm’s fifty day moving average price is $0.69 and its 200-day moving average price is $1.20.
Analysts Set New Price Targets
Separately, Weiss Ratings started coverage on shares of Visionary in a research note on Friday, January 30th. They issued a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.
Visionary Company Profile
Visionary Holdings Inc provides private online and in person educational programs and services to Canadian and international students that reside in Canada and internationally. The company's educational programs include Ontario secondary school diploma, career-oriented two-year college and four-year university diploma programs, vocational education programs, and master programs. It also provides educational services, such as immigration and study visa, student housing, career guidance, internship, and entrepreneurship guidance.