Short Interest in Visionary Holdings Inc. (NASDAQ:GV) Decreases By 90.9%
by Scott Moore · The Cerbat GemVisionary Holdings Inc. (NASDAQ:GV – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 108,019 shares, a decline of 90.9% from the March 31st total of 1,191,755 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 63,687,000 shares, the short-interest ratio is currently 0.0 days.
Institutional Investors Weigh In On Visionary
A hedge fund recently bought a new stake in Visionary stock. DRW Securities LLC acquired a new position in shares of Visionary Holdings Inc. (NASDAQ:GV – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 145,896 shares of the company’s stock, valued at approximately $171,000. DRW Securities LLC owned about 2.60% of Visionary at the end of the most recent quarter. Hedge funds and other institutional investors own 0.70% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on shares of Visionary in a research report on Friday, January 30th. They set a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
View Our Latest Stock Report on GV
Visionary Price Performance
Shares of Visionary stock traded up $0.00 during trading on Friday, hitting $0.20. 648,718 shares of the stock were exchanged, compared to its average volume of 45,862,196. The firm’s 50-day moving average price is $0.50 and its 200 day moving average price is $1.07. Visionary has a 12-month low of $0.18 and a 12-month high of $4.18.
About Visionary
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.