November 21, 2016 - By Nellie Frank · 0 Comments
The stock of Virtu Financial Class A (NASDAQ:VIRT) registered a decrease of 5.48% in short interest. VIRT’s total short interest was 2.45 million shares in November as published by FINRA. Its down 5.48% from 2.59 million shares, reported previously. With 352,900 shares average volume, it will take short sellers 7 days to cover their VIRT’s short positions. The short interest to Virtu Financial Class A’s float is 17.96%. The stock closed at $13.8 during the last session. It is down 35.33% since April 19, 2016 and is downtrending. It has underperformed by 39.19% the S&P500.
Virtu Financial, Inc. is a holding company. The company has a market cap of $1.92 billion. The Firm is a technology-enabled market maker and liquidity well-known provider to the financial markets across the world. It has a 15.54 P/E ratio. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions.
Out of 3 analysts covering Virtu Financial (NASDAQ:VIRT), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $26 is the highest target while $20 is the lowest. The $21.50 average target is 55.80% above today’s ($13.8) stock price. Virtu Financial has been the topic of 10 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by UBS on Thursday, August 4. The firm earned “Buy” rating on Tuesday, October 13 by UBS. The firm has “Sell” rating by Zacks given on Saturday, August 8. The stock has “Hold” rating given by Zacks on Friday, August 21. Goldman Sachs upgraded Virtu Financial Inc (NASDAQ:VIRT) on Monday, January 11 to “Buy” rating. The company was maintained on Tuesday, April 5 by Goldman Sachs. UBS maintained it with “Buy” rating and $22 target price in Friday, May 27 report. The stock has “Buy” rating given by UBS on Thursday, August 6.
Virtu Financial, Inc., incorporated on October 17, 2013, is a holding company. The Firm is a technology-enabled market maker and liquidity well-known provider to the financial markets across the world. The Firm is engaged in buying or selling a range of securities and other financial instruments, and earning small bid/ask spreads across various transactions. The Firm has developed a single, multi-asset, multi-currency technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on various exchanges, markets and liquidity pools in various countries around the world. The Firm makes markets by providing quotations to buyers and sellers in approximately 12,000 securities and other financial instruments on over 230 exchanges, markets and liquidity pools in approximately 30 countries around the world.
More recent Virtu Financial Inc (NASDAQ:VIRT) news were published by: Investorplace.com which released: “Virtu Financial Inc (VIRT) Shares Soar on Earnings Beat” on November 04, 2016. Also Moodys.com published the news titled: “Moody’s assigns first-time Ba3 rating to Virtu Financial with a positive outlook” on October 04, 2016. Globenewswire.com‘s news article titled: “Virtu Financial, Inc. Appoints Christopher C. Quick and Michael T. Viola to …” with publication date: April 11, 2016 was also an interesting one.
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By Nellie Frank