Visionary Holdings Inc. (NASDAQ:GV) Short Interest Down 85.2% in May

Visionary Holdings Inc. (NASDAQ:GVGet Free Report) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 62,932 shares, a drop of 85.2% from the May 14th total of 425,282 shares. Based on an average daily volume of 690,514 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.2% of the shares of the stock are sold short.

Institutional Trading of Visionary

An institutional investor recently bought a new position in Visionary stock. DRW Securities LLC purchased a new position in shares of Visionary Holdings Inc. (NASDAQ:GVFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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 reporting period. 0.70% of the stock is currently owned by institutional investors and hedge funds.

Visionary Trading Down 1.9%

GV traded down $0.00 during trading on Thursday, reaching $0.24. The company’s stock had a trading volume of 241,863 shares, compared to its average volume of 689,247. The firm has a fifty day simple moving average of $0.26 and a two-hundred day simple moving average of $0.78. Visionary has a 1 year low of $0.14 and a 1 year high of $4.18.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Visionary in a research note on Wednesday, April 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Get Our Latest Stock Report on Visionary

Visionary Company Profile

(Get Free Report)

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.

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