Helios and Matheson Analytics Inc (NASDAQ:HMNY) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 3,127,638 shares, a decrease of 1.7% from the November 15th total of 3,183,266 shares. Based on an average daily volume of 4,348,429 shares, the short-interest ratio is currently 0.7 days. Currently, 41.7% of the shares of the stock are short sold.
Helios and Matheson Analytics (HMNY) opened at $6.38 on Thursday. Helios and Matheson Analytics has a 1-year low of $2.20 and a 1-year high of $38.86.
Separately, Maxim Group increased their price target on shares of Helios and Matheson Analytics from $20.00 to $25.00 and gave the company a “buy” rating in a report on Monday, November 6th.
An institutional investor recently bought a new position in Helios and Matheson Analytics stock. Phoenix Investment Adviser LLC purchased a new stake in Helios and Matheson Analytics Inc (NASDAQ:HMNY) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 46,000 shares of the information technology services provider’s stock, valued at approximately $584,000. Helios and Matheson Analytics comprises about 0.5% of Phoenix Investment Adviser LLC’s portfolio, making the stock its 29th largest holding. Phoenix Investment Adviser LLC owned 0.48% of Helios and Matheson Analytics at the end of the most recent quarter. Hedge funds and other institutional investors own 1.56% of the company’s stock.
WARNING: This news story was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/12/21/short-interest-in-helios-and-matheson-analytics-inc-hmny-drops-by-1-7.html.
Helios and Matheson Analytics Company Profile
Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.
Receive News & Ratings for Helios and Matheson Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios and Matheson Analytics and related companies with MarketBeat.com's FREE daily email newsletter.