VirTra, Inc. (NASDAQ:VTSI) Short Interest Up 23.4% in June

VirTra, Inc. (NASDAQ:VTSI) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 493,400 shares, a growth of 23.4% from the May 31st total of 400,000 shares. Currently, 4.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 330,600 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of VirTra by 10.4% in the first quarter. Vanguard Group Inc. now owns 476,706 shares of the company’s stock worth $4,901,000 after acquiring an additional 44,906 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of VirTra in the first quarter worth about $1,782,000. Quadrature Capital Ltd lifted its holdings in shares of VirTra by 49.1% in the fourth quarter. Quadrature Capital Ltd now owns 62,157 shares of the company’s stock worth $589,000 after acquiring an additional 20,464 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of VirTra by 8.0% in the third quarter. Acadian Asset Management LLC now owns 45,935 shares of the company’s stock worth $255,000 after acquiring an additional 3,421 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in VirTra by 100.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 41,060 shares of the company’s stock valued at $422,000 after buying an additional 20,554 shares during the last quarter. Institutional investors own 14.69% of the company’s stock.

Analyst Ratings Changes

VTSI has been the topic of a number of analyst reports. Lake Street Capital increased their price objective on shares of VirTra from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, May 15th. Roth Mkm reiterated a “buy” rating and set a $19.00 price objective on shares of VirTra in a research note on Wednesday, May 15th.

VirTra Stock Up 1.3 %

VTSI stock opened at $7.69 on Friday. The stock has a market capitalization of $85.44 million, a P/E ratio of 12.82, a price-to-earnings-growth ratio of 1.07 and a beta of 0.59. The company has a current ratio of 3.31, a quick ratio of 2.46 and a debt-to-equity ratio of 0.18. VirTra has a 12 month low of $4.20 and a 12 month high of $17.68. The firm has a 50-day moving average price of $10.99 and a 200-day moving average price of $10.86.

VirTra (NASDAQ:VTSI) last posted its earnings results on Tuesday, May 14th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). The company had revenue of $8.09 million during the quarter, compared to the consensus estimate of $10.03 million. VirTra had a return on equity of 16.25% and a net margin of 18.48%. During the same period last year, the company posted $0.27 EPS. As a group, equities research analysts anticipate that VirTra will post 0.71 EPS for the current fiscal year.

About VirTra

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.