Jack Henry & Associates Sees Significant Decrease in Short Interest (JKHY)
Shares of Jack Henry & Associates (NASDAQ:JKHY) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 548,887 shares, a decline of 45.4% from the April 30th total of 1,005,695 shares, AmericanBankingNews.com reports. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 361,573 shares, the days-to-cover ratio is presently 1.5 days.
Shares of Jack Henry & Associates (NASDAQ:JKHY) opened at 57.91 on Thursday. Jack Henry & Associates has a 52-week low of $37.90 and a 52-week high of $60.34. The stock’s 50-day moving average is $56.63 and its 200-day moving average is $57.03. The company has a market cap of $4.896 billion and a price-to-earnings ratio of 25.01.
Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. The company had revenue of $300.90 million for the quarter, compared to the consensus estimate of $305.80 million. Analysts expect that Jack Henry & Associates will post $2.33 EPS for the current fiscal year.
Jack Henry & Associates, Inc (NASDAQ:JKHY) is a provider of core information processing solutions for community banks.
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