Jack Henry & Associates Sees Large Increase in Short Interest (JKHY)
Shares of Jack Henry & Associates (NASDAQ:JKHY) were the target of a large growth in short interest in the month of June. As of June 13th, there was short interest totalling 806,893 shares, a growth of 60.1% from the May 30th total of 503,863 shares, Analyst Ratings.Net reports. Based on an average trading volume of 249,149 shares, the short-interest ratio is currently 3.2 days. Currently, 1.0% of the company’s shares are sold short.
Jack Henry & Associates (NASDAQ:JKHY) opened at 59.98 on Wednesday. Jack Henry & Associates has a 1-year low of $47.14 and a 1-year high of $60.60. The stock’s 50-day moving average is $58.43 and its 200-day moving average is $57.33. The company has a market cap of $5.071 billion and a price-to-earnings ratio of 25.73.
Jack Henry & Associates (NASDAQ:JKHY) last announced its earnings results on Wednesday, April 30th. The company reported $0.55 earnings per share for the quarter, meeting the analysts’ 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. On average, analysts predict that Jack Henry & Associates will post $2.33 earnings per share for the current fiscal year.
Jack Henry & Associates, Inc (NASDAQ:JKHY) is a provider of core information processing solutions for community banks.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.