Ansys Sees Significant Growth in Short Interest (ANSS)
Ansys (NASDAQ:ANSS) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 1,069,003 shares, an increase of 31.7% from the July 31st total of 811,534 shares, American Banking News.com reports. Based on an average trading volume of 488,522 shares, the short-interest ratio is presently 2.2 days. Approximately 1.2% of the shares of the company are short sold.
In other Ansys news, VP Robert Andrew Kocis bought 1,200 shares of Ansys stock on the open market in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $82.61 per share, for a total transaction of $99,132.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Ansys (NASDAQ:ANSS) opened at 81.90 on Wednesday. Ansys has a 52 week low of $71.50 and a 52 week high of $89.42. The stock has a 50-day moving average of $78.71 and a 200-day moving average of $77.04. The company has a market cap of $7.536 billion and a P/E ratio of 29.89.
Ansys (NASDAQ:ANSS) last released its earnings data on Tuesday, August 5th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.80 by $0.06. The company had revenue of $232.40 million for the quarter, compared to the consensus estimate of $238.72 million. During the same quarter in the prior year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. On average, analysts predict that Ansys will post $3.35 earnings per share for the current fiscal year.
ANSYS, Inc (NASDAQ:ANSS) develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense.
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