Venator Materials PLC (NASDAQ:VNTR) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,242,285 shares, an increase of 40.9% from the October 13th total of 881,884 shares. Currently, 4.8% of the company’s shares are short sold. Based on an average daily trading volume, of 669,153 shares, the days-to-cover ratio is currently 1.9 days.

Venator Materials PLC (NASDAQ:VNTR) opened at $22.53 on Tuesday. Venator Materials PLC has a fifty-two week low of $17.85 and a fifty-two week high of $26.90.

Venator Materials PLC (NASDAQ:VNTR) last posted its quarterly earnings data on Friday, October 27th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.25. The firm had revenue of $582.00 million for the quarter, compared to the consensus estimate of $568.31 million. Venator Materials PLC had a net margin of 6.05% and a return on equity of 18.31%. Venator Materials PLC’s quarterly revenue was up 9.4% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently bought and sold shares of VNTR. First Trust Advisors LP purchased a new position in Venator Materials PLC during the 3rd quarter worth $1,863,000. Victory Capital Management Inc. purchased a new position in Venator Materials PLC during the 3rd quarter worth $33,036,000. State of Wisconsin Investment Board purchased a new position in Venator Materials PLC during the 3rd quarter worth $4,023,000. Jennison Associates LLC purchased a new position in Venator Materials PLC during the 3rd quarter worth $47,734,000. Finally, Sei Investments Co. purchased a new position in Venator Materials PLC during the 3rd quarter worth $2,854,000.

Several research firms recently issued reports on VNTR. Zacks Investment Research raised shares of Venator Materials PLC from a “hold” rating to a “strong-buy” rating and set a $26.00 price target for the company in a research report on Tuesday, October 10th. Barclays PLC began coverage on shares of Venator Materials PLC in a research report on Monday, August 28th. They issued an “equal weight” rating and a $22.00 price target for the company. Jefferies Group LLC began coverage on shares of Venator Materials PLC in a research report on Monday, August 7th. They issued a “buy” rating and a $25.00 price target for the company. Bank of America Corporation reissued a “buy” rating and issued a $23.00 price target on shares of Venator Materials PLC in a research report on Monday, August 28th. Finally, SunTrust Banks, Inc. began coverage on shares of Venator Materials PLC in a research report on Monday, August 28th. They issued a “buy” rating and a $25.00 price target for the company. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Venator Materials PLC has a consensus rating of “Buy” and a consensus price target of $27.00.

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Venator Materials PLC Company Profile

Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.

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