VirTra, Inc. (NASDAQ:VTSI) Short Interest Up 37.4% in April

VirTra, Inc. (NASDAQ:VTSI) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 118,300 shares, a growth of 37.4% from the March 31st total of 86,100 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 234,600 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On VirTra

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd grew its holdings in VirTra by 49.1% in the 4th 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. O Shaughnessy Asset Management LLC bought a new stake in shares of VirTra in the third quarter worth about $103,000. Hillsdale Investment Management Inc. purchased a new position in VirTra during the 4th quarter valued at about $167,000. Jump Financial LLC bought a new position in VirTra during the 4th quarter valued at approximately $104,000. Finally, Ritholtz Wealth Management purchased a new stake in VirTra in the 4th quarter worth approximately $98,000. 14.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Roth Mkm boosted their price objective on shares of VirTra from $14.50 to $19.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd.

VirTra Stock Up 9.8 %

VTSI opened at $13.20 on Friday. VirTra has a 12 month low of $4.20 and a 12 month high of $16.97. The company has a current ratio of 3.11, a quick ratio of 2.32 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $10.98 and its 200-day moving average price is $9.37. The company has a market cap of $146.65 million, a P/E ratio of 17.37, a P/E/G ratio of 0.47 and a beta of 0.85.

VirTra (NASDAQ:VTSI) last posted its quarterly earnings results on Monday, April 1st. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $10.12 million for the quarter, compared to analyst estimates of $9.95 million. VirTra had a return on equity of 21.41% and a net margin of 22.09%. On average, equities analysts expect that VirTra will post 0.86 EPS for the current 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.