Helios and Matheson Analytics Inc (NASDAQ:HMNY) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 7,078,711 shares, a growth of 21.4% from the January 12th total of 5,829,346 shares. Approximately 139.8% of the shares of the company are short sold. Based on an average daily trading volume, of 6,183,284 shares, the short-interest ratio is presently 1.1 days.
Separately, Maxim Group reiterated a “buy” rating and issued a $25.00 price objective on shares of Helios and Matheson Analytics in a research note on Wednesday, January 3rd.
Helios and Matheson Analytics (HMNY) opened at $5.43 on Wednesday. Helios and Matheson Analytics has a 12 month low of $2.20 and a 12 month high of $38.86. The company has a market capitalization of $127.50, a P/E ratio of -0.58 and a beta of 1.14.
In other news, Director Muralikrishna Gadiyaram sold 170,000 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $13.00, for a total value of $2,210,000.00. Following the transaction, the director now owns 750,000 shares in the company, valued at approximately $9,750,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 29.00% of the stock is owned by insiders.
Institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new position in Helios and Matheson Analytics in the fourth quarter valued at approximately $155,000. Phoenix Investment Adviser LLC purchased a new position in Helios and Matheson Analytics in the third quarter valued at approximately $584,000. Geode Capital Management LLC purchased a new position in Helios and Matheson Analytics in the fourth quarter valued at approximately $431,000. Finally, Hudson Bay Capital Management LP purchased a new position in Helios and Matheson Analytics in the fourth quarter valued at approximately $674,000. Institutional investors and hedge funds own 0.86% of the company’s stock.
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Helios and Matheson Analytics Company Profile
Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.
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