Recruiter.com Group, Inc. (NASDAQ:RCRT) Sees Significant Decline in Short Interest

Recruiter.com Group, Inc. (NASDAQ:RCRT) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 43,400 shares, a drop of 56.2% from the February 29th total of 99,100 shares. Approximately 3.5% of the shares of the stock are short sold. Based on an average trading volume of 36,200 shares, the short-interest ratio is currently 1.2 days.

Recruiter.com Group Price Performance

Recruiter.com Group stock traded up $0.02 during trading hours on Thursday, reaching $1.64. The stock had a trading volume of 11,191 shares, compared to its average volume of 38,242. The stock has a market cap of $2.39 million, a PE ratio of -0.12 and a beta of 0.95. Recruiter.com Group has a 52 week low of $1.04 and a 52 week high of $7.50. The company has a fifty day simple moving average of $1.72 and a 200-day simple moving average of $1.54.

Hedge Funds Weigh In On Recruiter.com Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC increased its holdings in shares of Recruiter.com Group by 132.8% in the 3rd quarter. Citadel Advisors LLC now owns 50,854 shares of the company’s stock worth $62,000 after purchasing an additional 29,013 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Recruiter.com Group by 52.5% during the second quarter. Renaissance Technologies LLC now owns 93,200 shares of the company’s stock valued at $94,000 after acquiring an additional 32,100 shares during the period. Walleye Capital LLC purchased a new stake in shares of Recruiter.com Group during the third quarter worth about $169,000. Finally, Vanguard Group Inc. raised its stake in Recruiter.com Group by 15.1% during the 1st quarter. Vanguard Group Inc. now owns 98,608 shares of the company’s stock valued at $267,000 after purchasing an additional 12,950 shares during the period. Institutional investors own 13.14% of the company’s stock.

Recruiter.com Group Company Profile

Recruiter.com Group, Inc operates an on-demand recruiting platform in the United States and internationally. It offers consulting and staffing services for the placement of professional recruiters; and consulting and staffing personnel services to employers. The company also provides referrals of qualified candidates to employers; and subscription to its web-based platforms that help employers recruit talent.