Volt Information Sciences, Inc. (NYSE:VISI) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 208,336 shares, a growth of 28.9% from the July 14th total of 161,674 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 30,887 shares, the days-to-cover ratio is presently 6.7 days.

Volt Information Sciences (NYSE:VISI) remained flat at $3.15 during trading on Friday. 7,296 shares of the company’s stock were exchanged. The company’s market cap is $65.92 million. Volt Information Sciences has a 12-month low of $2.91 and a 12-month high of $8.74. The firm has a 50-day moving average price of $3.60 and a 200-day moving average price of $5.68.

Volt Information Sciences (NYSE:VISI) last announced its quarterly earnings data on Friday, June 9th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by $0.18. Volt Information Sciences had a negative return on equity of 7.50% and a negative net margin of 0.28%. The firm had revenue of $303.01 million for the quarter, compared to analysts’ expectations of $310 million. Equities research analysts predict that Volt Information Sciences will post ($0.49) EPS for the current year.

Several hedge funds have recently made changes to their positions in VISI. Bank of New York Mellon Corp raised its stake in shares of Volt Information Sciences by 115.7% in the second quarter. Bank of New York Mellon Corp now owns 39,075 shares of the company’s stock valued at $154,000 after buying an additional 20,959 shares in the last quarter. ARS Investment Partners LLC raised its stake in shares of Volt Information Sciences by 2.2% in the second quarter. ARS Investment Partners LLC now owns 667,536 shares of the company’s stock valued at $2,637,000 after buying an additional 14,556 shares in the last quarter. Royce & Associates LP raised its stake in shares of Volt Information Sciences by 7.1% in the second quarter. Royce & Associates LP now owns 75,000 shares of the company’s stock valued at $296,000 after buying an additional 5,000 shares in the last quarter. Northern Trust Corp raised its stake in shares of Volt Information Sciences by 5.8% in the second quarter. Northern Trust Corp now owns 42,072 shares of the company’s stock valued at $166,000 after buying an additional 2,318 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. raised its position in Volt Information Sciences by 46.0% in the second quarter. Punch & Associates Investment Management Inc. now owns 491,636 shares of the company’s stock valued at $1,942,000 after buying an additional 154,836 shares during the period.

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Volt Information Sciences Company Profile

Volt Information Sciences, Inc is a provider of staffing services and information technology infrastructure services. The Company operates through North American Staffing; International Staffing; Technology Outsourcing Services and Solutions, and Corporate and Other segments. Its staffing services consist of workforce solutions, including providing contingent workers, personnel recruitment services and managed staffing services programs supporting light industrial, information technology and engineering positions.

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