Volt Information Sciences, Inc. (VISI) Sees Significant Increase in Short Interest
Volt Information Sciences, Inc. (NYSEAMERICAN:VISI) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 70,627 shares, a growth of 196.9% from the December 14th total of 23,785 shares. Based on an average daily volume of 62,917 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.6% of the shares of the company are sold short.
Several large investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in Volt Information Sciences by 7.7% in the third quarter. Renaissance Technologies LLC now owns 236,100 shares of the company’s stock valued at $909,000 after acquiring an additional 16,900 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Volt Information Sciences in the 3rd quarter worth $130,000. First Wilshire Securities Management Inc. increased its holdings in shares of Volt Information Sciences by 7.5% in the 2nd quarter. First Wilshire Securities Management Inc. now owns 749,372 shares of the company’s stock worth $2,548,000 after buying an additional 52,239 shares during the last quarter. Fondren Management LP grew its holdings in shares of Volt Information Sciences by 21.4% during the 2nd quarter. Fondren Management LP now owns 347,000 shares of the company’s stock valued at $1,180,000 after purchasing an additional 61,107 shares during the last quarter. Finally, ARS Investment Partners LLC grew its holdings in shares of Volt Information Sciences by 35.6% during the 3rd quarter. ARS Investment Partners LLC now owns 1,134,305 shares of the company’s stock valued at $4,367,000 after purchasing an additional 297,804 shares during the last quarter.
Shares of NYSEAMERICAN:VISI opened at $3.15 on Friday. Volt Information Sciences has a 1 year low of $2.07 and a 1 year high of $4.90.
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About Volt Information Sciences
Volt Information Sciences, Inc provides traditional time, materials-based, and project-based staffing services. The company operates through North American Staffing, International Staffing, and Technology Outsourcing Services and Solutions segments. It provides contingent staffing, direct placement, recruitment process outsourcing, staffing management, and other employment services; and managed service programs consisting of managing the procurement and on-boarding of contingent workers.
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