VirTra Systems Inc. (NASDAQ:VTSI) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 20,300 shares, a decline of 12.5% from the December 15th total of 23,200 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 29,100 shares, the short-interest ratio is currently 0.7 days.

A hedge fund recently raised its stake in VirTra Systems stock. Millennium Management LLC lifted its position in shares of VirTra Systems Inc. (NASDAQ:VTSI) by 41.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,311 shares of the company’s stock after purchasing an additional 3,610 shares during the period. Millennium Management LLC owned about 0.16% of VirTra Systems worth $34,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 1.39% of the company’s stock.

Shares of NASDAQ:VTSI traded down $0.17 during midday trading on Tuesday, hitting $4.30. 43,200 shares of the stock were exchanged, compared to its average volume of 60,611. The stock has a market capitalization of $37.18 million, a price-to-earnings ratio of 43.00 and a beta of 1.11. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.62 and a current ratio of 2.11. The business’s 50-day moving average price is $4.18 and its 200 day moving average price is $3.05. VirTra Systems has a 12 month low of $2.00 and a 12 month high of $5.30.

VirTra Systems (NASDAQ:VTSI) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.05. The company had revenue of $6.71 million for the quarter, compared to analysts’ expectations of $5.84 million. VirTra Systems had a negative return on equity of 10.64% and a negative net margin of 6.97%. As a group, sell-side analysts expect that VirTra Systems will post -0.07 EPS for the current year.

Several analysts have recently weighed in on VTSI shares. TheStreet upgraded VirTra Systems from a “d” rating to a “c-” rating in a report on Tuesday, November 26th. Zacks Investment Research upgraded VirTra Systems from a “hold” rating to a “strong-buy” rating and set a $4.00 price target on the stock in a report on Tuesday, November 19th. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $5.00.

About VirTra Systems

VirTra, Inc develops, sells, and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military, educational, and civilian use worldwide. Its products comprise V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces and budgets; V-100, a single-screen based simulator system; V-100 MIL, a single-screen small arms training simulator; V-ST, a realistic single screen simulated shooting range simulator; and Top Subject Mater Expert Content, a content supplied with its simulators.

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