Visionary Holdings Inc. (NASDAQ:GV) Sees Significant Drop in Short Interest

Visionary Holdings Inc. (NASDAQ:GV) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 107,924 shares, a decrease of 27.8% from the January 15th total of 149,548 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 96,291 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 96,291 shares, the days-to-cover ratio is currently 1.1 days. Approximately 2.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Visionary

An institutional investor recently bought a new position in Visionary stock. DRW Securities LLC bought a new stake in shares of Visionary Holdings Inc. (NASDAQ:GV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 145,896 shares of the company’s stock, valued at approximately $171,000. DRW Securities LLC owned about 2.60% of Visionary as of its most recent SEC filing. 0.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on GV shares. Wall Street Zen downgraded Visionary to a “strong sell” rating in a research report on Saturday, October 25th. Weiss Ratings started coverage on Visionary in a research note on Friday, January 30th. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Visionary Price Performance

Shares of Visionary stock traded up $0.01 during mid-day trading on Friday, reaching $1.15. 38,820 shares of the stock traded hands, compared to its average volume of 64,072. The business has a 50-day moving average of $1.28 and a 200 day moving average of $1.52. Visionary has a fifty-two week low of $1.02 and a fifty-two week high of $9.60.

About Visionary

Visionary Holdings Inc provides private online and in person educational programs and services to Canadian and international students that reside in Canada and internationally. The company's educational programs include Ontario secondary school diploma, career-oriented two-year college and four-year university diploma programs, vocational education programs, and master programs. It also provides educational services, such as immigration and study visa, student housing, career guidance, internship, and entrepreneurship guidance.