Short Interest in Voyager Technologies, Inc. (NYSE:VOYG) Increases By 19.7%

Voyager Technologies, Inc. (NYSE:VOYG) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 5,950,689 shares, a growth of 19.7% from the January 15th total of 4,971,567 shares. Currently, 11.1% of the company’s shares are short sold. Based on an average trading volume of 1,898,482 shares, the days-to-cover ratio is presently 3.1 days. Based on an average trading volume of 1,898,482 shares, the days-to-cover ratio is presently 3.1 days. Currently, 11.1% of the company’s shares are short sold.

Voyager Technologies Stock Performance

Shares of Voyager Technologies stock traded up $0.67 on Tuesday, hitting $26.71. 855,169 shares of the company’s stock were exchanged, compared to its average volume of 1,716,239. The stock has a market capitalization of $1.44 billion and a PE ratio of -8.45. Voyager Technologies has a 1 year low of $17.41 and a 1 year high of $73.95. The company has a 50-day simple moving average of $29.15 and a 200-day simple moving average of $29.02.

Wall Street Analysts Forecast Growth

VOYG has been the topic of a number of recent analyst reports. KeyCorp cut their price target on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, January 21st. JPMorgan Chase & Co. started coverage on Voyager Technologies in a research report on Monday, November 24th. They issued an “overweight” rating and a $43.00 price target for the company. Morgan Stanley set a $39.00 target price on Voyager Technologies in a report on Friday, January 16th. Finally, Wedbush started coverage on shares of Voyager Technologies in a research report on Friday, January 23rd. They set an “outperform” rating and a $46.00 price objective on the stock. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Voyager Technologies currently has an average rating of “Moderate Buy” and an average target price of $44.88.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Senvest Management LLC purchased a new stake in shares of Voyager Technologies during the second quarter worth about $110,514,000. Norges Bank bought a new position in Voyager Technologies in the 2nd quarter worth approximately $13,738,000. Cooper Creek Partners Management LLC purchased a new stake in Voyager Technologies during the 2nd quarter valued at approximately $12,184,000. Compass Wealth Management LLC bought a new stake in shares of Voyager Technologies during the third quarter valued at approximately $2,318,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in shares of Voyager Technologies in the second quarter worth $41,607,000.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.