Short Interest in Visionary Holdings Inc. (NASDAQ:GV) Declines By 48.1%

Visionary Holdings Inc. (NASDAQ:GV) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 69,772 shares, a decline of 48.1% from the February 26th total of 134,540 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 197,364 shares, the days-to-cover ratio is currently 0.4 days.

Visionary Price Performance

NASDAQ GV opened at $0.24 on Thursday. The company’s fifty day simple moving average is $0.93 and its 200-day simple moving average is $1.33. Visionary has a 52 week low of $0.19 and a 52 week high of $4.18.

Hedge Funds Weigh In On Visionary

A hedge fund recently bought a new stake in Visionary stock. DRW Securities LLC acquired a new stake in Visionary Holdings Inc. (NASDAQ:GV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 145,896 shares of the company’s stock, valued at approximately $171,000. DRW Securities LLC owned about 2.60% of Visionary at the end of the most recent reporting period. 0.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Visionary in a research note on Friday, January 30th. They issued a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

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.