Vitru Limited (NASDAQ:VTRU – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 86,000 shares, an increase of 604.9% from the December 15th total of 12,200 shares. Based on an average daily volume of 45,900 shares, the days-to-cover ratio is presently 1.9 days.
Wall Street Analysts Forecast Growth
Separately, TheStreet upgraded shares of Vitru from a “d+” rating to a “c” rating in a research note on Monday, September 18th.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of VTRU. Geode Capital Management LLC boosted its stake in shares of Vitru by 16.7% in the 4th quarter. Geode Capital Management LLC now owns 15,786 shares of the company’s stock valued at $355,000 after purchasing an additional 2,254 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Vitru in the 4th quarter valued at about $207,000. Morgan Stanley boosted its stake in shares of Vitru by 17.1% in the 4th quarter. Morgan Stanley now owns 10,190 shares of the company’s stock valued at $229,000 after purchasing an additional 1,485 shares during the last quarter. HRT Financial LP boosted its stake in Vitru by 12.0% during the 1st quarter. HRT Financial LP now owns 39,894 shares of the company’s stock worth $907,000 after acquiring an additional 4,261 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Vitru by 4,544.7% during the 1st quarter. Bank of America Corp DE now owns 66,744 shares of the company’s stock worth $1,519,000 after acquiring an additional 65,307 shares during the last quarter. Institutional investors own 50.88% of the company’s stock.
Vitru Price Performance
NASDAQ:VTRU traded up $0.43 during mid-day trading on Thursday, reaching $14.79. 46,246 shares of the company were exchanged, compared to its average volume of 43,446. Vitru has a 12 month low of $9.80 and a 12 month high of $23.99. The company has a fifty day moving average of $13.34 and a 200 day moving average of $14.95. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.79. The stock has a market cap of $498.23 million, a PE ratio of 18.10 and a beta of -0.07.
Vitru (NASDAQ:VTRU – Get Free Report) last issued its quarterly earnings data on Tuesday, November 14th. The company reported $0.23 EPS for the quarter. Vitru had a net margin of 8.12% and a return on equity of 13.10%. The firm had revenue of $99.99 million for the quarter. On average, research analysts anticipate that Vitru will post 1.64 EPS for the current fiscal year.
Vitru Company Profile
Vitru Limited, together with its subsidiaries, operates as a distance learning education company in Brazil. The company operates through Digital Education Undergraduate Courses, Continuing Education Courses, and On-Campus Undergraduate Courses segments. It offers distance, on-site undergraduate, continuing education, graduate, technical and professional courses through digital education model and its hybrid methodology.