VirTra Systems Inc. (NASDAQ:VTSI) Sees Large Growth in Short Interest

VirTra Systems Inc. (NASDAQ:VTSI) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 22,400 shares, an increase of 10.3% from the January 15th total of 20,300 shares. Based on an average daily volume of 33,100 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

NASDAQ:VTSI opened at $3.87 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.11 and a quick ratio of 1.62. VirTra Systems has a one year low of $2.00 and a one year high of $5.30. The company has a market cap of $29.97 million, a PE ratio of -29.77 and a beta of 1.28. The firm has a 50-day moving average of $4.34 and a 200-day moving average of $3.30.

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

A hedge fund recently raised its stake in VirTra Systems stock. Essex Investment Management Co. LLC raised its holdings in VirTra Systems Inc. (NASDAQ:VTSI) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,586 shares of the company’s stock after buying an additional 2,735 shares during the quarter. Essex Investment Management Co. LLC owned about 1.00% of VirTra Systems worth $378,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.37% of the company’s stock.

Several analysts recently weighed in on VTSI shares. TheStreet raised shares of VirTra Systems from a “d” rating to a “c-” rating in a research note on Tuesday, November 26th. Zacks Investment Research downgraded VirTra Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target 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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