Recruiter.com Group, Inc. (NASDAQ:RCRT) Short Interest Down 56.2% in March

Recruiter.com Group, Inc. (NASDAQ:RCRT) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 43,400 shares, a decrease of 56.2% from the February 29th total of 99,100 shares. Approximately 3.5% of the shares of the stock are sold short. Based on an average trading volume of 36,200 shares, the short-interest ratio is presently 1.2 days.

Recruiter.com Group Stock Performance

Shares of NASDAQ:RCRT traded up $0.02 during midday trading on Thursday, reaching $1.64. The company had a trading volume of 11,191 shares, compared to its average volume of 38,242. The company has a fifty day simple moving average of $1.72 and a two-hundred day simple moving average of $1.54. The firm has a market cap of $2.39 million, a price-to-earnings ratio of -0.12 and a beta of 0.95. Recruiter.com Group has a 1-year low of $1.04 and a 1-year high of $7.50.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Recruiter.com Group by 15.1% during the first quarter. Vanguard Group Inc. now owns 98,608 shares of the company’s stock valued at $267,000 after buying an additional 12,950 shares in the last quarter. Walleye Capital LLC purchased a new position in Recruiter.com Group during the 3rd quarter valued at about $169,000. Renaissance Technologies LLC grew its stake in Recruiter.com Group by 37.3% during the 1st quarter. Renaissance Technologies LLC now owns 61,100 shares of the company’s stock valued at $166,000 after acquiring an additional 16,600 shares in the last quarter. Finally, Citadel Advisors LLC increased its holdings in shares of Recruiter.com Group by 132.8% in the 3rd quarter. Citadel Advisors LLC now owns 50,854 shares of the company’s stock valued at $62,000 after purchasing an additional 29,013 shares during the period. 13.14% of the stock is owned by hedge funds and other institutional investors.

Recruiter.com Group Company Profile

Recruiter.com Group, Inc operates an on-demand recruiting platform in the United States and internationally. It offers consulting and staffing services for the placement of professional recruiters; and consulting and staffing personnel services to employers. The company also provides referrals of qualified candidates to employers; and subscription to its web-based platforms that help employers recruit talent.