Voyager Technologies, Inc. (NYSE:VOYG) Short Interest Update

Voyager Technologies, Inc. (NYSE:VOYG) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 4,971,567 shares, a decrease of 14.3% from the December 31st total of 5,798,502 shares. Based on an average daily trading volume, of 1,920,171 shares, the days-to-cover ratio is presently 2.6 days. Approximately 9.2% of the shares of the stock are short sold. Approximately 9.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,920,171 shares, the days-to-cover ratio is presently 2.6 days.

Analyst Ratings Changes

A number of research firms recently weighed in on VOYG. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a research report 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. KeyCorp cut their price target on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Wedbush initiated coverage on Voyager Technologies in a report on Friday, January 23rd. They issued an “outperform” rating and a $46.00 target price for the company. Finally, Morgan Stanley set a $39.00 price target on Voyager Technologies in a report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Voyager Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.88.

Voyager Technologies Stock Up 0.4%

NYSE:VOYG traded up $0.12 on Tuesday, reaching $29.18. The company’s stock had a trading volume of 237,991 shares, compared to its average volume of 1,813,881. Voyager Technologies has a 12-month low of $17.41 and a 12-month high of $73.95. The stock has a 50 day moving average price of $28.26 and a 200 day moving average price of $30.08. The firm has a market cap of $1.57 billion and a price-to-earnings ratio of -9.34.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VOYG. PFG Investments LLC acquired a new stake in shares of Voyager Technologies during the second quarter valued at about $212,000. Liberty Street Advisors Inc. acquired a new stake in Voyager Technologies in the 2nd quarter valued at approximately $21,384,000. SBI Securities Co. Ltd. purchased a new stake in Voyager Technologies in the second quarter valued at approximately $274,000. Dorsey & Whitney Trust CO LLC purchased a new stake in Voyager Technologies in the second quarter valued at approximately $41,607,000. Finally, Senvest Management LLC purchased a new position in shares of Voyager Technologies during the second quarter worth $110,514,000.

Voyager Technologies Company Profile

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.