Harte Hanks, Inc. (NASDAQ:HHS) Short Interest Down 42.4% in July

Harte Hanks, Inc. (NASDAQ:HHSGet Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 16,076 shares, a drop of 42.4% from the July 15th total of 27,892 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 3,015 shares, the days-to-cover ratio is presently 5.3 days.

Institutional Trading of Harte Hanks

Several hedge funds and other institutional investors have recently bought and sold shares of the company. DRW Securities LLC bought a new position in shares of Harte Hanks during the fourth quarter worth about $38,000. BlackRock Inc. acquired a new stake in Harte Hanks in the 2nd quarter valued at approximately $41,000. Goldman Sachs Group Inc. acquired a new position in Harte Hanks during the 1st quarter worth $49,000. Susquehanna International Group LLP acquired a new position in Harte Hanks during the 3rd quarter worth $71,000. Finally, Raffles Associates LP bought a new position in shares of Harte Hanks in the second quarter worth $76,000. 33.75% of the stock is owned by institutional investors.

Harte Hanks Price Performance

Shares of HHS stock opened at $4.29 on Monday. The company’s fifty day moving average price is $2.41 and its two-hundred day moving average price is $2.62. The firm has a market capitalization of $31.83 million, a P/E ratio of -5.64 and a beta of -0.03. Harte Hanks has a 12 month low of $2.00 and a 12 month high of $4.50.

Harte Hanks (NASDAQ:HHSGet Free Report) last issued its quarterly earnings data on Friday, August 14th. The business services provider reported ($0.67) earnings per share for the quarter. The business had revenue of $37.98 million for the quarter. Harte Hanks had a negative net margin of 3.70% and a negative return on equity of 28.33%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Harte Hanks in a report on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Harte Hanks

Harte Hanks Company Profile

(Get Free Report)

Harte-Hanks, Inc engages in the provision of marketing solutions. It specializes in consulting, data analytics, creative services, digital and social media, marketing strategy, marketing technology, and other related services. It supports a range of customers in the field of technology, travel and leisure, entertainment, pharmaceuticals, automotive, finance, and retail. The company was founded in 1923 and is headquartered in San Antonio, TX.

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