Csquare, Inc. (NYSE:CSQR – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,705,175 shares, a growth of 139.3% from the September 15th total of 1,966,192 shares. Based on an average daily volume of 2,418,391 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.8% of the shares of the company are short sold.
Wall Street Analyst Weigh In
CSQR has been the subject of several research analyst reports. Zacks Research raised shares of Csquare to a “hold” rating in a report on Thursday, August 20th. Weiss Ratings started coverage on shares of Csquare in a research note on Monday. They set a “sell (d)” rating on the stock. Sanford C. Bernstein began coverage on shares of Csquare in a research note on Monday, August 10th. They set an “outperform” rating and a $27.00 target price on the stock. Jefferies Financial Group raised shares of Csquare to a “strong-buy” rating in a research note on Friday, August 14th. Finally, BMO Capital Markets began coverage on shares of Csquare in a report on Monday, August 10th. They issued an “outperform” rating and a $26.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.44.
Get Our Latest Analysis on Csquare
Csquare Stock Down 1.7%
Csquare Company Profile
Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.
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