Visionary Holdings Inc. (NASDAQ:GV) Sees Large Growth in Short Interest

Visionary Holdings Inc. (NASDAQ:GV) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 298,500 shares, a growth of 609.0% from the October 31st total of 42,100 shares. Approximately 17.1% of the shares of the company are sold short. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is currently 0.2 days.

Visionary Price Performance

Shares of GV stock opened at $1.50 on Thursday. Visionary has a 12-month low of $1.00 and a 12-month high of $8.85. The firm has a 50 day moving average price of $1.72 and a two-hundred day moving average price of $2.58. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.03 and a current ratio of 0.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Visionary in a report on Wednesday, August 14th. They issued a “sell” rating on the stock.

Institutional Trading of Visionary

An institutional investor recently bought a new position in Visionary stock. Virtu Financial LLC bought a new stake in Visionary Holdings Inc. (NASDAQ:GV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,109 shares of the company’s stock, valued at approximately $29,000. Virtu Financial LLC owned 0.33% of Visionary as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.70% of the company’s stock.

About Visionary

Visionary Holdings Inc provides private online and in person educational programs and services to Canadian and international students that reside in Canada and internationally. The company's educational programs include Ontario secondary school diploma, career-oriented two-year college and four-year university diploma programs, vocational education programs, and master programs.