Graham Holdings (NYSE:GHC) Sees Significant Increase in Short Interest

Graham Holdings (NYSE:GHC) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totalling 52,100 shares, an increase of 6.3% from the July 31st total of 49,000 shares. Based on an average daily trading volume, of 17,600 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.6% of the shares of the stock are short sold.

Institutional Trading of Graham

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GHC. Innealta Capital LLC purchased a new stake in shares of Graham during the 2nd quarter valued at $35,000. Whittier Trust Co. acquired a new position in Graham in the second quarter valued at $70,000. Quest Partners LLC purchased a new stake in Graham during the fourth quarter valued at about $73,000. Headlands Technologies LLC acquired a new stake in Graham during the second quarter worth about $76,000. Finally, Principal Securities Inc. purchased a new position in shares of Graham in the 4th quarter worth about $77,000. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a research note on Friday, August 9th.

Graham Trading Up 0.3 %

Shares of GHC traded up $2.34 on Monday, hitting $795.19. 10,200 shares of the stock traded hands, compared to its average volume of 15,661. The firm has a market capitalization of $3.53 billion, a P/E ratio of 13.19 and a beta of 1.12. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. Graham has a 1 year low of $563.39 and a 1 year high of $822.18. The stock’s 50 day moving average is $746.34 and its two-hundred day moving average is $735.64.

Graham (NYSE:GHC) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $12.70 earnings per share (EPS) for the quarter. Graham had a return on equity of 5.22% and a net margin of 2.89%.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.