Visionary Holdings Inc. (NASDAQ:GV) Sees Significant Drop in Short Interest

Visionary Holdings Inc. (NASDAQ:GV) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 12,823 shares, a decline of 68.7% from the June 30th total of 40,968 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 91,930 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Visionary

A hedge fund recently bought a new stake in Visionary stock. DRW Securities LLC purchased a new stake in Visionary Holdings Inc. (NASDAQ:GV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 145,896 shares of the company’s stock, valued at approximately $171,000. DRW Securities LLC owned 2.60% of Visionary at the end of the most recent reporting period. 0.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Visionary in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Visionary Stock Performance

GV traded up $0.00 during trading on Monday, reaching $0.17. The company had a trading volume of 53,163 shares, compared to its average volume of 7,855,590. Visionary has a 12 month low of $0.14 and a 12 month high of $4.18. The business’s fifty day moving average price is $0.23 and its 200 day moving average price is $0.53.

Visionary Company Profile

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. It also provides educational services, such as immigration and study visa, student housing, career guidance, internship, and entrepreneurship guidance.