VirTra, Inc. (NASDAQ:VTSI) Stock Short Interest Report for October

VirTra, Inc. (NASDAQ:VTSI) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 106,227 shares, an increase of 135.9% from the September 30th total of 45,034 shares. Based on an average daily volume of 43,464 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of VirTra from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings reissued a “sell (d)” rating on shares of VirTra in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $5.00.

VirTra Stock Performance

NASDAQ:VTSI opened at $2.68 on Friday. The company’s 50-day moving average is $2.85 and its two-hundred day moving average is $3.62. VirTra has a 1-year low of $2.54 and a 1-year high of $6.08. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.89 and a quick ratio of 2.44. The firm has a market capitalization of $30.34 million, a price-to-earnings ratio of -10.31 and a beta of 0.86.

VirTra (NASDAQ:VTSI) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.08. VirTra had a negative net margin of 17.04% and a negative return on equity of 6.59%. The firm had revenue of $5.76 million for the quarter, compared to analyst estimates of $3.54 million. Analysts forecast that VirTra will post -0.14 EPS for the current year.

Hedge Funds Weigh In On VirTra

A hedge fund recently bought a new position in VirTra stock. Diversify Wealth Management LLC bought a new stake in VirTra, Inc. (NASDAQ:VTSI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 13,249 shares of the company’s stock, valued at approximately $49,000. Diversify Wealth Management LLC owned about 0.12% of VirTra as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 14.69% of the company’s stock.

About VirTra

VirTra, Inc develops and provides immersive training systems designed to help law enforcement, military, government, and commercial organizations prepare for high-stakes interactions. Its technology focuses on firearms proficiency, judgment and decision-making, de-escalation, communication, and use-of-force training through interactive video-based scenarios.

The company’s product portfolio includes multi-screen and single-screen simulator platforms, firearms training systems, scenario-based software, and related weapons, accessories, and training content.