Grupo Supervielle S.A. (NYSE:SUPV – Get Rating) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 617,100 shares, a growth of 30.9% from the August 15th total of 471,300 shares. Based on an average daily trading volume, of 339,500 shares, the short-interest ratio is presently 1.8 days.
Analyst Upgrades and Downgrades
Separately, TheStreet cut Grupo Supervielle from a "c-" rating to a "d+" rating in a research report on Wednesday, June 22nd.
Get Grupo Supervielle alerts:Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of SUPV. Mirabella Financial Services LLP acquired a new stake in shares of Grupo Supervielle in the fourth quarter valued at approximately $176,000. Long Focus Capital Management LLC acquired a new stake in shares of Grupo Supervielle in the fourth quarter valued at approximately $2,815,000. Verition Fund Management LLC acquired a new stake in shares of Grupo Supervielle in the first quarter valued at approximately $404,000. Renaissance Technologies LLC acquired a new stake in shares of Grupo Supervielle in the first quarter valued at approximately $338,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Grupo Supervielle by 21.5% in the first quarter. Envestnet Asset Management Inc. now owns 32,474 shares of the company's stock valued at $66,000 after buying an additional 5,749 shares during the last quarter. 2.65% of the stock is owned by institutional investors and hedge funds.
Grupo Supervielle Stock Performance
NYSE SUPV traded down $0.11 during trading hours on Thursday, hitting $1.85. 256,027 shares of the company traded hands, compared to its average volume of 323,954. The business's 50-day moving average is $1.69 and its 200-day moving average is $1.75. Grupo Supervielle has a twelve month low of $1.20 and a twelve month high of $2.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.54.Grupo Supervielle (NYSE:SUPV – Get Rating) last issued its quarterly earnings results on Wednesday, August 17th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.13). Grupo Supervielle had a negative net margin of 2.09% and a negative return on equity of 5.01%. The company had revenue of $196.29 million for the quarter, compared to analyst estimates of $194.20 million. On average, sell-side analysts forecast that Grupo Supervielle will post -0.02 EPS for the current year.
Grupo Supervielle Company Profile
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Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal and Business Banking, Corporate Banking, Treasury and Finance, Capital Markets and Structuring, and Support Areas segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit cards, debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.
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