share_log

Short Interest in EZCORP, Inc. (NASDAQ:EZPW) Increases By 22.3%

Financial News Live ·  Dec 17, 2022 08:31

EZCORP, Inc. (NASDAQ:EZPW – Get Rating) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 4,930,000 shares, an increase of 22.3% from the November 15th total of 4,030,000 shares. Based on an average daily volume of 562,200 shares, the short-interest ratio is presently 8.8 days. Currently, 9.6% of the shares of the stock are sold short.

EZCORP Stock Performance

EZPW opened at $8.44 on Friday. The company has a quick ratio of 3.22, a current ratio of 4.21 and a debt-to-equity ratio of 0.45. The company has a market cap of $475.25 million, a price-to-earnings ratio of 12.23, a PEG ratio of 0.32 and a beta of 1.10. EZCORP has a 52-week low of $5.51 and a 52-week high of $10.68. The firm's fifty day simple moving average is $9.15 and its two-hundred day simple moving average is $8.46.

Get EZCORP alerts:

EZCORP (NASDAQ:EZPW – Get Rating) last posted its quarterly earnings data on Wednesday, November 16th. The credit services provider reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. The business had revenue of $233.41 million for the quarter, compared to the consensus estimate of $219.82 million. EZCORP had a net margin of 5.66% and a return on equity of 8.01%. Equities analysts anticipate that EZCORP will post 0.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On EZCORP

Hedge funds and other institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC lifted its stake in shares of EZCORP by 128.8% in the third quarter. Tower Research Capital LLC TRC now owns 3,418 shares of the credit services provider's stock worth $27,000 after buying an additional 1,924 shares in the last quarter. KBC Group NV purchased a new position in shares of EZCORP in the second quarter worth about $33,000. UBS Group AG lifted its stake in shares of EZCORP by 2,053.5% in the third quarter. UBS Group AG now owns 4,307 shares of the credit services provider's stock worth $34,000 after buying an additional 4,107 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of EZCORP in the first quarter worth about $38,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of EZCORP by 36.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 6,893 shares of the credit services provider's stock worth $53,000 after buying an additional 1,835 shares in the last quarter. 90.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of EZCORP in a report on Wednesday, October 12th. They set a "buy" rating on the stock.

About EZCORP

(Get Rating)

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. It offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.

Featured Articles

  • Get a free copy of the StockNews.com research report on EZCORP (EZPW)
  • MarketBeat: Week in Review 12/12 – 12/16
  • Which Two Bluechip Tech Companies Have Raised Their Guidance?
  • Should You Worry About Elon Musk Selling His Tesla Shares?
  • Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
  • This is no Time to Buy Lennar but the Time is Coming

Receive News & Ratings for EZCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZCORP and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment