share_log

CURO Group Holdings Corp. (NYSE:CURO) Short Interest Update

Defense World ·  Dec 19, 2022 04:31

CURO Group Holdings Corp. (NYSE:CURO – Get Rating) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 523,300 shares, a growth of 6.3% from the November 15th total of 492,500 shares. Based on an average daily trading volume, of 148,900 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.7% of the shares of the company are short sold.

CURO Group Stock Performance

NYSE:CURO opened at $3.35 on Monday. The company has a debt-to-equity ratio of 19.68, a quick ratio of 10.73 and a current ratio of 10.73. The stock has a 50-day simple moving average of $3.78 and a two-hundred day simple moving average of $5.45. The firm has a market capitalization of $135.62 million, a PE ratio of -4.72 and a beta of 2.68. CURO Group has a 52-week low of $2.96 and a 52-week high of $17.23.

Get CURO Group alerts:

CURO Group (NYSE:CURO – Get Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.29). CURO Group had a negative net margin of 2.71% and a negative return on equity of 29.48%. The company had revenue of $214.12 million for the quarter, compared to the consensus estimate of $220.83 million. Analysts forecast that CURO Group will post -0.92 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on CURO. Credit Suisse Group cut their price objective on CURO Group from $11.00 to $8.50 and set an "outperform" rating for the company in a report on Thursday, November 3rd. TheStreet cut shares of CURO Group from a "c" rating to a "d+" rating in a research note on Thursday, August 25th. Finally, Janney Montgomery Scott lowered shares of CURO Group from a "buy" rating to a "neutral" rating in a research report on Thursday, November 3rd.

Institutional Trading of CURO Group

Institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC boosted its holdings in CURO Group by 0.5% in the 1st quarter. HighTower Advisors LLC now owns 328,152 shares of the company's stock worth $4,282,000 after buying an additional 1,490 shares during the period. Swiss National Bank grew its position in shares of CURO Group by 5.1% during the first quarter. Swiss National Bank now owns 43,100 shares of the company's stock worth $562,000 after purchasing an additional 2,100 shares in the last quarter. Northern Trust Corp raised its stake in CURO Group by 1.2% during the 2nd quarter. Northern Trust Corp now owns 195,017 shares of the company's stock valued at $1,079,000 after purchasing an additional 2,253 shares during the period. Rhumbline Advisers lifted its holdings in CURO Group by 13.7% in the 1st quarter. Rhumbline Advisers now owns 19,450 shares of the company's stock worth $254,000 after purchasing an additional 2,350 shares in the last quarter. Finally, Amalgamated Bank bought a new position in CURO Group in the 1st quarter worth approximately $44,000. 36.69% of the stock is currently owned by institutional investors.

About CURO Group

(Get Rating)

CURO Group Holdings Corp., together with its subsidiaries, provides consumer finance products in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales, and money transfer services.

Further Reading

  • Get a free copy of the StockNews.com research report on CURO Group (CURO)
  • How Do Chipmakers Stack Up When It Comes To Growth?
  • Is AMC Entertainment Stock Worth Taking Down Here?
  • Is it Time to Take a Bite into Domino's Pizza?
  • MarketBeat: Week in Review 12/12 – 12/16
  • Which Two Bluechip Tech Companies Have Raised Their Guidance?

Receive News & Ratings for CURO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CURO Group 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