Virco Manufacturing Corporation (NASDAQ:VIRC) Shares Shorted Strengthened By 81.13%

June 27, 2018 - By Rebecca Betts

Virco Mfg. Corporation (NASDAQ:VIRC) Corporate Logo

Big Money Sentiment decreased to 1.43 in 2018 Q1. It has change of 3.90, from 2017Q4’s 5.33. The ratio dropped due to Virco Mfg. Corporation positioning: 1 sold and 6 reduced. 3 funds bought holdings and 7 increased holdings. Investors holded 9.27 million in 2017Q4 but now own 4.63 million shares or 50.09% less.
California Employees Retirement has 55,276 shs. Da Davidson Company owns 353,550 shs. Royal Bancorporation Of Canada stated it has 7 shs or 0% of all its holdings. Dimensional Fund Advisors Lp invested in 0% or 489,316 shs. Northern Corporation accumulated 30,952 shs. Tower Research Cap Ltd Llc (Trc), New York-based fund reported 62 shs. Moreover, Jpmorgan Chase And has 0% invested in Virco Mfg. Corporation (NASDAQ:VIRC) for 1,433 shs. Deutsche Bancshares Ag accumulated 13,092 shs. Geode Cap Mngmt Ltd Liability Com invested in 0% or 20,401 shs. Blackrock owns 79,151 shs for 0% of their capital. Susquehanna Llp owns 17,436 shs. Minerva Advsr Ltd reported 2.28% of its capital in Virco Mfg. Corporation (NASDAQ:VIRC). Citigroup has invested 0% in Virco Mfg. Corporation (NASDAQ:VIRC). Wells Fargo & Mn holds 0% in Virco Mfg. Corporation (NASDAQ:VIRC) or 1 shs. Lsv Asset Mgmt reported 33,100 shs stake.

Virco Mfg. Corporation registered $ net activity with 2 insider buys and 1 insider sale since March 13, 2018. $69,128 worth of stock was bought by VIRTUE DOUGLAS A on Tuesday, March 13. On Tuesday, March 13 CAPPELLO ALEXANDER L also bought $69,124 worth of Virco Mfg. Corporation (NASDAQ:VIRC).

Virco Manufacturing Corporation (NASDAQ:VIRC) had an increase of its shorted shares by 81.13%. It was published in June by FINRA the 9,600 shorted shares on VIRC. That’s 81.13% up from 5,300 shares. With Average volume 4,100, VIRC’s previous position will take 2 days to recover. Virco Manufacturing Corporation’s shorted shares float is 0.1%.

The stock decreased 9.18% or $0.45 during the last trading session, touching $4.45.Virco Mfg. Corporation is uptrending after having risen 2.22% since June 27, 2017. VIRC has 21,760 volume or 141.67% up from normal. VIRC underperformed by 10.35% the S&P500.

Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States.The firm is valued at $68.34 million. It offers seating products, including 4-leg chairs, cantilever and tablet arm chairs, work surfaces and compact footprints, steel-frame rockers, stools, task and classroom chairs, stack and folding chairs, hard plastic seats, upholstered stack and ergonomic chairs, and plastic stack chairs.Last it reported negative earnings. The firm also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products.

Another two news for Virco Mfg. Corporation (NASDAQ:VIRC) were recently brought out by: Globenewswire.com on June 08, 2018 with title “Virco Reports Financial Results for First Quarter of Fiscal 2019”. The other Globenewswire.com‘s article was titled “Virco Declares Quarterly Cash Dividend of $.015 per Share” and brought out on June 22, 2018.

Virco Mfg. Corporation (NASDAQ:VIRC) Institutional Investors Chart

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