McGraw Hill, Inc. (NYSE:MH) Short Interest Up 179.6% in September

Key Points

• McGraw Hill, Inc. experienced a significant increase in short interest, rising 179.6% in September, totaling 3,020,000 shares by the end of the month.
• Analysts have issued various ratings for McGraw Hill, with a consensus rating of "Moderate Buy" and an average target price of $20.97.
• As of September 30th, 12.1% of McGraw Hill's shares were sold short, reflecting investor sentiment toward the stock amidst ongoing market fluctuations.

McGraw Hill, Inc. (NYSE:MH - Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,020,000 shares, a growth of 179.6% from the September 15th total of 1,080,000 shares. Currently, 12.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 12.1% of the shares of the company are sold short.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MH shares. UBS Group started coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a "neutral" rating and a $15.00 price target on the stock. The Goldman Sachs Group started coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $27.00 price target on the stock. BTIG Research started coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $19.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of McGraw Hill in a report on Monday, August 18th. They set a "buy" rating and a $18.00 price objective on the stock. Finally, Robert W. Baird started coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating and a $21.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, McGraw Hill has a consensus rating of "Moderate Buy" and an average target price of $20.97.

McGraw Hill Trading Up 0.4%

NYSE MH opened at $12.52 on Friday. McGraw Hill has a 52 week low of $11.17 and a 52 week high of $17.25. The firm's 50-day simple moving average is $13.75.

McGraw Hill Company Profile

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.