Grupo Supervielle S.A. (NYSE:SUPV) Short Interest Update

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 1,740,000 shares, an increase of 85.2% from the March 31st total of 939,500 shares. Approximately 2.0% of the company's stock are sold short. Based on an average daily trading volume, of 1,150,000 shares, the short-interest ratio is currently 1.5 days.

Grupo Supervielle Stock Down 0.3 %

Grupo Supervielle stock traded down $0.04 during mid-day trading on Friday, hitting $14.49. The company had a trading volume of 470,890 shares, compared to its average volume of 1,206,815. Grupo Supervielle has a 12 month low of $5.00 and a 12 month high of $19.75. The company has a market capitalization of $1.28 billion, a PE ratio of 20.13 and a beta of 1.93. The stock's 50 day moving average price is $13.76 and its two-hundred day moving average price is $13.65. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a research note on Sunday, April 6th.

Hedge Funds Weigh In On Grupo Supervielle

A number of hedge funds have recently bought and sold shares of the company. TT International Asset Management LTD raised its holdings in Grupo Supervielle by 5.1% in the first quarter. TT International Asset Management LTD now owns 122,035 shares of the company's stock worth $1,594,000 after buying an additional 5,949 shares during the last quarter. Insigneo Advisory Services LLC increased its position in shares of Grupo Supervielle by 11.1% during the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock valued at $473,000 after acquiring an additional 3,604 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Grupo Supervielle by 10.2% during the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock valued at $104,000 after acquiring an additional 737 shares in the last quarter. Voloridge Investment Management LLC bought a new position in Grupo Supervielle in the 4th quarter valued at approximately $1,693,000. Finally, PointState Capital LP lifted its position in Grupo Supervielle by 300.7% in the 4th quarter. PointState Capital LP now owns 1,896,720 shares of the company's stock valued at $28,659,000 after acquiring an additional 1,423,383 shares in the last quarter.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services 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 and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.