Guild Holdings (NYSE:GHLD) Short Interest Down 73.2% in May

Guild Holdings (NYSE:GHLD - Get Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 3,000 shares, a decrease of 73.2% from the May 15th total of 11,200 shares. Based on an average daily volume of 13,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Millennium Management LLC boosted its position in shares of Guild by 18.6% during the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company's stock worth $218,000 after purchasing an additional 2,421 shares in the last quarter. Citadel Advisors LLC lifted its holdings in Guild by 57.5% during the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock worth $237,000 after acquiring an additional 6,134 shares in the last quarter. Northern Trust Corp grew its stake in Guild by 8.3% in the fourth quarter. Northern Trust Corp now owns 22,421 shares of the company's stock valued at $316,000 after acquiring an additional 1,709 shares during the period. HighTower Advisors LLC grew its stake in Guild by 419.9% in the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock valued at $1,768,000 after acquiring an additional 101,209 shares during the period. Finally, Donald Smith & CO. Inc. increased its holdings in shares of Guild by 0.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock worth $4,864,000 after acquiring an additional 1,535 shares in the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.

Guild Trading Up 6.7%

NYSE GHLD traded up $1.00 on Friday, reaching $15.90. The company had a trading volume of 68,533 shares, compared to its average volume of 13,359. Guild has a 52 week low of $11.21 and a 52 week high of $18.26. The stock's 50 day moving average is $13.41 and its 200-day moving average is $13.33. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. The stock has a market cap of $989.14 million, a price-to-earnings ratio of -10.26, a PEG ratio of 0.27 and a beta of 0.81.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Citigroup reissued an "outperform" rating on shares of Guild in a research note on Tuesday, May 27th. JPMorgan Chase & Co. raised Guild from an "underweight" rating to a "neutral" rating and cut their price target for the company from $12.50 to $12.00 in a research note on Tuesday, April 8th. JMP Securities set a $15.50 price objective on Guild and gave the stock a "market outperform" rating in a research report on Tuesday, May 27th. Finally, Wall Street Zen raised shares of Guild to a "hold" rating in a research note on Thursday, May 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Guild has a consensus rating of "Moderate Buy" and an average price target of $16.30.

Guild Company Profile

Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.