Short Interest in VirTra, Inc. (NASDAQ:VTSI) Decreases By 14.4%

VirTra, Inc. (NASDAQ:VTSI - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 585,000 shares, a decrease of 14.4% from the April 30th total of 683,600 shares. Based on an average daily volume of 92,900 shares, the days-to-cover ratio is currently 6.3 days. Approximately 5.6% of the company's stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in VirTra by 31.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 306,619 shares of the company's stock valued at $2,070,000 after purchasing an additional 74,216 shares during the period. Geode Capital Management LLC grew its stake in VirTra by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 242,173 shares of the company's stock valued at $1,635,000 after purchasing an additional 4,969 shares during the period. Northern Trust Corp grew its stake in VirTra by 4.8% in the 4th quarter. Northern Trust Corp now owns 87,603 shares of the company's stock valued at $591,000 after purchasing an additional 4,005 shares during the period. Resona Asset Management Co. Ltd. bought a new position in VirTra in the 4th quarter valued at $312,000. Finally, Perritt Capital Management Inc grew its stake in VirTra by 100.0% in the 4th quarter. Perritt Capital Management Inc now owns 40,000 shares of the company's stock valued at $270,000 after purchasing an additional 20,000 shares during the period. Institutional investors own 14.69% of the company's stock.

VirTra Stock Up 0.6%

NASDAQ VTSI traded up $0.04 on Friday, reaching $6.53. The company had a trading volume of 72,778 shares, compared to its average volume of 104,731. The stock has a market capitalization of $73.54 million, a P/E ratio of 12.56 and a beta of 0.43. The company's fifty day moving average is $4.86 and its 200 day moving average is $5.83. VirTra has a 52-week low of $3.57 and a 52-week high of $9.40. The company has a quick ratio of 3.46, a current ratio of 5.02 and a debt-to-equity ratio of 0.17.

VirTra (NASDAQ:VTSI - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.10. The business had revenue of $7.16 million during the quarter, compared to analyst estimates of $5.46 million. VirTra had a return on equity of 13.01% and a net margin of 18.24%. Sell-side analysts anticipate that VirTra will post 0.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VTSI. Wall Street Zen raised VirTra from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Lake Street Capital lowered their target price on VirTra from $10.00 to $7.00 and set a "buy" rating on the stock in a research report on Friday, March 28th.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.