Voyager Technologies, Inc. (NYSE:VOYG) Short Interest Down 14.3% in January

Voyager Technologies, Inc. (NYSE:VOYG) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,971,567 shares, a decline of 14.3% from the December 31st total of 5,798,502 shares. Based on an average daily volume of 1,920,171 shares, the days-to-cover ratio is presently 2.6 days. Approximately 9.2% of the shares of the company are short sold. Approximately 9.2% of the shares of the company are short sold. Based on an average daily volume of 1,920,171 shares, the days-to-cover ratio is presently 2.6 days.

Voyager Technologies Stock Performance

Shares of NYSE:VOYG opened at $29.87 on Wednesday. The firm has a market capitalization of $1.61 billion and a PE ratio of -9.45. Voyager Technologies has a 52-week low of $17.41 and a 52-week high of $73.95. The firm has a fifty day moving average of $28.44 and a 200 day moving average of $29.98.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VOYG shares. JPMorgan Chase & Co. assumed coverage on shares of Voyager Technologies in a report on Monday, November 24th. They issued an “overweight” rating and a $43.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday, January 21st. Morgan Stanley set a $39.00 target price on shares of Voyager Technologies in a research note on Friday, January 16th. Wedbush began coverage on shares of Voyager Technologies in a research report on Friday, January 23rd. They set an “outperform” rating and a $46.00 price target for the company. Finally, KeyCorp decreased their price target on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.88.

Hedge Funds Weigh In On Voyager Technologies

Several institutional investors have recently modified their holdings of VOYG. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Voyager Technologies in the 4th quarter worth approximately $7,334,000. Fifth Third Bancorp bought a new position in Voyager Technologies during the fourth quarter valued at approximately $730,000. Comerica Bank raised its stake in shares of Voyager Technologies by 44,598.9% during the fourth quarter. Comerica Bank now owns 40,229 shares of the company’s stock worth $1,052,000 after acquiring an additional 40,139 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of Voyager Technologies in the 4th quarter worth approximately $392,000. Finally, Obermeyer Wealth Partners purchased a new stake in shares of Voyager Technologies in the 4th quarter valued at $5,471,000.

Voyager Technologies Company Profile

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.