VirTra, Inc. (NASDAQ:VTSI) Short Interest Up 47.2% in March

VirTra, Inc. (NASDAQ:VTSI) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 86,100 shares, an increase of 47.2% from the March 15th total of 58,500 shares. Based on an average daily volume of 249,200 shares, the short-interest ratio is presently 0.3 days. Approximately 0.8% of the company’s shares are sold short.

VirTra Trading Down 1.1 %

Shares of VTSI stock opened at $13.08 on Friday. The firm has a market cap of $145.32 million, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 0.52 and a beta of 0.85. The business has a 50-day moving average price of $10.85 and a two-hundred day moving average price of $8.83. The company has a quick ratio of 2.32, a current ratio of 3.11 and a debt-to-equity ratio of 0.18. VirTra has a 12-month low of $4.20 and a 12-month high of $16.97.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VTSI. Tower Research Capital LLC TRC increased its holdings in VirTra by 303.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 6,414 shares of the company’s stock valued at $26,000 after purchasing an additional 4,824 shares during the period. UBS Group AG bought a new stake in shares of VirTra in the 3rd quarter worth approximately $54,000. Dimensional Fund Advisors LP bought a new position in VirTra in the 3rd quarter valued at approximately $57,000. Trexquant Investment LP purchased a new stake in VirTra during the 3rd quarter valued at $64,000. Finally, Royal Bank of Canada purchased a new stake in shares of VirTra in the 2nd quarter worth $79,000. Hedge funds and other institutional investors own 14.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Lake Street Capital upped their target price on VirTra from $9.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, December 29th. Roth Mkm increased their price target on VirTra from $14.50 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd.

About VirTra

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.