Wednesday, February 1, 2023
Google search engine
HomeMarketResultsVEON Ltd. (NASDAQ:VEON) Short Interest Down 17.5% in December

VEON Ltd. (NASDAQ:VEON) Short Interest Down 17.5% in December


VEON Ltd. (NASDAQ:VEONGet Rating) noticed a big lower in brief curiosity within the month of December. As of December fifteenth, there was brief curiosity totalling 874,000 shares, a lower of 17.5% from the November thirtieth complete of 1,060,000 shares. Primarily based on a median buying and selling quantity of 851,800 shares, the short-interest ratio is presently 1.0 days. Roughly 0.1% of the shares of the corporate are brief offered.

Wall Road Analysts Forecast Progress

Individually, StockNews.com started protection on shares of VEON in a report on Friday, December twenty third. They set a “strong-buy” ranking for the corporate.

VEON Inventory Down 3.4 %

NASDAQ VEON opened at $0.49 on Friday. The corporate has a debt-to-equity ratio of 6.04, a fast ratio of 0.60 and a present ratio of 0.62. The agency has a 50-day easy transferring common of $0.45 and a 200 day easy transferring common of $0.44. VEON has a twelve month low of $0.24 and a twelve month excessive of $1.78. The inventory has a market cap of $857.07 million, a PE ratio of two.54 and a beta of 1.64.

Institutional Buyers Weigh In On VEON

A number of hedge funds have not too long ago made modifications to their positions within the inventory. Mitsubishi UFJ Belief & Banking Corp lifted its stake in shares of VEON by 0.7% within the first quarter. Mitsubishi UFJ Belief & Banking Corp now owns 4,651,406 shares of the Wi-fi communications supplier’s inventory valued at $3,176,000 after shopping for a further 30,493 shares throughout the interval. UBS Group AG lifted its stake in shares of VEON by 22.6% within the third quarter. UBS Group AG now owns 171,685 shares of the Wi-fi communications supplier’s inventory valued at $55,000 after shopping for a further 31,678 shares throughout the interval. Nice West Life Assurance Co. Can lifted its stake in shares of VEON by 85.7% within the first quarter. Nice West Life Assurance Co. Can now owns 68,681 shares of the Wi-fi communications supplier’s inventory valued at $49,000 after shopping for a further 31,706 shares throughout the interval. Engineers Gate Supervisor LP purchased a brand new stake in shares of VEON within the first quarter valued at about $28,000. Lastly, Vontobel Holding Ltd. purchased a brand new stake in shares of VEON within the first quarter valued at about $48,000. Institutional traders personal 16.75% of the corporate’s inventory.

VEON Firm Profile

(Get Rating)

VEON Ltd., by means of its subsidiaries, offers cell and fixed-line telecommunications providers. It provides voice, knowledge, and different telecommunication providers by means of a spread of wi-fi, fastened, and broadband web providers. The corporate offers value-added providers, together with brief messages, multimedia messages, caller quantity identification, name ready, knowledge transmission, cell web, downloadable content material, cell finance, machine-to-machine, and different providers; nationwide and worldwide roaming providers; wi-fi web entry; and cell bundles and name completion providers.

See Additionally

This instantaneous information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you contemplate VEON, you will need to hear this.

MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their purchasers each day. MarketBeat has recognized the five stocks that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and VEON wasn’t on the record.

Whereas VEON at the moment has a “maintain” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.

View The Five Stocks Here

10 Best Stocks to Own in 2023 Cover



Source link

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular

Recent Comments