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HomeMarketResultsFiverr International Ltd. (NYSE:FVRR) Sees Significant Growth in Short Interest

Fiverr International Ltd. (NYSE:FVRR) Sees Significant Growth in Short Interest


Fiverr Worldwide Ltd. (NYSE:FVRRGet Rating) was the recipient of a major progress briefly curiosity in the course of the month of December. As of December fifteenth, there was quick curiosity totalling 2,500,000 shares, a progress of 10.1% from the November thirtieth whole of two,270,000 shares. Roughly 8.0% of the shares of the corporate are quick bought. Based mostly on a median each day buying and selling quantity, of 617,800 shares, the days-to-cover ratio is presently 4.0 days.

Hedge Funds Weigh In On Fiverr Worldwide

Numerous institutional traders have just lately modified their holdings of the inventory. Financial institution of New York Mellon Corp boosted its holdings in shares of Fiverr Worldwide by 5.4% within the first quarter. Financial institution of New York Mellon Corp now owns 56,619 shares of the corporate’s inventory valued at $4,308,000 after shopping for a further 2,891 shares in the course of the interval. Lord Abbett & CO. LLC acquired a brand new stake in Fiverr Worldwide in the course of the first quarter value about $25,208,000. Industrial Alliance Funding Administration Inc. acquired a brand new stake in shares of Fiverr Worldwide within the 1st quarter valued at roughly $134,000. Energy Corp of Canada acquired a brand new stake in shares of Fiverr Worldwide within the 1st quarter valued at roughly $304,000. Lastly, Neuberger Berman Group LLC purchased a brand new place in Fiverr Worldwide within the 1st quarter valued at roughly $229,000. 47.70% of the inventory is owned by institutional traders.

Wall Avenue Analyst Weigh In

Numerous equities analysts have commented on the corporate. Oppenheimer diminished their goal worth on Fiverr Worldwide from $50.00 to $40.00 in a report on Thursday, November tenth. Citigroup assumed protection on Fiverr Worldwide in a analysis report on Tuesday, December thirteenth. They issued a “purchase” score and a $45.00 worth goal on the inventory. The Goldman Sachs Group decreased their worth goal on Fiverr Worldwide from $42.00 to $33.00 and set a “impartial” score on the inventory in a analysis notice on Thursday, November tenth. Royal Financial institution of Canada lifted their worth goal on Fiverr Worldwide from $32.00 to $33.00 and gave the inventory a “sector carry out” score in a analysis report on Thursday, November tenth. Lastly, Needham & Firm LLC dropped their worth goal on Fiverr Worldwide from $50.00 to $40.00 and set a “purchase” score for the corporate in a report on Thursday, November tenth. Three funding analysts have rated the inventory with a maintain score and three have issued a purchase score to the inventory. Based mostly on information from MarketBeat, the inventory presently has a median score of “Average Purchase” and a consensus worth goal of $41.25.

Fiverr Worldwide Inventory Down 1.6 %

Shares of Fiverr International stock traded down $0.47 throughout noon buying and selling on Tuesday, reaching $28.67. 512,921 shares of the corporate’s inventory traded fingers, in comparison with its common quantity of 473,335. The corporate has a market cap of $1.05 billion, a price-to-earnings ratio of -11.80 and a beta of 1.73. The corporate’s 50 day easy transferring common is $32.05 and its 200 day easy transferring common is $33.58. The corporate has a debt-to-equity ratio of 1.90, a fast ratio of two.98 and a present ratio of two.98. Fiverr Worldwide has a 52 week low of $26.16 and a 52 week excessive of $109.20.

Fiverr Worldwide (NYSE:FVRRGet Rating) final introduced its earnings outcomes on Wednesday, November ninth. The corporate reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.58) by $0.27. The agency had income of $82.54 million for the quarter, in comparison with the consensus estimate of $81.45 million. Fiverr Worldwide had a damaging web margin of 26.86% and a damaging return on fairness of 32.87%. Equities analysts count on that Fiverr Worldwide will put up -1.11 earnings per share for the present fiscal yr.

Fiverr Worldwide Firm Profile

(Get Rating)

Fiverr Worldwide Ltd. operates an internet market worldwide. Its platform permits sellers to promote their providers and consumers to purchase them. The corporate’s platform contains roughly 550 classes in 9 verticals, together with graphic and design, digital advertising, writing and translation, video and animation, music and audio, programming and expertise, enterprise, information, and life-style.

Learn Extra

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

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