Voyager Technologies, Inc. (NYSE:VOYG) Short Interest Update

Voyager Technologies, Inc. (NYSE:VOYG) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 5,950,689 shares, an increase of 19.7% from the January 15th total of 4,971,567 shares. Approximately 11.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,898,482 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily trading volume, of 1,898,482 shares, the days-to-cover ratio is currently 3.1 days. Approximately 11.1% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VOYG. JPMorgan Chase & Co. began coverage on Voyager Technologies in a report on Monday, November 24th. They set an “overweight” rating and a $43.00 price objective for the company. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, January 21st. KeyCorp cut their target price on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Wedbush started coverage on shares of Voyager Technologies in a research report on Friday, January 23rd. They issued an “outperform” rating and a $46.00 price target on the stock. Finally, Morgan Stanley set a $39.00 price objective on shares of Voyager Technologies in a report on Friday, January 16th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Voyager Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $44.88.

Hedge Funds Weigh In On Voyager Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of VOYG. Federation des caisses Desjardins du Quebec bought a new stake in Voyager Technologies in the 4th quarter worth approximately $26,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Voyager Technologies in the 2nd quarter valued at $28,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Voyager Technologies during the 4th quarter valued at $28,000. Ameritas Investment Partners Inc. bought a new stake in Voyager Technologies in the third quarter worth $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in Voyager Technologies during the third quarter valued at about $35,000.

Voyager Technologies Stock Performance

VOYG traded up $0.67 on Tuesday, reaching $26.71. The company had a trading volume of 855,169 shares, compared to its average volume of 1,716,239. Voyager Technologies has a 52-week low of $17.41 and a 52-week high of $73.95. The company has a market cap of $1.44 billion and a price-to-earnings ratio of -8.45. The business has a 50 day simple moving average of $29.15 and a 200 day simple moving average of $29.02.

About Voyager Technologies

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.