Harte Hanks, Inc. (NASDAQ:HHS) Short Interest Update

Harte Hanks, Inc. (NASDAQ:HHS) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 16,076 shares, a decrease of 42.4% from the July 15th total of 27,892 shares. Based on an average daily volume of 3,015 shares, the short-interest ratio is presently 5.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Harte Hanks

Several institutional investors have recently bought and sold shares of the business. DRW Securities LLC acquired a new position in shares of Harte Hanks during the 4th quarter valued at $38,000. BlackRock Inc. acquired a new stake in Harte Hanks in the 2nd quarter valued at $41,000. Goldman Sachs Group Inc. acquired a new stake in Harte Hanks in the 1st quarter valued at $49,000. Susquehanna International Group LLP purchased a new position in Harte Hanks in the third quarter valued at about $71,000. Finally, Raffles Associates LP acquired a new position in shares of Harte Hanks during the second quarter worth about $76,000. 33.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Harte Hanks in a report on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Harte Hanks Trading Down 5.3%

NASDAQ:HHS traded down $0.22 on Tuesday, hitting $3.96. 392,786 shares of the stock were exchanged, compared to its average volume of 44,588. The stock has a fifty day moving average of $2.44 and a 200-day moving average of $2.63. The stock has a market cap of $29.38 million, a PE ratio of -5.21 and a beta of -0.03. Harte Hanks has a fifty-two week low of $2.00 and a fifty-two week high of $4.50.

Harte Hanks (NASDAQ:HHS) last released its quarterly earnings data on Friday, August 14th. The business services provider reported ($0.67) earnings per share for the quarter. The firm had revenue of $37.98 million during the quarter. Harte Hanks had a negative net margin of 3.70% and a negative return on equity of 28.33%.

Harte Hanks Company Profile

Harte-Hanks, Inc engages in the provision of marketing solutions. It specializes in consulting, data analytics, creative services, digital and social media, marketing strategy, marketing technology, and other related services. It supports a range of customers in the field of technology, travel and leisure, entertainment, pharmaceuticals, automotive, finance, and retail. The company was founded in 1923 and is headquartered in San Antonio, TX.