Harte Hanks Inc (NYSE:HHS) was the recipient of a large drop in short interest in November. As of November 29th, there was short interest totalling 24,500 shares, a drop of 8.9% from the November 14th total of 26,900 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.7% of the company’s shares are short sold.

An institutional investor recently raised its position in Harte Hanks stock. Renaissance Technologies LLC increased its holdings in shares of Harte Hanks Inc (NYSE:HHS) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 249,641 shares of the business services provider’s stock after buying an additional 4,700 shares during the quarter. Renaissance Technologies LLC owned 3.98% of Harte Hanks worth $549,000 as of its most recent filing with the Securities and Exchange Commission. 29.22% of the stock is currently owned by institutional investors.

Separately, ValuEngine downgraded Harte Hanks from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd.

Shares of HHS stock traded up $0.05 during trading hours on Friday, reaching $3.10. 1,389 shares of the stock traded hands, compared to its average volume of 9,449. Harte Hanks has a 1-year low of $2.20 and a 1-year high of $4.46. The business has a fifty day moving average price of $2.89 and a 200 day moving average price of $2.98. The firm has a market capitalization of $18.96 million, a PE ratio of -3.37 and a beta of 0.92.

Harte Hanks (NYSE:HHS) last posted its quarterly earnings data on Tuesday, November 12th. The business services provider reported ($0.97) EPS for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.64). The company had revenue of $51.41 million for the quarter. As a group, analysts forecast that Harte Hanks will post -1.32 earnings per share for the current year.

Harte Hanks Company Profile

Harte Hanks, Inc provides various multi-channel marketing services in the United States and internationally. The company provides agency services, such as customer engagement solutions in direct and digital communications for consumer and business-to-business markets; digital services, including search engine management, display, digital analytics, Website development and design, digital strategy, social media, email, e-commerce, and interactive relationship management services; and database marketing and business-to-business lead generation solutions that offer insight and analytics, customer data integration, and marketing communications tools.

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