Helios and Matheson Analytics Inc (NASDAQ:HMNY) saw a large increase in short interest in December. As of December 29th, there was short interest totalling 4,876,385 shares, an increase of 30.9% from the December 15th total of 3,726,178 shares. Approximately 66.4% of the company’s stock are sold short. Based on an average daily trading volume, of 6,028,707 shares, the days-to-cover ratio is currently 0.8 days.

Separately, Maxim Group set a $25.00 target price on shares of Helios and Matheson Analytics and gave the stock a “buy” rating in a report on Tuesday, December 5th.

In other Helios and Matheson Analytics news, Director Muralikrishna Gadiyaram sold 170,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $13.00, for a total transaction of $2,210,000.00. Following the sale, the director now directly owns 750,000 shares in the company, valued at approximately $9,750,000. The transaction was disclosed in a document filed with the SEC, which is available through this link. 37.50% of the stock is owned by corporate insiders.

An institutional investor recently bought a new position in Helios and Matheson Analytics stock. Phoenix Investment Adviser LLC acquired a new stake in Helios and Matheson Analytics Inc (NASDAQ:HMNY) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 46,000 shares of the information technology services provider’s stock, valued at approximately $584,000. Helios and Matheson Analytics makes up 0.5% of Phoenix Investment Adviser LLC’s investment portfolio, making the stock its 29th biggest position. Phoenix Investment Adviser LLC owned approximately 0.48% of Helios and Matheson Analytics at the end of the most recent reporting period. 1.36% of the stock is owned by institutional investors.

Shares of Helios and Matheson Analytics (NASDAQ HMNY) opened at $8.06 on Friday. The stock has a market cap of $189.26, a P/E ratio of -0.85 and a beta of 0.52. Helios and Matheson Analytics has a fifty-two week low of $2.20 and a fifty-two week high of $38.86.

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Helios and Matheson Analytics Company Profile

Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.

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