VirTra, Inc. (NASDAQ:VTSI) Short Interest Update

VirTra, Inc. (NASDAQ:VTSI) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 54,226 shares, a decrease of 32.3% from the August 15th total of 80,109 shares. Based on an average daily trading volume, of 34,529 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.5% of the shares of the stock are short sold.

VirTra Price Performance

VirTra stock opened at $2.93 on Friday. The firm has a market capitalization of $33.17 million, a PE ratio of -11.27 and a beta of 0.71. VirTra has a 52 week low of $2.87 and a 52 week high of $6.29. The firm’s 50-day simple moving average is $3.06 and its 200 day simple moving average is $3.56. The company has a quick ratio of 2.44, a current ratio of 3.89 and a debt-to-equity ratio of 0.25.

VirTra (NASDAQ:VTSI) last announced its earnings results on Thursday, August 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. VirTra had a negative net margin of 17.04% and a negative return on equity of 6.59%. The company had revenue of $5.76 million during the quarter, compared to analysts’ expectations of $3.54 million. On average, equities research analysts predict that VirTra will post -0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On VirTra

An institutional investor recently bought a new stake in VirTra stock. Diversify Wealth Management LLC acquired a new stake in VirTra, Inc. (NASDAQ:VTSI) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,249 shares of the company’s stock, valued at approximately $49,000. Diversify Wealth Management LLC owned approximately 0.12% of VirTra as of its most recent SEC filing. 14.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Zacks Research upgraded shares of VirTra from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings restated a “sell (d)” rating on shares of VirTra in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $5.00.

VirTra Company Profile

VirTra, Inc (NASDAQ:VTSI) develops immersive simulation training systems for law enforcement, military personnel, first responders and commercial organizations. Its solutions are designed to help users practice firearms handling, judgment, decision-making, de-escalation and other responses in realistic, scenario-based environments.

The company offers multi-screen and virtual-reality training platforms, interactive software, scenario libraries, weapons and other training accessories. Its systems can simulate a range of situations, including use-of-force encounters, emergency response events and other high-pressure circumstances, allowing instructors to evaluate performance and provide feedback in a controlled setting.

VirTra is headquartered in Chandler, Arizona, and serves customers in the United States and international markets through sales, training and support activities.