Willis Lease Finance Co. (NASDAQ:WLFC) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 23,200 shares, a growth of 15.4% from the May 30th total of 20,100 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.7% of the company’s shares are short sold.

NASDAQ WLFC opened at $63.20 on Monday. The stock has a market cap of $371.31 million, a PE ratio of 7.03 and a beta of 0.64. The company has a current ratio of 2.56, a quick ratio of 1.77 and a debt-to-equity ratio of 4.22. Willis Lease Finance has a twelve month low of $30.81 and a twelve month high of $64.00. The business’s fifty day simple moving average is $54.72.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings results on Monday, May 6th. The transportation company reported $3.35 earnings per share for the quarter. The business had revenue of $103.77 million during the quarter. Willis Lease Finance had a return on equity of 20.18% and a net margin of 15.24%.

In other Willis Lease Finance news, Director Robert T. Morris sold 484 shares of the firm’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $57.14, for a total value of $27,655.76. Following the completion of the sale, the director now directly owns 5,104 shares of the company’s stock, valued at approximately $291,642.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert T. Morris sold 1,100 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $55.13, for a total value of $60,643.00. Following the completion of the sale, the director now directly owns 5,588 shares of the company’s stock, valued at $308,066.44. The disclosure for this sale can be found here. Insiders sold a total of 17,722 shares of company stock valued at $934,855 over the last ninety days. Corporate insiders own 51.89% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP purchased a new position in shares of Willis Lease Finance in the first quarter worth approximately $224,000. Mork Capital Management LLC purchased a new position in shares of Willis Lease Finance in the first quarter worth approximately $216,000. Tredje AP fonden boosted its holdings in shares of Willis Lease Finance by 14.7% in the first quarter. Tredje AP fonden now owns 9,103 shares of the transportation company’s stock worth $1,605,000 after buying an additional 1,165 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Willis Lease Finance by 3.9% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 23,550 shares of the transportation company’s stock worth $998,000 after buying an additional 875 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of Willis Lease Finance by 298.1% in the first quarter. BNP Paribas Arbitrage SA now owns 629 shares of the transportation company’s stock worth $27,000 after buying an additional 471 shares during the last quarter. Institutional investors and hedge funds own 38.01% of the company’s stock.

Separately, BidaskClub cut Xperi from a “sell” rating to a “strong sell” rating in a report on Wednesday, June 19th.

About Willis Lease Finance

Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. It also purchases and resells commercial aircraft engines; and sells aircraft engine parts and materials.

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