Wilhelmina International, Inc. (NASDAQ:WHLM) Sees Large Increase in Short Interest

Wilhelmina International, Inc. (NASDAQ:WHLM) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 27,800 shares, an increase of 405.5% from the October 31st total of 5,500 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.9 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Wilhelmina International in a report on Tuesday. They set a “buy” rating for the company.

Insiders Place Their Bets

In other Wilhelmina International news, major shareholder Omni Retail Enterprises, Llc sold 23,710 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $4.56, for a total value of $108,117.60. Following the completion of the sale, the insider now directly owns 916,344 shares of the company’s stock, valued at $4,178,528.64. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 47,456 shares of company stock valued at $210,557 over the last quarter. 48.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wilhelmina International

An institutional investor recently raised its position in Wilhelmina International stock. Dimensional Fund Advisors LP lifted its position in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,320 shares of the technology company’s stock after purchasing an additional 6,560 shares during the period. Dimensional Fund Advisors LP owned 0.45% of Wilhelmina International worth $127,000 as of its most recent SEC filing. 20.01% of the stock is owned by institutional investors and hedge funds.

Wilhelmina International Stock Performance

Shares of Wilhelmina International stock opened at $4.02 on Thursday. Wilhelmina International has a 52-week low of $3.02 and a 52-week high of $7.62. The company’s 50 day moving average price is $3.78 and its 200-day moving average price is $4.90. The stock has a market capitalization of $20.73 million, a price-to-earnings ratio of 34.08 and a beta of 0.57.

Wilhelmina International Company Profile

Wilhelmina International, Inc primarily engages in the fashion model management business. The company specializes in the representation and management of models, entertainers, athletes, and other talent to various clients, including retailers, designers, advertising agencies, print and electronic media and catalog companies.