IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Short Interest Update

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 161,200 shares, a growth of 46.5% from the February 28th total of 110,000 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 161,400 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of IRSA Inversiones y Representaciones Sociedad Anónima

A number of institutional investors and hedge funds have recently made changes to their positions in IRS. GAMMA Investing LLC raised its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 37.7% in the fourth quarter. GAMMA Investing LLC now owns 4,706 shares of the financial services provider’s stock valued at $70,000 after buying an additional 1,288 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 70.2% in the third quarter. JPMorgan Chase & Co. now owns 20,014 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 8,258 shares during the period. Crocodile Capital Partners GmbH acquired a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at $541,000. BNP Paribas Financial Markets boosted its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 14.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 98,416 shares of the financial services provider’s stock valued at $1,120,000 after buying an additional 12,071 shares during the period. Finally, Stokes Family Office LLC grew its holdings in IRSA Inversiones y Representaciones Sociedad Anónima by 3.6% during the 4th quarter. Stokes Family Office LLC now owns 46,416 shares of the financial services provider’s stock worth $693,000 after acquiring an additional 1,611 shares in the last quarter. 45.46% of the stock is currently owned by hedge funds and other institutional investors.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance

Shares of IRS stock traded down $0.31 during mid-day trading on Monday, reaching $12.92. The stock had a trading volume of 99,193 shares, compared to its average volume of 164,696. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15. IRSA Inversiones y Representaciones Sociedad Anónima has a 1-year low of $7.92 and a 1-year high of $17.67. The firm has a market cap of $966.80 million, a price-to-earnings ratio of -3.02 and a beta of 1.45. The business’s fifty day moving average is $13.86 and its 200-day moving average is $14.13.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last posted its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.08% and a positive return on equity of 10.23%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, February 17th.

About IRSA Inversiones y Representaciones Sociedad Anónima

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.