Virco Manufacturing Corporation (NASDAQ:VIRC) Sellers Increased Their Shorts By 81.13%

June 27, 2018 - By Robert Judd

Virco Mfg. Corporation (NASDAQ:VIRC) Corporate Logo

Big Money Sentiment decreased to 1.43 in Q1 2018. It has change of 3.90, from 2017Q4’s 5.33. The ratio dropped due to Virco Mfg. Corporation positioning: 1 sold and 6 reduced. 3 funds amassed stakes and 7 increased stakes. Investors holded 9.27 million in 2017Q4 but now own 4.63 million shares or 50.09% less.
Morgan Stanley has invested 0% in Virco Mfg. Corporation (NASDAQ:VIRC). Royal Natl Bank Of Canada has invested 0% of its capital in Virco Mfg. Corporation (NASDAQ:VIRC). Dimensional Fund Ltd Partnership has invested 0% in Virco Mfg. Corporation (NASDAQ:VIRC). Da Davidson And invested in 0.03% or 353,550 shs. Northern holds 0% of its capital in Virco Mfg. Corporation (NASDAQ:VIRC) for 30,952 shs. Moreover, Lsv Asset has 0% invested in Virco Mfg. Corporation (NASDAQ:VIRC) for 33,100 shs. Renaissance Limited Liability invested in 208,900 shs or 0% of the stock. Panagora Asset Management has 0% invested in Virco Mfg. Corporation (NASDAQ:VIRC) for 1,774 shs. Susquehanna Grp Incorporated Limited Liability Partnership holds 0% in Virco Mfg. Corporation (NASDAQ:VIRC) or 17,436 shs. James Inv Rech holds 0% or 9,155 shs. Wells Fargo Mn accumulated 1 shs. Vanguard invested in 0% or 248,840 shs. 1.06 million were accumulated by Minerva Advisors Ltd Liability Com. Geode Cap Mgmt Ltd Llc holds 0% or 20,401 shs in its capital. Bridgeway Cap holds 0% or 32,400 shs in its capital.

Virco Mfg. Corporation registered $ net activity with 2 buys and 1 insider sale since March 13, 2018. Rudkin Donald R also sold $138,252 worth of Virco Mfg. Corporation (NASDAQ:VIRC) on Tuesday, March 13. VIRTUE DOUGLAS A also bought $69,128 worth of Virco Mfg. Corporation (NASDAQ:VIRC) shs.

Virco Manufacturing Corporation (NASDAQ:VIRC) had an increase of its shares shorted by 81.13%. It was issued in June by FINRA the 9,600 shares shorted on VIRC. That’s 81.13% up from 5,300 shares. With Average volume 4,100, VIRC’s previous position will take 2 days to restore. Virco Manufacturing Corporation’s shares shorted float is 0.1%.

The stock decreased 9.18% or $0.45 during the last trading session, reaching $4.45.Virco Mfg. Corporation is uptrending after having risen 2.22% since June 27, 2017. VIRC has 21,760 volume or 141.67% up from normal. The stock underperformed the S&P 500 by 10.35%.

Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States.The firm is worth $68.34 million. It offers seating products, including 4-leg chairs, cantilever and tablet arm chairs, work surfaces and compact footprints, steel-frame rockers, stools, task and classroom chairs, stack and folding chairs, hard plastic seats, upholstered stack and ergonomic chairs, and plastic stack chairs.Currently it has negative earnings. The firm also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products.

Another two news for Virco Mfg. Corporation (NASDAQ:VIRC) were briefly posted by: Globenewswire.com on June 22, 2018 with title “Virco Declares Quarterly Cash Dividend of $.015 per Share”. The other Globenewswire.com‘s article was titled “Virco Reports Financial Results for First Quarter of Fiscal 2019” and posted on June 08, 2018.

Virco Mfg. Corporation (NASDAQ:VIRC) Institutional Investors Chart

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