Verra Mobility Co. (NASDAQ:VRRM) Short Interest Update

Verra Mobility Co. (NASDAQ:VRRM) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 2,710,000 shares, a decrease of 24.1% from the January 31st total of 3,570,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the short-interest ratio is presently 2.6 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Armis Advisers LLC purchased a new position in Verra Mobility in the fourth quarter valued at $307,000. Public Employees Retirement System of Ohio increased its holdings in Verra Mobility by 14.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 262,479 shares of the company’s stock valued at $6,347,000 after buying an additional 32,627 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Verra Mobility by 25.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,064,618 shares of the company’s stock valued at $49,922,000 after buying an additional 421,377 shares in the last quarter. Sovereign s Capital Management LLC purchased a new position in Verra Mobility in the fourth quarter valued at $1,186,000. Finally, Westwood Holdings Group Inc. increased its holdings in Verra Mobility by 28.7% in the fourth quarter. Westwood Holdings Group Inc. now owns 4,460,793 shares of the company’s stock valued at $107,862,000 after buying an additional 994,775 shares in the last quarter.

Verra Mobility Stock Down 3.9 %

VRRM stock opened at $21.68 on Thursday. Verra Mobility has a one year low of $21.48 and a one year high of $31.03. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61. The firm’s fifty day moving average is $25.40 and its 200 day moving average is $25.56. The firm has a market cap of $3.57 billion, a PE ratio of 36.13, a P/E/G ratio of 2.18 and a beta of 1.30.

Verra Mobility Company Profile

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.