MarineMax, Inc. (NYSE:HZO – Get Rating) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 2,380,000 shares, a decline of 5.2% from the September 15th total of 2,510,000 shares. Approximately 11.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 309,000 shares, the days-to-cover ratio is currently 7.7 days.

Analysts Set New Price Targets

Several analysts recently weighed in on HZO shares. TheStreet cut shares of MarineMax from a “b-” rating to a “c+” rating in a research note on Monday, September 26th. StockNews.com upgraded shares of MarineMax from a “hold” rating to a “buy” rating in a report on Thursday, October 13th. Truist Financial dropped their target price on shares of MarineMax from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, October 5th. Finally, B. Riley lowered shares of MarineMax from a “buy” rating to a “neutral” rating and dropped their target price for the company from $84.00 to $44.00 in a report on Tuesday, June 21st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $49.80.

MarineMax Stock Up 0.3 %

Shares of NYSE HZO traded up $0.09 during trading on Tuesday, hitting $29.60. 6,655 shares of the…