Short Interest in MarineMax, Inc. (NYSE:HZO) Grows By 12.3%
, 2022-12-04 23:35:12,
MarineMax, Inc. (NYSE:HZO – Get Rating) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,730,000 shares, an increase of 12.3% from the October 31st total of 2,430,000 shares. Currently, 13.1% of the company’s stock are short sold. Based on an average daily volume of 340,200 shares, the short-interest ratio is presently 8.0 days.
MarineMax Stock Performance
NYSE:HZO traded up $1.03 during mid-day trading on Friday, hitting $33.03. 211,601 shares of the company’s stock traded hands, compared to its average volume of 265,362. The firm has a 50 day moving average of $31.31 and a two-hundred day moving average of $35.92. MarineMax has a 12 month low of $27.40 and a 12 month high of $61.06. The firm has a market capitalization of $717.41 million, a price-to-earnings ratio of 3.73 and a beta of 1.59. The company has a current ratio of 1.83, a quick ratio of 0.73 and a debt-to-equity ratio of 0.06.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. StockNews.com raised MarineMax from a “hold” rating to a “buy” rating in a report on Saturday, October 29th. Truist Financial lowered their price objective on MarineMax from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, October 5th. DA Davidson lowered their price objective on MarineMax to $44.00 in a report on Tuesday, November 1st. TheStreet lowered MarineMax from a “b-” rating to a…
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