Grupo Supervielle S.A. (NYSE:SUPV) Short Interest Update

Grupo Supervielle S.A. (NYSE:SUPV) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,260,000 shares, a decline of 14.3% from the December 15th total of 1,470,000 shares. Based on an average trading volume of 1,310,000 shares, the days-to-cover ratio is currently 1.0 days.

Analyst Ratings Changes

A number of brokerages recently commented on SUPV. Morgan Stanley upgraded shares of Grupo Supervielle from an “underweight” rating to an “overweight” rating and set a $19.00 target price on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. raised shares of Grupo Supervielle from an “underweight” rating to a “neutral” rating and set a $15.00 price target for the company in a research note on Thursday, December 12th.

Hedge Funds Weigh In On Grupo Supervielle

A number of institutional investors and hedge funds have recently made changes to their positions in the business. TT International Asset Management LTD grew its stake in shares of Grupo Supervielle by 539.9% in the 4th quarter. TT International Asset Management LTD now owns 116,086 shares of the company’s stock worth $1,754,000 after buying an additional 97,946 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Grupo Supervielle in the third quarter worth $749,000. GAMMA Investing LLC increased its holdings in shares of Grupo Supervielle by 151.4% during the fourth quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock valued at $109,000 after acquiring an additional 4,349 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Grupo Supervielle in the 3rd quarter worth about $145,000. Finally, BNP Paribas Financial Markets boosted its stake in Grupo Supervielle by 449.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 61,303 shares of the company’s stock worth $436,000 after purchasing an additional 50,138 shares in the last quarter.

Grupo Supervielle Stock Down 4.0 %

Shares of NYSE:SUPV traded down $0.75 during midday trading on Thursday, reaching $17.97. The company’s stock had a trading volume of 1,673,081 shares, compared to its average volume of 1,821,288. Grupo Supervielle has a 12-month low of $3.48 and a 12-month high of $19.75. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average of $13.76 and a 200-day moving average of $9.53. The firm has a market capitalization of $1.64 billion, a P/E ratio of 24.96 and a beta of 1.96.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.