Voyager Technologies, Inc. (NYSE:VOYG) Short Interest Update

Voyager Technologies, Inc. (NYSE:VOYG) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,260,000 shares, a growth of 47.0% from the August 31st total of 857,200 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.5% of the company’s stock are short sold.

Hedge Funds Weigh In On Voyager Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of VOYG. Dakota Wealth Management purchased a new position in Voyager Technologies in the 2nd quarter worth approximately $2,426,000. Highline Wealth Partners LLC bought a new stake in shares of Voyager Technologies in the 2nd quarter worth approximately $26,000. PFG Investments LLC bought a new stake in shares of Voyager Technologies in the 2nd quarter worth approximately $212,000. Liberty Street Advisors Inc. bought a new stake in shares of Voyager Technologies in the 2nd quarter worth approximately $21,384,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Voyager Technologies in the 2nd quarter worth approximately $274,000.

Voyager Technologies Price Performance

Shares of NYSE:VOYG opened at $35.70 on Thursday. Voyager Technologies has a 12 month low of $26.10 and a 12 month high of $73.95. The company’s 50 day moving average price is $31.32.

Voyager Technologies (NYSE:VOYG) last released its quarterly earnings results on Monday, August 4th. The company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.33). The business had revenue of $45.67 million for the quarter, compared to analyst estimates of $35.44 million. During the same period in the previous year, the company posted ($1.29) earnings per share. Voyager Technologies’s quarterly revenue was up 24.5% on a year-over-year basis. Voyager Technologies has set its FY 2025 guidance at EPS.

Analyst Ratings Changes

VOYG has been the subject of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Voyager Technologies in a report on Monday, July 7th. They set a “buy” rating and a $50.00 price objective for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday. KeyCorp initiated coverage on shares of Voyager Technologies in a report on Monday, July 7th. They set an “overweight” rating and a $50.00 price objective for the company. Bank of America reduced their price objective on shares of Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a report on Monday, August 25th. Finally, Morgan Stanley began coverage on shares of Voyager Technologies in a research report on Monday, July 7th. They set an “equal weight” rating and a $46.00 price target on the stock. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $47.71.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development.