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

Grupo Supervielle S.A. (NYSE:SUPV) saw 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 short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On Grupo Supervielle

A number of institutional investors and hedge funds have recently bought and sold shares of SUPV. Sparta 24 Ltd. bought a new stake in shares of Grupo Supervielle in the 4th quarter worth approximately $2,192,000. Koshinski Asset Management Inc. acquired a new stake in shares of Grupo Supervielle in the fourth quarter worth $289,000. TT International Asset Management LTD grew its holdings in shares of Grupo Supervielle by 539.9% during the fourth quarter. TT International Asset Management LTD now owns 116,086 shares of the company’s stock valued at $1,754,000 after buying an additional 97,946 shares in the last quarter. GAMMA Investing LLC lifted its stake in Grupo Supervielle by 151.4% in the 4th quarter. GAMMA Investing LLC now owns 7,221 shares of the company’s stock worth $109,000 after acquiring an additional 4,349 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Grupo Supervielle by 129.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 374,515 shares of the company’s stock worth $2,663,000 after acquiring an additional 211,166 shares during the period.

Analysts Set New Price Targets

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

Grupo Supervielle Stock Down 6.3 %

NYSE SUPV traded down $1.13 on Friday, reaching $16.82. 2,116,889 shares of the stock traded hands, compared to its average volume of 1,265,751. The firm’s fifty day simple moving average is $14.07 and its 200 day simple moving average is $9.67. Grupo Supervielle has a 12 month low of $3.65 and a 12 month high of $19.75. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.86 and a current ratio of 0.86.

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.