Wilhelmina International, Inc. (NASDAQ:WHLM) Sees Large Decline in Short Interest

Wilhelmina International, Inc. (NASDAQ:WHLM) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 6,100 shares, a decrease of 65.7% from the September 15th total of 17,800 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is presently 1.0 days.

Insider Buying and Selling

In related news, major shareholder Omni Retail Enterprises, Llc sold 23,710 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $4.56, for a total value of $108,117.60. Following the completion of the transaction, the insider now owns 916,344 shares of the company’s stock, valued at approximately $4,178,528.64. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 37,703 shares of company stock valued at $171,572 over the last 90 days. 48.50% of the stock is currently owned by company insiders.

Institutional Trading of Wilhelmina International

An institutional investor recently raised its position in Wilhelmina International stock. Dimensional Fund Advisors LP grew its stake in Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,320 shares of the technology company’s stock after purchasing an additional 6,560 shares during the period. Dimensional Fund Advisors LP owned about 0.45% of Wilhelmina International worth $127,000 as of its most recent filing with the Securities and Exchange Commission. 20.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Wilhelmina International in a research report on Wednesday. They issued a “buy” rating for the company.

Wilhelmina International Stock Performance

Shares of NASDAQ WHLM traded up $0.03 during trading on Friday, reaching $3.99. The company had a trading volume of 7,207 shares, compared to its average volume of 14,575. The business’s 50 day moving average price is $5.11 and its 200-day moving average price is $5.20. The stock has a market cap of $20.56 million, a PE ratio of 30.66 and a beta of 0.54. Wilhelmina International has a 52 week low of $3.72 and a 52 week high of $7.62.

Wilhelmina International (NASDAQ:WHLM) last posted its earnings results on Wednesday, August 14th. The technology company reported $0.05 earnings per share (EPS) for the quarter. Wilhelmina International had a return on equity of 2.51% and a net margin of 3.68%. The business had revenue of $4.59 million during the quarter.

Wilhelmina International Company Profile

Wilhelmina International, Inc primarily engages in the fashion model management business. The company specializes in the representation and management of models, entertainers, athletes, and other talent to various clients, including retailers, designers, advertising agencies, print and electronic media and catalog companies.