National Vision Holdings, Inc. (NASDAQ:EYE) Short Interest Update

National Vision Holdings, Inc. (NASDAQ:EYE) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 3,980,000 shares, a decline of 12.1% from the November 15th total of 4,530,000 shares. Based on an average trading volume of 1,460,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On National Vision

Large investors have recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new position in shares of National Vision in the 2nd quarter valued at $30,000. Meeder Asset Management Inc. acquired a new position in National Vision in the second quarter valued at $32,000. CWM LLC boosted its holdings in National Vision by 44.8% in the second quarter. CWM LLC now owns 2,717 shares of the company’s stock valued at $36,000 after acquiring an additional 841 shares during the last quarter. KBC Group NV grew its position in National Vision by 64.6% during the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock valued at $36,000 after acquiring an additional 1,292 shares during the period. Finally, Quarry LP acquired a new stake in National Vision during the third quarter worth about $43,000.

National Vision Trading Down 1.6 %

Shares of NASDAQ:EYE traded down $0.18 during trading on Tuesday, reaching $11.40. The stock had a trading volume of 986,342 shares, compared to its average volume of 1,448,621. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The stock has a market cap of $897.75 million, a P/E ratio of -56.70, a PEG ratio of 3.10 and a beta of 1.41. The business has a fifty day moving average price of $11.02 and a 200-day moving average price of $11.71. National Vision has a fifty-two week low of $9.56 and a fifty-two week high of $24.11.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. During the same period in the previous year, the firm posted $0.09 EPS. National Vision’s revenue was down 15.2% on a year-over-year basis. As a group, analysts anticipate that National Vision will post 0.27 earnings per share for the current fiscal year.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.