IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Short Interest Up 52.3% in May

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 166,600 shares, an increase of 52.3% from the May 15th total of 109,400 shares. Based on an average daily volume of 165,700 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On IRSA Inversiones y Representaciones Sociedad Anónima

A number of hedge funds have recently bought and sold shares of the company. Acadian Asset Management LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 1st quarter worth $27,000. FNY Investment Advisers LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 4th quarter worth $38,000. Jump Financial LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth $81,000. Advisors Preferred LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 1st quarter worth $94,000. Finally, Deuterium Capital Management LLC bought a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 1st quarter worth $96,000. 45.46% of the stock is owned by hedge funds and other institutional investors.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Down 1.3 %

IRS traded down $0.13 during mid-day trading on Friday, reaching $9.89. 173,025 shares of the stock were exchanged, compared to its average volume of 125,642. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.52 and a current ratio of 0.52. The stock has a market capitalization of $730.77 million, a PE ratio of 15.67 and a beta of 1.40. The company has a 50 day moving average price of $10.18 and a two-hundred day moving average price of $9.09. IRSA Inversiones y Representaciones Sociedad Anónima has a 1 year low of $5.73 and a 1 year high of $11.67.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) last posted its quarterly earnings data on Tuesday, May 7th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter. The firm had revenue of $71.62 million for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a net margin of 8.94% and a return on equity of 29.02%.

IRSA Inversiones y Representaciones Sociedad Anónima Cuts Dividend

The company also recently disclosed a — dividend, which was paid on Tuesday, June 11th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.6303 per share. The ex-dividend date was Monday, June 3rd. IRSA Inversiones y Representaciones Sociedad Anónima’s dividend payout ratio is 99.80%.

IRSA Inversiones y Representaciones Sociedad Anónima Company Profile

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.