National Vision Holdings, Inc. (NASDAQ:EYE) Short Interest Down 12.1% in November

National Vision Holdings, Inc. (NASDAQ:EYE) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 3,980,000 shares, a drop 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 short sold.

National Vision Trading Down 1.9 %

Shares of NASDAQ EYE traded down $0.22 during mid-day trading on Friday, hitting $11.41. The stock had a trading volume of 698,336 shares, compared to its average volume of 1,453,094. The firm has a market cap of $898.54 million, a P/E ratio of -57.05, a price-to-earnings-growth ratio of 3.10 and a beta of 1.41. National Vision has a 1 year low of $9.56 and a 1 year high of $24.11. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The business has a 50 day moving average price of $11.00 and a two-hundred day moving average price of $11.75.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.06 by $0.06. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $451.13 million. During the same period in the prior year, the business earned $0.09 EPS. The company’s revenue for the quarter was down 15.2% on a year-over-year basis. On average, equities analysts anticipate that National Vision will post 0.27 EPS for the current fiscal year.

Institutional Investors Weigh In On National Vision

Institutional investors have recently modified their holdings of the stock. Innealta Capital LLC purchased a new stake in National Vision during the second quarter valued at $30,000. Meeder Asset Management Inc. bought a new stake in National Vision during the 2nd quarter valued at approximately $32,000. CWM LLC grew its stake in National Vision by 44.8% during 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 in the last quarter. KBC Group NV lifted its position in shares of National Vision by 64.6% in the third quarter. KBC Group NV now owns 3,291 shares of the company’s stock worth $36,000 after buying an additional 1,292 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of National Vision in the third quarter valued at $43,000.

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.