EZCORP, Inc. (NASDAQ:EZPW) Short Interest Down 5.4% in September

EZCORP, Inc. (NASDAQ:EZPW) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 7,700,000 shares, a drop of 5.4% from the August 31st total of 8,140,000 shares. Currently, 15.5% of the shares of the stock are short sold. Based on an average daily volume of 472,200 shares, the short-interest ratio is presently 16.3 days.

EZCORP Price Performance

NASDAQ:EZPW traded up $0.39 on Monday, hitting $11.21. The company had a trading volume of 967,007 shares, compared to its average volume of 519,461. The firm has a 50 day moving average of $11.19 and a two-hundred day moving average of $10.74. The stock has a market capitalization of $615.90 million, a price-to-earnings ratio of 10.78 and a beta of 1.02. The company has a current ratio of 2.59, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. EZCORP has a 52 week low of $7.70 and a 52 week high of $12.23.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. The business had revenue of $281.42 million for the quarter, compared to analyst estimates of $281.69 million. On average, research analysts anticipate that EZCORP will post 1.13 earnings per share for the current year.

Institutional Investors Weigh In On EZCORP

Hedge funds have recently added to or reduced their stakes in the business. Campbell & CO Investment Adviser LLC increased its stake in shares of EZCORP by 259.7% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 55,931 shares of the credit services provider’s stock valued at $489,000 after buying an additional 40,380 shares during the period. Stephens Investment Management Group LLC increased its position in EZCORP by 5.0% during the 4th quarter. Stephens Investment Management Group LLC now owns 2,510,414 shares of the credit services provider’s stock valued at $21,941,000 after purchasing an additional 118,599 shares during the period. Wasatch Advisors LP raised its holdings in EZCORP by 9.9% during the 4th quarter. Wasatch Advisors LP now owns 2,532,799 shares of the credit services provider’s stock worth $22,137,000 after purchasing an additional 228,013 shares during the last quarter. Perritt Capital Management Inc. lifted its position in shares of EZCORP by 9.2% in the 4th quarter. Perritt Capital Management Inc. now owns 83,300 shares of the credit services provider’s stock worth $728,000 after purchasing an additional 7,000 shares during the period. Finally, Salem Investment Counselors Inc. boosted its stake in shares of EZCORP by 33.5% in the 1st quarter. Salem Investment Counselors Inc. now owns 48,335 shares of the credit services provider’s stock valued at $548,000 after purchasing an additional 12,135 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.