Afya Limited (NASDAQ:AFYA) Short Interest Update

Afya Limited (NASDAQ:AFYA) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,070,000 shares, an increase of 8.5% from the November 15th total of 986,000 shares. Based on an average daily volume of 128,600 shares, the short-interest ratio is presently 8.3 days. Approximately 7.5% of the company’s shares are sold short.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group started coverage on shares of Afya in a report on Friday, August 30th. They issued a “neutral” rating and a $19.50 target price for the company. The Goldman Sachs Group began coverage on Afya in a research report on Tuesday, December 3rd. They issued a “sell” rating and a $16.00 target price for the company.

Afya Trading Down 0.2 %

Shares of NASDAQ AFYA opened at $15.64 on Monday. The business has a 50 day simple moving average of $16.65 and a 200 day simple moving average of $16.97. Afya has a 52 week low of $15.28 and a 52 week high of $22.48. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 0.33 and a beta of 0.89. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.60 and a current ratio of 1.60.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP raised its stake in Afya by 41.8% during the 2nd quarter. Marshall Wace LLP now owns 336,985 shares of the company’s stock valued at $5,948,000 after purchasing an additional 99,416 shares during the last quarter. Millennium Management LLC raised its stake in shares of Afya by 45.0% in the second quarter. Millennium Management LLC now owns 291,164 shares of the company’s stock valued at $5,139,000 after purchasing an additional 90,383 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Afya in the 3rd quarter valued at $842,000. Erste Asset Management GmbH acquired a new position in shares of Afya in the 3rd quarter valued at $822,000. Finally, Renaissance Technologies LLC boosted its position in shares of Afya by 19.7% during the 2nd quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock valued at $4,704,000 after acquiring an additional 43,800 shares in the last quarter. Institutional investors and hedge funds own 88.02% of the company’s stock.

Afya Company Profile

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.