OneSpaWorld Holdings Limited (NASDAQ:OSW) Short Interest Down 16.8% in January

OneSpaWorld Holdings Limited (NASDAQ:OSW) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,290,000 shares, a decline of 16.8% from the January 15th total of 1,550,000 shares. Based on an average trading volume of 538,600 shares, the days-to-cover ratio is presently 2.4 days.

Insider Buying and Selling

In related news, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the transaction, the director now owns 170,917 shares of the company’s stock, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On OneSpaWorld

Large investors have recently made changes to their positions in the company. Lord Abbett & CO. LLC grew its holdings in shares of OneSpaWorld by 53.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock worth $10,166,000 after purchasing an additional 214,557 shares during the last quarter. State Street Corp lifted its position in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after buying an additional 61,568 shares in the last quarter. Royce & Associates LP acquired a new position in OneSpaWorld during the 3rd quarter worth about $2,295,000. Geode Capital Management LLC lifted its position in OneSpaWorld by 6.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock worth $39,869,000 after buying an additional 141,578 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in OneSpaWorld by 55.6% during the 3rd quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock worth $1,519,000 after buying an additional 32,888 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Trading Up 0.1 %

Shares of OneSpaWorld stock opened at $22.50 on Friday. The company’s fifty day moving average price is $20.29 and its two-hundred day moving average price is $18.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld has a 52-week low of $11.98 and a 52-week high of $22.61. The firm has a market capitalization of $2.34 billion, a PE ratio of 45.92 and a beta of 2.10.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Stifel Nicolaus boosted their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Truist Financial boosted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.