Short Interest in Csquare, Inc. (NYSE:CSQR) Rises By ∞

Csquare, Inc. (NYSE:CSQR) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,277,129 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 3,046,983 shares, the short-interest ratio is presently 0.4 days.

Csquare Stock Performance

CSQR stock traded down $0.14 during mid-day trading on Friday, reaching $22.71. 419,626 shares of the stock traded hands, compared to its average volume of 1,517,516. Csquare has a 52 week low of $19.50 and a 52 week high of $23.50.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CSQR shares. Wells Fargo & Company initiated coverage on Csquare in a research report on Monday, August 10th. They issued an “overweight” rating and a $25.00 target price on the stock. Sanford C. Bernstein started coverage on Csquare in a report on Monday, August 10th. They set an “outperform” rating and a $27.00 price target for the company. Jefferies Financial Group raised Csquare to a “strong-buy” rating in a research note on Friday. Royal Bank Of Canada assumed coverage on Csquare in a report on Monday, August 10th. They issued an “outperform” rating and a $24.00 price objective on the stock. Finally, Bank of America started coverage on Csquare in a report on Monday, August 10th. They issued a “buy” rating and a $46.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $28.44.