From MarketBeat:

AdTheorent Holding Company, Inc. saw a large growth in short interest in December, with 532,900 shares, a growth of 14.9% from November. The short-interest ratio is 6.5 days, with 2.2% of the shares sold short.

Several hedge funds bought and sold shares of ADTH, owning 15.95% of the stock, with companies such as JPMorgan Chase & Co., Bank of New York Mellon Corp, BlackRock Inc., Vanguard Group Inc., and Charles Schwab Investment Management Inc. making purchases.

AdTheorent stock is up by 2.8%, with shares opening at $1.45 on Monday, and a 12-month low of $1.11 and high of $1.95. The company has a market cap of $127.95 million and a price-to-earnings ratio of 24.17.

AdTheorent last reported ($0.05) EPS, with a net margin of 3.83% and group sell-side analysts expecting 0.06 EPS for the current fiscal year.

Research firms have issued reports on ADTH, with Needham & Company LLC lowering the target price from $3.00 to $2.00 and setting a “buy” rating, while Noble Financial issued an “outperform” rating and a $4.00 target price.

AdTheorent Holding Company, Inc. provides digital advertising services worldwide, using machine learning and advanced data science to deliver value for customers.



Read more: AdTheorent Holding Company, Inc. (NASDAQ:ADTH) Short Interest Update