From MarketBeat:

Verra Mobility Co. (NASDAQ:VRRM) saw a 23.5% decrease in short interest in January. As of January 15th, there was short interest totalling 1,860,000 shares, equivalent to 1.2% of stock shares being short sold.

On Friday, NASDAQ VRRM traded at $23.57, up 2.1%. Verra Mobility has a 12-month low of $15.06 and a high of $23.66, with a market capitalization of $3.92 billion.

Verra Mobility last issued its quarterly earnings results on November 9th. The company reported $0.27 earnings per share (EPS) for the quarter, with a return on equity of 47.96%.

CEO David Martin Roberts sold 193,252 shares of the company’s stock on November 14th at an average price of $20.22.

A number of large investors have added to or reduced their stakes in VRRM.

Several analysts have recently weighed in on Verra Mobility, with a consensus rating of “Moderate Buy” and a consensus price target of $21.20.

Verra Mobility Corporation provides smart mobility technology solutions and services in the US, Australia, Canada, and Europe, operating through three segments: Commercial Services, Government Solutions, and Parking Solutions.



Read more: Verra Mobility Co. (NASDAQ:VRRM) Short Interest Update