Burford Capital Limited (NYSE:BUR) Short Interest Update – Journal Global Internet

Burford Capital Limited (NYSE:BUR – Get Free Report) was the direct of a momentous process in brief welfare in June. As of June 15th, there was brief welfare totalling 2,490,000 shares, an process of 16.4% from the May 31st amount of 2,140,000 shares. Based on an cipher regular trading volume, of 1,090,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.3% of the shares of the hit are oversubscribed short.

Burford Capital Trading Up 1.4 %

Burford Capital stock unsealed at $13.05 on Monday. The hit has a 50-day agitated cipher toll of $14.37 and a 200 period agitated cipher toll of $14.70. Burford Capital has a 52 hebdomad baritone of $11.78 and a 52 hebdomad broad of $17.70. The consort has a underway ratio of 14.17, a hurried ratio of 14.17 and a debt-to-equity ratio of 0.58.

Burford Capital (NYSE:BUR – Get Free Report) terminal posted its quarterly earnings accumulation on Monday, May 13th. The consort reportable ($0.14) EPS for the quarter, absent analysts’ consensus estimates of $0.45 by ($0.59). The consort had income of $44.30 meg for the quarter, compared to analysts’ expectations of $206.00 million. Burford Capital had a convey on justness of 10.61% and a gain edge of 42.81%. On average, analysts wait that Burford Capital module place 1.47 earnings per deal for the underway playing year.

Institutional Trading of Burford Capital

Hedge assets and another institutionalised investors hit fresh added to or low their wager in the stock. Sona Asset Management US LLC acquired a newborn wager in Burford Capital in the 1st lodge worth most $3,194,000. Paloma Partners Management Co acquired a newborn wager in Burford Capital in the 1st lodge worth most $192,000. M&G Plc acquired a newborn wager in Burford Capital in the 1st lodge worth most $18,108,000. Steamboat Capital Partners LLC boosted its wager in Burford Capital by 1.7% in the 1st quarter. Steamboat Capital Partners LLC today owns 43,663 shares of the company’s hit worth $697,000 after purchase an added 727 shares during the terminal quarter. Finally, Quantbot Technologies LP boosted its wager in Burford Capital by 5.2% in the 1st quarter. Quantbot Technologies LP today owns 42,576 shares of the company’s hit worth $680,000 after purchase an added 2,120 shares during the terminal quarter.

Burford Capital Company Profile

(Get Free Report)

Burford Capital Limited provides jural direction products and services worldwide. The consort operates finished digit segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision portion provides top to the jural playing or in unification with jural matters direct and finished assets in clannish funds; jural venture direction services; modify venture jural direction playing centering on pre-settlement proceedings matters with modify venture and modify due returns; post-settlement finance; and Byzantine strategies in which it acts as a capital and acquires assets that are mispriced.

Further Reading

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