Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 9.2% in January

Heidrick & Struggles International, Inc. (NASDAQ:HSII) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 407,000 shares, a drop of 9.2% from the January 15th total of 448,100 shares. Based on an average daily trading volume, of 139,400 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Trading of Heidrick & Struggles International

Large investors have recently modified their holdings of the company. Quest Partners LLC acquired a new position in Heidrick & Struggles International during the 3rd quarter valued at about $30,000. Gladius Capital Management LP acquired a new position in Heidrick & Struggles International during the 3rd quarter valued at about $31,000. Quantbot Technologies LP acquired a new position in Heidrick & Struggles International during the 3rd quarter valued at about $33,000. KLP Kapitalforvaltning AS acquired a new position in Heidrick & Struggles International during the 4th quarter valued at about $173,000. Finally, Orion Portfolio Solutions LLC acquired a new position in Heidrick & Struggles International during the 3rd quarter valued at about $207,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Down 3.9 %

HSII stock opened at $43.31 on Wednesday. Heidrick & Struggles International has a fifty-two week low of $28.51 and a fifty-two week high of $49.02. The firm’s 50-day simple moving average is $45.14 and its 200 day simple moving average is $41.84. The stock has a market cap of $884.04 million, a PE ratio of 23.41, a price-to-earnings-growth ratio of 0.99 and a beta of 0.87.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Barrington Research raised their price target on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Finally, Truist Financial restated a “hold” rating and issued a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.