Blucora Incorporated (NASDAQ:BCOR) Sellers Covered 37.08% of Their Shorts

December 8, 2017 - By Marie Mckinney

 Blucora Incorporated (NASDAQ:BCOR) Sellers Covered 37.08% of Their Shorts

The stock of Blucora Incorporated (NASDAQ:BCOR) registered a decrease of 37.08% in short interest. BCOR’s total short interest was 745,700 shares in December as published by FINRA. Its down 37.08% from 1.19 million shares, reported previously. With 420,100 shares average volume, it will take short sellers 2 days to cover their BCOR’s short positions. The short interest to Blucora Incorporated’s float is 1.9%.

It closed at $20.25 lastly. It is down 147.59% since December 8, 2016 and is uptrending. It has outperformed by 130.89% the S&P500.

Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company has market cap of $934.05 million. The firm operates through two divisions, Wealth Management and Tax Preparation. It currently has negative earnings. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

Blucora, Inc. (NASDAQ:BCOR) Ratings Coverage

Among 4 analysts covering Blucora (NASDAQ:BCOR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Blucora has $2300 highest and $10 lowest target. $16.33’s average target is -19.36% below currents $20.25 stock price. Blucora had 9 analyst reports since August 22, 2015 according to SRatingsIntel. On Saturday, August 22 the stock rating was maintained by Benchmark with “Buy”. The stock of Blucora, Inc. (NASDAQ:BCOR) has “Outperform” rating given on Friday, October 28 by Barrington Research. The rating was maintained by Benchmark on Tuesday, February 16 with “Buy”. The rating was maintained by Benchmark on Wednesday, July 26 with “Buy”. The rating was maintained by Wedbush with “Outperform” on Friday, February 12. The rating was upgraded by Craig Hallum on Friday, April 29 to “Buy”. The firm has “Buy” rating given on Monday, August 24 by Benchmark. Barrington Research upgraded Blucora, Inc. (NASDAQ:BCOR) on Monday, May 2 to “Outperform” rating.

More news for Blucora, Inc. (NASDAQ:BCOR) were recently published by: Globenewswire.com, which released: “Blucora Announces Amendment and Re-Pricing of Credit Facility” on November 29, 2017. Prnewswire.com‘s article titled: “Internet Stocks’ Research Reports Released on Remark, Weibo, Blucora, and Zillow” and published on December 05, 2017 is yet another important article.

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