Daily Journal Co. (NASDAQ:DJCO - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 84,500 shares, an increase of 38.1% from the January 15th total of 61,200 shares. Approximately 6.9% of the company's shares are sold short. Based on an average trading volume of 21,300 shares, the short-interest ratio is presently 4.0 days.
Daily Journal Trading Up 2.3 %
Shares of Daily Journal stock traded up $10.07 during trading on Tuesday, reaching $443.60. 24,674 shares of the stock were exchanged, compared to its average volume of 31,773. Daily Journal has a 1 year low of $317.01 and a 1 year high of $602.00. The firm has a market cap of $612.17 million, a price-to-earnings ratio of 7.82 and a beta of 0.90. The company has a quick ratio of 10.26, a current ratio of 10.26 and a debt-to-equity ratio of 0.10. The stock's fifty day moving average is $503.19 and its 200 day moving average is $500.82.
Daily Journal (NASDAQ:DJCO - Get Free Report) last released its quarterly earnings data on Monday, December 30th. The company reported $19.41 earnings per share for the quarter. Daily Journal had a return on equity of 22.98% and a net margin of 111.70%.
Institutional Trading of Daily Journal
Several large investors have recently added to or reduced their stakes in DJCO. The Manufacturers Life Insurance Company purchased a new stake in shares of Daily Journal in the 2nd quarter worth about $210,000. SG Americas Securities LLC bought a new position in Daily Journal in the third quarter worth about $245,000. Principal Financial Group Inc. purchased a new stake in Daily Journal in the third quarter worth about $309,000. Charles Schwab Investment Management Inc. boosted its position in Daily Journal by 133.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company's stock valued at $4,226,000 after acquiring an additional 4,924 shares in the last quarter. Finally, FMR LLC boosted its position in Daily Journal by 23.9% during the 3rd quarter. FMR LLC now owns 202 shares of the company's stock valued at $99,000 after acquiring an additional 39 shares in the last quarter. Institutional investors own 51.23% of the company's stock.
Daily Journal Company Profile
(
Get Free Report)
Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.
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