FTI Consulting, Inc. (NYSE:FCN) Short Interest Up 20.4% in January

FTI Consulting, Inc. (NYSE:FCN - Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 323,300 shares, an increase of 20.4% from the December 31st total of 268,500 shares. Based on an average trading volume of 228,800 shares, the short-interest ratio is presently 1.4 days.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of FTI Consulting from a "hold" rating to a "buy" rating in a research note on Saturday, November 2nd.

FTI Consulting Price Performance

Shares of FCN traded down $3.22 during mid-day trading on Friday, hitting $195.53. The company's stock had a trading volume of 196,627 shares, compared to its average volume of 202,120. The firm has a 50-day moving average price of $196.09 and a 200 day moving average price of $210.38. FTI Consulting has a fifty-two week low of $185.93 and a fifty-two week high of $243.60. The stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of 22.48 and a beta of 0.14.

Institutional Investors Weigh In On FTI Consulting

Large investors have recently modified their holdings of the stock. Prospera Private Wealth LLC purchased a new stake in shares of FTI Consulting during the third quarter valued at $34,000. Wilmington Savings Fund Society FSB purchased a new stake in FTI Consulting during the third quarter valued at about $35,000. Quarry LP lifted its stake in FTI Consulting by 337.8% during the third quarter. Quarry LP now owns 162 shares of the business services provider's stock valued at $37,000 after buying an additional 125 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of FTI Consulting by 76.6% in the third quarter. UMB Bank n.a. now owns 166 shares of the business services provider's stock worth $38,000 after buying an additional 72 shares during the period. Finally, True Wealth Design LLC purchased a new position in shares of FTI Consulting in the third quarter worth approximately $38,000. 99.36% of the stock is owned by institutional investors.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.