Guild Holdings (NYSE:GHLD) Short Interest Down 8.3% in November

Guild Holdings (NYSE:GHLD - Get Free Report) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 2,200 shares, a decrease of 8.3% from the November 15th total of 2,400 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is currently 0.2 days.

Guild Stock Up 0.4 %

GHLD traded up $0.06 during midday trading on Monday, hitting $13.67. The company had a trading volume of 10,511 shares, compared to its average volume of 12,655. The company has a market capitalization of $845.98 million, a price-to-earnings ratio of -8.78, a PEG ratio of 0.31 and a beta of 1.02. The stock's 50 day moving average price is $14.34 and its 200 day moving average price is $15.02. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. Guild has a 52 week low of $12.78 and a 52 week high of $18.25.

Wall Street Analysts Forecast Growth

Several research analysts have commented on GHLD shares. JPMorgan Chase & Co. cut their target price on Guild from $14.50 to $13.00 and set an "underweight" rating on the stock in a report on Monday, December 9th. Wells Fargo & Company reduced their target price on Guild from $17.00 to $15.00 and set an "equal weight" rating on the stock in a report on Thursday, November 7th. Finally, Wedbush restated an "outperform" rating and set a $20.00 price target on shares of Guild in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Guild presently has a consensus rating of "Hold" and a consensus price target of $16.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Castleview Partners LLC bought a new stake in shares of Guild during the third quarter worth about $79,000. Renaissance Technologies LLC lifted its holdings in shares of Guild by 8.2% in the second quarter. Renaissance Technologies LLC now owns 27,700 shares of the company's stock valued at $410,000 after purchasing an additional 2,100 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Guild by 2.0% during the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company's stock valued at $1,634,000 after buying an additional 1,901 shares during the last quarter. Empowered Funds LLC grew its holdings in Guild by 5.3% during the third quarter. Empowered Funds LLC now owns 269,881 shares of the company's stock worth $4,488,000 after buying an additional 13,668 shares in the last quarter. Finally, Bridges Investment Management Inc. purchased a new stake in Guild in the 2nd quarter valued at $10,497,000. Institutional investors own 17.52% of the company's stock.

About Guild

Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.