Short Interest in Kaltura, Inc. (NASDAQ:KLTR) Expands By 6.4%

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,170,000 shares, a growth of 6.4% from the January 15th total of 1,100,000 shares. Currently, 1.8% of the company's shares are short sold. Based on an average daily volume of 545,800 shares, the days-to-cover ratio is presently 2.1 days.

Kaltura Trading Down 2.0 %

Shares of KLTR stock traded down $0.05 on Thursday, reaching $2.45. The company had a trading volume of 594,763 shares, compared to its average volume of 640,429. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26. The stock has a market cap of $366.77 million, a PE ratio of -9.42 and a beta of 1.14. The company has a 50-day moving average of $2.38 and a 200-day moving average of $1.82. Kaltura has a 12 month low of $0.76 and a 12 month high of $2.82.

Kaltura (NASDAQ:KLTR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.03). Kaltura had a negative net margin of 20.71% and a negative return on equity of 139.50%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on KLTR shares. Needham & Company LLC reissued a "buy" rating and set a $3.00 price objective on shares of Kaltura in a report on Friday, January 17th. Wells Fargo & Company upped their price target on Kaltura from $1.00 to $1.50 and gave the company an "underweight" rating in a research note on Thursday, November 7th.

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Hedge Funds Weigh In On Kaltura

Several institutional investors and hedge funds have recently modified their holdings of the business. Squarepoint Ops LLC grew its position in shares of Kaltura by 189.0% in the 4th quarter. Squarepoint Ops LLC now owns 59,415 shares of the company's stock valued at $131,000 after purchasing an additional 38,854 shares during the period. ProShare Advisors LLC grew its position in shares of Kaltura by 51.2% in the 4th quarter. ProShare Advisors LLC now owns 27,454 shares of the company's stock valued at $60,000 after purchasing an additional 9,291 shares during the period. Occudo Quantitative Strategies LP acquired a new position in shares of Kaltura in the 4th quarter valued at approximately $123,000. Millennium Management LLC grew its position in shares of Kaltura by 249.7% in the 4th quarter. Millennium Management LLC now owns 715,755 shares of the company's stock valued at $1,575,000 after purchasing an additional 511,072 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Kaltura in the 4th quarter valued at approximately $80,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Kaltura Company Profile

Kaltura, Inc provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T).