Short Interest in Thryv Holdings, Inc. (NASDAQ:THRY) Increases By 15.1%

Thryv Holdings, Inc. (NASDAQ:THRY - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 3,500,000 shares, a growth of 15.1% from the January 15th total of 3,040,000 shares. Based on an average trading volume of 501,300 shares, the short-interest ratio is presently 7.0 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its stake in shares of Thryv by 397.0% in the 3rd quarter. Barclays PLC now owns 66,126 shares of the company's stock valued at $1,140,000 after purchasing an additional 52,821 shares during the last quarter. FMR LLC grew its position in Thryv by 1.3% in the third quarter. FMR LLC now owns 5,425,792 shares of the company's stock valued at $93,486,000 after acquiring an additional 71,174 shares during the last quarter. Bullseye Asset Management LLC acquired a new position in Thryv during the third quarter worth about $1,028,000. State of Alaska Department of Revenue lifted its holdings in shares of Thryv by 17.7% in the fourth quarter. State of Alaska Department of Revenue now owns 22,920 shares of the company's stock worth $339,000 after acquiring an additional 3,447 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Thryv by 15.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company's stock valued at $3,828,000 after purchasing an additional 28,909 shares in the last quarter. 96.38% of the stock is currently owned by institutional investors and hedge funds.

Thryv Price Performance

THRY traded down $0.59 on Wednesday, hitting $18.84. 135,511 shares of the stock were exchanged, compared to its average volume of 417,758. The firm has a market capitalization of $791.82 million, a price-to-earnings ratio of -1.96 and a beta of 0.90. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. Thryv has a 12 month low of $13.06 and a 12 month high of $26.42. The business has a 50-day moving average of $16.28 and a two-hundred day moving average of $16.60.

Analyst Upgrades and Downgrades

A number of brokerages have commented on THRY. Robert W. Baird decreased their price objective on Thryv from $25.00 to $20.00 and set an "outperform" rating on the stock in a report on Friday, November 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $28.00 price target on shares of Thryv in a research report on Wednesday, January 15th.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.