What’s Propelling Vectrus Inc (NYSE:VEC) After Lower Shorts Reported?

June 13, 2018 - By Peter Erickson

Vectrus, Inc. (NYSE:VEC) Logo

The stock of Vectrus Inc (NYSE:VEC) registered a decrease of 4.04% in short interest. VEC’s total short interest was 221,000 shares in June as published by FINRA. Its down 4.04% from 230,300 shares, reported previously. With 74,400 shares average volume, it will take short sellers 3 days to cover their VEC’s short positions. The short interest to Vectrus Inc’s float is 2.03%.

The stock increased 0.40% or $0.13 during the last trading session, reaching $32.91. About 78,643 shares traded. Vectrus, Inc. (NYSE:VEC) has risen 8.99% since June 13, 2017 and is uptrending. It has underperformed by 3.58% the S&P500.

Vectrus, Inc. provides infrastructure asset management, logistics and supply chain management, and information technology and network communication services to the U.S. government worldwide. The company has market cap of $369.40 million. It offers infrastructure asset management services, such as civil engineering, infrastructure, operation and maintenance, security, warehouse management and distribution, ammunition management, air base maintenance and operation, communication, emergency, transportation, and life support services for U.S. It has a 6.2 P/E ratio. Army, Air Force, and Navy.

Vectrus, Inc. (NYSE:VEC) Ratings Coverage

Among 3 analysts covering Vectrus (NYSE:VEC), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Vectrus had 5 analyst reports since January 8, 2018 according to SRatingsIntel. The rating was downgraded by Noble Financial to “Hold” on Wednesday, March 7. The firm has “Hold” rating given on Thursday, March 1 by Stifel Nicolaus. The stock of Vectrus, Inc. (NYSE:VEC) earned “Hold” rating by Stifel Nicolaus on Monday, January 8. As per Monday, March 5, the company rating was downgraded by Drexel Hamilton.

More recent Vectrus, Inc. (NYSE:VEC) news were published by: Prnewswire.com which released: “Vectrus to present at Stifel’s 2018 Cross Sector Insight Conference on June 13” on May 31, 2018. Also Streetinsider.com published the news titled: “Vectrus, Inc. (VEC) Says it Won $84 Million Sheppard Air Force Base Contract” on May 22, 2018. Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within Shiloh Industries, KMG Chemicals, Quad Graphics, Kearny Financial, Teledyne …” with publication date: May 29, 2018 was also an interesting one.

Vectrus, Inc. (NYSE:VEC) Ratings Chart

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