Shell Asset Management Co. raised its position in shares of LendingClub Co. (NYSE:LC – Free Report) by 53.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 409,546 shares of the credit services provider’s stock after acquiring an additional 142,047 shares during the […]
By Sabela Ojea LendingClub said it is reducing its workforce by 14% amid views for a major drop in revenue in the upcoming quarter, citing challenging.
LendingClub Co. (NYSE:LC – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 2,950,000 shares, an increase of 16.1% from the August 31st total of 2,540,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is […]
LendingClub Co. (NYSE:LC – Free Report) – Analysts at Wedbush dropped their FY2023 earnings per share (EPS) estimates for shares of LendingClub in a research note issued to investors on Wednesday, September 27th. Wedbush analyst D. Chiaverini now expects that the credit services provider will post earnings per share of $0.25 for the year, down […]