LendingClub Co. (NYSE:LC – Get Rating) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 4,780,000 shares, a drop of 7.4% from the May 15th total of 5,160,000 shares. Based on an average trading volume of 2,010,000 shares, the days-to-cover ratio is currently 2.4 days. Analyst […]
LendingClub Co. (NYSE:LC – Get Rating) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 4,780,000 shares, a decrease of 7.4% from the May 15th total of 5,160,000 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is presently […]
LendingClub Co. (NYSE:LC – Get Rating) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 4,780,000 shares, a decrease of 7.4% from the May 15th total of 5,160,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest […]
Stock analysts at Jefferies Financial Group started coverage on shares of LendingClub (NYSE:LC – Get Rating) in a note issued to investors on Friday, The Fly reports. The brokerage set a “buy” rating on the credit services provider’s stock. Several other brokerages have also issued reports on LC. Keefe, Bruyette & Woods dropped their target […]
Shares of LendingClub Co. (NYSE:LC – Get Rating) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the […]