A Reversal for Vectrus Inc (NYSE:VEC) Is Near. The Stock Has Decrease in Shorts

June 13, 2018 - By Vivian Currie

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 Drexel Hamilton on Monday, March 5 to “Hold”. Stifel Nicolaus maintained the shares of VEC in report on Monday, January 8 with “Hold” rating. As per Thursday, March 1, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, March 7 by Noble Financial.

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

Vectrus, Inc. (NYSE:VEC) Ratings Chart

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