Could Verso Corporation (NYSE:VRS) Change Direction After More Shorts?

March 15, 2018 - By Peter Erickson

 Could Verso Corporation (NYSE:VRS) Change Direction After More Shorts?

The stock of Verso Corporation (NYSE:VRS) registered an increase of 0.16% in short interest. VRS’s total short interest was 1.29M shares in March as published by FINRA. Its up 0.16% from 1.29 million shares, reported previously. With 341,600 shares average volume, it will take short sellers 4 days to cover their VRS’s short positions. The short interest to Verso Corporation’s float is 5.43%.

The stock increased 1.58% or $0.27 during the last trading session, reaching $17.35. About 153,201 shares traded. Verso Corporation (NYSE:VRS) has 0.00% since March 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Verso Corporation produces and sells coated papers in the United States. The company has market cap of $597.80 million. It operates in two divisions, Paper and Pulp. It currently has negative earnings. The firm offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and Northern Bleached Hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products.

Verso Corporation (NYSE:VRS) Ratings Coverage

Among 2 analysts covering Verso Corporation (NYSE:VRS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Verso Corporation had 8 analyst reports since July 27, 2016 according to SRatingsIntel. The stock of Verso Corporation (NYSE:VRS) earned “Strong Buy” rating by BWS Financial on Friday, November 17. The stock has “Buy” rating by FBR Capital on Friday, February 16. The company was maintained on Wednesday, December 20 by FBR Capital. BWS Financial initiated the stock with “Buy” rating in Wednesday, July 27 report. The company was upgraded on Wednesday, October 18 by BWS Financial. The company was maintained on Friday, March 9 by FBR Capital.

More notable recent Verso Corporation (NYSE:VRS) news were published by: which released: “Verso Announces Plans to Restart Paper Machine in Jay, Maine” on February 15, 2018, also with their article: “Verso Announces Fourth Quarter and Full Year 2017 Earnings Conference Call and …” published on March 05, 2018, published: “Verso Corporation Reports Third Quarter 2017 Financial Results” on November 14, 2017. More interesting news about Verso Corporation (NYSE:VRS) were released by: and their article: “Verso Corporation Expands Strategic Alternatives Considerations” published on January 16, 2018 as well as‘s news article titled: “Verso Corporation: Value/Growth Opportunity At Great Price!” with publication date: December 20, 2017.

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