Could Veritex Holdings Inc (NASDAQ:VBTX) Go Down After Its Newest Short Interest Report?

March 14, 2018 - By Richard Conner

 Could Veritex Holdings Inc (NASDAQ:VBTX) Go Down After Its Newest Short Interest Report?

The stock of Veritex Holdings Inc (NASDAQ:VBTX) registered a decrease of 18.89% in short interest. VBTX’s total short interest was 399,700 shares in March as published by FINRA. Its down 18.89% from 492,800 shares, reported previously. With 113,200 shares average volume, it will take short sellers 4 days to cover their VBTX’s short positions.

The stock increased 0.21% or $0.06 during the last trading session, reaching $28.92. About 93,846 shares traded. Veritex Holdings, Inc. (NASDAQ:VBTX) has risen 59.75% since March 14, 2017 and is uptrending. It has outperformed by 43.05% the S&P500.

Veritex Holdings, Inc. operates as the holding firm for Veritex Community Bank that provides various commercial banking services and products to small and medium-sized businesses, and professionals. The company has market cap of $697.26 million. The company??s deposit products include checking, demand, savings, money market, and time accounts, as well as commercial deposit and financial institution money market accounts. It has a 36.15 P/E ratio. The Company’s loan portfolio consists of commercial real estate and general commercial loans, residential real estate loans, and consumer loans.

Veritex Holdings, Inc. (NASDAQ:VBTX) Ratings Coverage

Among 6 analysts covering Veritex Holdings (NASDAQ:VBTX), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Veritex Holdings had 8 analyst reports since October 28, 2015 according to SRatingsIntel. Stephens maintained the stock with “Overweight” rating in Wednesday, October 28 report. The company was initiated on Tuesday, January 16 by Keefe Bruyette & Woods. Piper Jaffray maintained Veritex Holdings, Inc. (NASDAQ:VBTX) rating on Tuesday, October 24. Piper Jaffray has “Hold” rating and $29.5 target. The firm has “Buy” rating by Stephens given on Thursday, July 20. The firm has “Overweight” rating given on Thursday, February 1 by PiperJaffray.

More notable recent Veritex Holdings, Inc. (NASDAQ:VBTX) news were published by: which released: “Veritex Holdings, Inc. Receives Regulatory Approval for Sovereign Bancshares …” on July 07, 2017, also with their article: “Veritex Holdings, Inc. Completes Acquisition of Liberty Bancshares, Inc.” published on December 01, 2017, published: “Veritex Holdings, Inc. Receives Regulatory Approval for Liberty Bancshares …” on October 19, 2017. More interesting news about Veritex Holdings, Inc. (NASDAQ:VBTX) were released by: and their article: “Veritex Holdings, Inc. Announces Completion of Austin Branch Office Sales” published on January 03, 2018 as well as‘s news article titled: “Veritex Holdings, Inc. Reports Fourth Quarter and Record Year-End 2017 Results” with publication date: January 30, 2018.

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