EZCORP, Inc. (NASDAQ:EZPW) Sees Significant Decrease in Short Interest

EZCORP, Inc. (NASDAQ:EZPW) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 7,700,000 shares, a decrease of 5.4% from the August 31st total of 8,140,000 shares. Currently, 15.5% of the company’s stock are sold short. Based on an average trading volume of 472,200 shares, the short-interest ratio is presently 16.3 days.

EZCORP Stock Up 3.6 %

NASDAQ EZPW traded up $0.39 during trading hours on Monday, hitting $11.21. The company’s stock had a trading volume of 967,007 shares, compared to its average volume of 519,461. The company has a current ratio of 2.59, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The company’s 50-day simple moving average is $11.19 and its two-hundred day simple moving average is $10.74. The company has a market capitalization of $615.90 million, a PE ratio of 10.78 and a beta of 1.02. EZCORP has a 52 week low of $7.70 and a 52 week high of $12.23.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, July 31st. The credit services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The company had revenue of $281.42 million for the quarter, compared to analysts’ expectations of $281.69 million. EZCORP had a return on equity of 10.64% and a net margin of 6.87%. Research analysts anticipate that EZCORP will post 1.13 EPS for the current fiscal year.

Institutional Trading of EZCORP

Institutional investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its holdings in EZCORP by 44.4% during the second quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock worth $15,292,000 after purchasing an additional 449,360 shares during the last quarter. Boston Partners boosted its stake in shares of EZCORP by 59.5% in the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock worth $9,553,000 after buying an additional 314,435 shares during the last quarter. Wasatch Advisors LP increased its position in shares of EZCORP by 9.9% during the fourth quarter. Wasatch Advisors LP now owns 2,532,799 shares of the credit services provider’s stock valued at $22,137,000 after acquiring an additional 228,013 shares during the last quarter. American Century Companies Inc. increased its position in shares of EZCORP by 62.0% during the second quarter. American Century Companies Inc. now owns 565,636 shares of the credit services provider’s stock valued at $5,922,000 after acquiring an additional 216,480 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in EZCORP by 169.8% during the first quarter. BNP Paribas Financial Markets now owns 261,337 shares of the credit services provider’s stock worth $2,961,000 after acquiring an additional 164,489 shares during the period. Institutional investors own 99.83% of the company’s stock.

About EZCORP

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.