Thryv Holdings, Inc. (NASDAQ:THRY) Short Interest Up 15.1% in January

Thryv Holdings, Inc. (NASDAQ:THRY) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 3,500,000 shares, a growth of 15.1% from the January 15th total of 3,040,000 shares. Based on an average trading volume of 501,300 shares, the short-interest ratio is currently 7.0 days.

Thryv Price Performance

Shares of THRY stock traded up $0.49 during trading hours on Friday, hitting $20.12. The stock had a trading volume of 714,913 shares, compared to its average volume of 375,461. Thryv has a one year low of $13.06 and a one year high of $26.42. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s 50-day moving average price is $16.14 and its two-hundred day moving average price is $16.63. The stock has a market capitalization of $845.84 million, a price-to-earnings ratio of -2.08 and a beta of 0.90.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Needham & Company LLC restated a “buy” rating and issued a $28.00 price objective on shares of Thryv in a research report on Wednesday, January 15th. Robert W. Baird reduced their target price on Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, November 8th.

Institutional Investors Weigh In On Thryv

Several large investors have recently made changes to their positions in THRY. The Manufacturers Life Insurance Company increased its stake in Thryv by 9.3% during the second quarter. The Manufacturers Life Insurance Company now owns 12,636 shares of the company’s stock worth $225,000 after acquiring an additional 1,078 shares during the last quarter. Riverwater Partners LLC bought a new stake in Thryv during the third quarter worth approximately $207,000. Assenagon Asset Management S.A. increased its stake in Thryv by 182.8% during the third quarter. Assenagon Asset Management S.A. now owns 220,346 shares of the company’s stock worth $3,797,000 after acquiring an additional 142,434 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Thryv by 3.8% during the third quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the company’s stock worth $284,000 after acquiring an additional 600 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in Thryv by 5.2% during the third quarter. State of Alaska Department of Revenue now owns 19,473 shares of the company’s stock worth $335,000 after acquiring an additional 960 shares during the last quarter. 96.38% of the stock is owned by institutional investors.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.