What Will Happen to Blucora Inc (NASDAQ:BCOR) Next? The Stock Has Decline in Shorts

Blucora, Inc. (NASDAQ:BCOR) Logo

The stock of Blucora Inc (NASDAQ:BCOR) registered a decrease of 11.69% in short interest. BCOR’s total short interest was 844,800 shares in December as published by FINRA. Its down 11.69% from 956,600 shares, reported previously. With 252,900 shares average volume, it will take short sellers 3 days to cover their BCOR’s short positions. The short interest to Blucora Inc’s float is 1.97%.

The stock decreased 1.90% or $0.58 during the last trading session, reaching $29.93. About 18,889 shares traded. Blucora, Inc. (NASDAQ:BCOR) has risen 51.50% since December 6, 2017 and is uptrending. It has outperformed by 35.88% the S&P500.

Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company has market cap of $1.44 billion. The firm operates through two divisions, Wealth Management and Tax Preparation. It has a 20.07 P/E ratio. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

Blucora, Inc. (NASDAQ:BCOR) Ratings Coverage

Among 2 analysts covering Blucora (NASDAQ:BCOR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Blucora had 3 analyst reports since June 7, 2018 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, September 28 by JP Morgan. The company was maintained on Thursday, June 7 by Craig Hallum.

More notable recent Blucora, Inc. (NASDAQ:BCOR) news were published by: Globenewswire.com which released: “Blucora Announces First Quarter 2018 Results Nasdaq:BCOR – GlobeNewswire” on May 09, 2018, also Globenewswire.com with their article: “Blucora Announces New Chief Human Resources Officer – GlobeNewswire” published on October 15, 2018, Globenewswire.com published: “Blucora Reports Fourth Quarter and Full Year 2017 Results – GlobeNewswire” on February 15, 2018. More interesting news about Blucora, Inc. (NASDAQ:BCOR) were released by: Globenewswire.com and their article: “Blucora Announces New Management Team Members Nasdaq:BCOR – GlobeNewswire” published on October 31, 2018 as well as Seekingalpha.com‘s news article titled: “Blucora, Inc. (BCOR) CEO John Clendening on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: October 31, 2018.

Blucora, Inc. (NASDAQ:BCOR) Institutional Positions Chart

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