Short Interest in Octave Intelligence plc (NASDAQ:OCTV) Decreases By 57.0%

Octave Intelligence plc (NASDAQ:OCTV) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 777,489 shares, a decrease of 57.0% from the May 31st total of 1,810,146 shares. Based on an average daily volume of 2,280,080 shares, the short-interest ratio is presently 0.3 days.

Octave Intelligence Stock Performance

Shares of NASDAQ:OCTV opened at $16.05 on Monday. Octave Intelligence has a 12 month low of $15.61 and a 12 month high of $30.00.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays began coverage on Octave Intelligence in a research note on Thursday, June 18th. They issued an “equal weight” rating and a $18.00 price target for the company. BNP Paribas Exane started coverage on Octave Intelligence in a research note on Tuesday, June 2nd. They set an “outperform” rating and a $25.00 price objective on the stock. Royal Bank Of Canada assumed coverage on Octave Intelligence in a report on Tuesday, June 2nd. They issued a “sector perform” rating and a $21.00 price objective for the company. Evercore started coverage on Octave Intelligence in a research report on Friday, June 12th. They set an “in-line” rating and a $20.00 target price for the company. Finally, Guggenheim began coverage on Octave Intelligence in a report on Thursday, May 28th. They set a “buy” rating and a $30.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Octave Intelligence has a consensus rating of “Hold” and a consensus target price of $21.83.