McGraw Hill, Inc. (NYSE:MH) Short Interest Up 179.6% in September

McGraw Hill, Inc. (NYSE:MH) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,020,000 shares, an increase of 179.6% from the September 15th total of 1,080,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 2.7 days. Approximately 12.1% of the shares of the stock are short sold. Approximately 12.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 2.7 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Macquarie reiterated an “outperform” rating and set a $19.00 price target on shares of McGraw Hill in a research report on Friday. Zacks Research upgraded McGraw Hill to a “hold” rating in a research report on Tuesday, August 19th. UBS Group initiated coverage on shares of McGraw Hill in a research report on Monday, August 18th. They issued a “neutral” rating and a $15.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of McGraw Hill in a research report on Monday, August 18th. They issued an “overweight” rating and a $21.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of McGraw Hill in a research report on Monday, August 18th. They issued a “buy” rating and a $18.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $20.97.

McGraw Hill Trading Up 0.4%

Shares of NYSE MH opened at $12.52 on Friday. McGraw Hill has a one year low of $11.17 and a one year high of $17.25. The company’s 50 day simple moving average is $13.75.

McGraw Hill Company Profile

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.