Short Interest in Resolute Holdings Management, Inc. (NYSE:RHLD) Expands By 29.0%

Resolute Holdings Management, Inc. (NYSE:RHLD) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 396,508 shares, an increase of 29.0% from the December 31st total of 307,402 shares. Approximately 9.5% of the shares of the company are short sold. Based on an average daily trading volume, of 149,500 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 149,500 shares, the days-to-cover ratio is currently 2.7 days. Approximately 9.5% of the shares of the company are short sold.

Resolute Holdings Management Trading Down 1.4%

Shares of RHLD stock traded down $2.92 on Monday, reaching $201.04. 235,107 shares of the company were exchanged, compared to its average volume of 135,314. Resolute Holdings Management has a 1 year low of $22.75 and a 1 year high of $236.19. The company has a quick ratio of 3.05, a current ratio of 3.67 and a debt-to-equity ratio of 4.17. The business has a 50-day moving average price of $202.88 and a 200 day moving average price of $124.41.

Resolute Holdings Management (NYSE:RHLD) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.13 earnings per share (EPS) for the quarter. Resolute Holdings Management had a negative return on equity of 646.55% and a net margin of 23.82%.The company had revenue of $120.87 million for the quarter.

Insiders Place Their Bets

In other Resolute Holdings Management news, CFO Kurt Schoen bought 1,000 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were purchased at an average cost of $164.95 per share, for a total transaction of $164,950.00. Following the transaction, the chief financial officer directly owned 1,000 shares of the company’s stock, valued at approximately $164,950. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Timothy O. Mahoney purchased 5,939 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was acquired at an average price of $168.52 per share, with a total value of $1,000,840.28. Following the purchase, the director owned 5,939 shares in the company, valued at $1,000,840.28. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 11,107 shares of company stock valued at $1,800,036 in the last ninety days. 50.80% of the stock is owned by corporate insiders.

Institutional Trading of Resolute Holdings Management

A number of institutional investors have recently made changes to their positions in the company. Truist Financial Corp acquired a new position in Resolute Holdings Management in the 4th quarter valued at $6,140,000. UBS Group AG acquired a new stake in Resolute Holdings Management during the 4th quarter worth $28,228,000. Vanguard Group Inc. purchased a new stake in shares of Resolute Holdings Management during the fourth quarter worth $47,149,000. SG Americas Securities LLC acquired a new stake in shares of Resolute Holdings Management in the fourth quarter valued at about $267,000. Finally, Huntleigh Advisors Inc. acquired a new stake in shares of Resolute Holdings Management in the fourth quarter valued at about $801,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About Resolute Holdings Management

Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.