Willis Lease Finance Co. (NASDAQ:WLFC) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 33,800 shares, a growth of 13.0% from the June 30th total of 29,900 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.1% of the company’s shares are short sold.
NASDAQ WLFC opened at $19.50 on Friday. Willis Lease Finance has a 12 month low of $14.11 and a 12 month high of $74.46. The company has a current ratio of 5.45, a quick ratio of 4.86 and a debt-to-equity ratio of 4.61. The company has a market capitalization of $128.90 million, a PE ratio of 2.53 and a beta of 0.82. The stock has a 50-day simple moving average of $22.83 and a 200 day simple moving average of $32.52.
Willis Lease Finance (NASDAQ:WLFC) last posted its earnings results on Tuesday, May 5th. The transportation company reported $0.56 earnings per share (EPS) for the quarter. Willis Lease Finance had a return on equity of 14.70% and a net margin of 13.01%. The firm had revenue of $81.61 million during the quarter.
A number of large investors have recently bought and sold shares of the business. Strs Ohio grew its stake in Willis Lease Finance by 9.4% in the second quarter. Strs Ohio now owns 10,500 shares of the transportation company’s stock valued at $254,000 after acquiring an additional 900 shares during the period. Denali Advisors LLC grew its stake in Willis Lease Finance by 13.8% in the second quarter. Denali Advisors LLC now owns 3,950 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 480 shares during the period. Tredje AP fonden grew its stake in Willis Lease Finance by 19.7% in the first quarter. Tredje AP fonden now owns 9,407 shares of the transportation company’s stock valued at $1,598,000 after acquiring an additional 1,549 shares during the period. Wells Fargo & Company MN grew its stake in Willis Lease Finance by 19.1% in the first quarter. Wells Fargo & Company MN now owns 8,711 shares of the transportation company’s stock valued at $232,000 after acquiring an additional 1,396 shares during the period. Finally, M3F Inc. grew its stake in Willis Lease Finance by 45.6% in the first quarter. M3F Inc. now owns 128,648 shares of the transportation company’s stock valued at $3,422,000 after acquiring an additional 40,282 shares during the period. 36.18% of the stock is owned by hedge funds and other institutional investors.
Willis Lease Finance Company Profile
Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. It also purchases and resells commercial aircraft engines; and sells aircraft engine parts and materials.
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