Short Interest in Heidrick & Struggles International, Inc. (NASDAQ:HSII) Decreases By 9.2%

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 407,000 shares, a decrease of 9.2% from the January 15th total of 448,100 shares. Based on an average trading volume of 139,400 shares, the short-interest ratio is currently 2.9 days.

Heidrick & Struggles International Trading Down 3.9 %

NASDAQ:HSII traded down $1.74 during trading hours on Tuesday, reaching $43.31. 182,333 shares of the company were exchanged, compared to its average volume of 106,408. The stock’s 50-day moving average is $45.14 and its 200-day moving average is $41.84. The firm has a market cap of $884.04 million, a PE ratio of 23.41, a price-to-earnings-growth ratio of 0.99 and a beta of 0.87. Heidrick & Struggles International has a twelve month low of $28.51 and a twelve month high of $49.02.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HSII shares. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Barrington Research boosted their target price on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Finally, Truist Financial reiterated a “hold” rating and issued a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Institutional Investors Weigh In On Heidrick & Struggles International

A number of hedge funds have recently modified their holdings of HSII. Creative Planning acquired a new stake in shares of Heidrick & Struggles International in the third quarter valued at about $318,000. Everence Capital Management Inc. acquired a new stake in shares of Heidrick & Struggles International in the third quarter valued at about $245,000. Assenagon Asset Management S.A. raised its position in shares of Heidrick & Struggles International by 29.5% in the third quarter. Assenagon Asset Management S.A. now owns 73,432 shares of the business services provider’s stock valued at $2,854,000 after buying an additional 16,748 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Heidrick & Struggles International by 55.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider’s stock valued at $4,602,000 after purchasing an additional 42,195 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Heidrick & Struggles International by 8.6% in the third quarter. Principal Financial Group Inc. now owns 108,485 shares of the business services provider’s stock valued at $4,216,000 after purchasing an additional 8,617 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.