JMP Group LLC (NYSE:JMP) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 6,900 shares, an increase of 11.3% from the May 30th total of 6,200 shares. Based on an average daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Shares of JMP Group stock remained flat at $$3.89 on Monday. The company had a trading volume of 8,300 shares, compared to its average volume of 26,368. The company has a current ratio of 4.78, a quick ratio of 4.77 and a debt-to-equity ratio of 1.28. JMP Group has a 1 year low of $3.71 and a 1 year high of $5.72. The firm’s 50-day moving average price is $3.93. The stock has a market capitalization of $82.08 million, a price-to-earnings ratio of 13.89, a P/E/G ratio of 1.18 and a beta of 0.84.

JMP Group (NYSE:JMP) last announced its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.13. JMP Group had a return on equity of 9.65% and a net margin of 2.32%. The firm had revenue of $27.17 million during the quarter, compared to analyst estimates of $25.33 million. Equities analysts anticipate that JMP Group will post 0.33 earnings per share for the current year.

Several brokerages have recently issued reports on JMP. ValuEngine raised Yirendai from a “strong sell” rating to a “sell” rating in a report on Friday, May 3rd. Zacks Investment Research raised DLH from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th.

In related news, CEO Joseph A. Jolson acquired 7,506 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was acquired at an average price of $3.98 per share, with a total value of $29,873.88. Following the acquisition, the chief executive officer now directly owns 77,026 shares in the company, valued at approximately $306,563.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders bought 9,806 shares of company stock valued at $39,028. Insiders own 54.86% of the company’s stock.

An institutional investor recently bought a new position in JMP Group stock. Wetherby Asset Management Inc. purchased a new stake in JMP Group LLC (NYSE:JMP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 84,968 shares of the financial services provider’s stock, valued at approximately $319,000. Wetherby Asset Management Inc. owned approximately 0.40% of JMP Group as of its most recent SEC filing. Hedge funds and other institutional investors own 13.53% of the company’s stock.

JMP Group Company Profile

JMP Group LLC, together with its subsidiaries, provides investment banking, sales and trading, equity research, and asset management products and services in the United States. The company operates through three segments: Broker-Dealer, Asset Management, and Corporate. The Broker-Dealer segment offers various services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions; and financial advisory services in mergers and acquisitions, restructuring, and other strategic transactions.

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