(NASDAQ:JSM) shares saw heavy trading volume with 30K shares changing hands on Tuesday. Trading volume was up 145.88% over the stocks average daily volume.
Short traders are more bearish on SLM Cp 6% Sr Nt recently if you evaluate the motion in short interest. The firm experienced a rise in short interest of 41.43% as of the latest report on October 13, 2017. Short shares increased from 13,581 to 19,208 over that period. The short-interest ratio decreased to 1.0 and the short interest percentage is 0.00% as of October 13.
These firms have modified their investment in JSM. Point View Wealth Management, Inc. downsized its stake by selling 1,551 shares a decrease of 10.7% as of 09/30/2017. Point View Wealth Management, Inc. claims 12,903 shares worth $309,000. The total value of its holdings decreased 10.4%.
The company is trading unchanged by 0.00% since yesterday’s close of 24.21. SLM Cp 6% Sr Nt currently has a P/E ratio of N/A and the market cap of the company is 266.31M.
Navient Corporation, launched on November 7, 2013, provides asset management and business processing services to education, healthcare and government clients at the federal, state and local levels. The Company holds the portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program (FFELP). The Company operates through four segments: FFELP Loans, Private Education Loans, Business Services and Other. It also holds the portfolio of Private Education Loans. The Company services its own portfolio of education loans, as well as education loans owned by the United States Department of Education (ED), financial institutions and nonprofit education lenders. The Company also provides business processing services to education-related clients, such as guaranty agencies and colleges and universities. It provides additional business processing services to a range of other clients, including federal agencies, state and local governments, regional authorities, courts, hospitals, healthcare systems and other healthcare providers, financial service providers and municipalities. As of December 31, 2016, the Business’s principal assets consisted of $87.7 billion in FFELP Loans, with a net interest margin of 0.85% for the year ended December 31, 2016 and a weighted average life of 7.1 years; $23.3 billion in Private Education Loans, with a net interest margin of 3.41% for the year ended December 31, 2016 and a weighted average life of 6.4 years; an education loan servicing platform that services loans for Direct Student Loan Program (DSLP) Loan, FFELP Loan and Private Education Loan customers (including cosigners), and a business processing platform, through which it provides services for clients in the education, healthcare and public sectors..