What’s a smart World Acceptance Corp. (NASDAQ:WRLD) investor to do?
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Thus, it’s important to study the latest info for World Acceptance Corp. (NASDAQ:WRLD).
How are hedge funds trading World Acceptance Corp. (NASDAQ:WRLD)?
At Q2’s end, a total of 13 of the hedge funds we track were long in this stock, a change of 86% from the first quarter. With the smart money’s sentiment swirling, there exists an “upper tier” of key hedge fund managers who were boosting their holdings meaningfully.
With a general bullishness amongst the titans, specific money managers have jumped into World Acceptance Corp. (NASDAQ:WRLD) headfirst. Arrowstreet Capital, managed by Peter Rathjens, Bruce Clarke and John Campbell, assembled the most outsized position in World Acceptance Corp. (NASDAQ:WRLD). Arrowstreet Capital had 4.5 million invested in the company at the end of the quarter. Matthew Hulsizer’s PEAK6 Capital Management also made a $4 million investment in the stock during the quarter. The other funds with brand new WRLD positions are Jim Simons’s Renaissance Technologies, Edward Goodnow’s Goodnow Investment Group, and Cliff Asness’s AQR Capital Management.
How are insiders trading World Acceptance Corp. (NASDAQ:WRLD)?
Insider buying is at its handiest when the company in focus has seen transactions within the past 180 days. Over the latest half-year time frame, World Acceptance Corp. (NASDAQ:WRLD) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).
We’ll also review the relationship between both of these indicators in other stocks similar to World Acceptance Corp. (NASDAQ:WRLD). These stocks are First Cash Financial Services, Inc. (NASDAQ:FCFS), DFC Global Corp (NASDAQ:DLLR), Nelnet, Inc. (NYSE:NNI), Cash America International, Inc. (NYSE:CSH), and PHH Corporation (NYSE:PHH). This group of stocks are in the credit services industry and their market caps match WRLD’s market cap.
