ITG Inc. (NASDAQ:ITG) Short Interest Up ? in July

ITG Inc. (NASDAQ:ITG) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 437,461 shares, a growth of ? from the June 30th total of 0 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 1,033,993 shares, the short-interest ratio is presently 0.4 days.

Key Stories Impacting ITG

Here are the key news stories impacting ITG this week:

• Positive Sentiment: New automated market-making engagement: Valhalla engaged Independent Trading Group for automated market-making services. The agreement could support ITG’s trading-services revenue and broaden its client base. Valhalla Engages Independent Trading Group for Automated Market Making Services
• Positive Sentiment: KeyCorp maintained a Strong-Buy view: The firm projected earnings of $0.11 per share for Q2 2026, $0.24 for Q3, and $0.16 for Q4. It expects full-year 2026 EPS of $0.50 and 2027 EPS of $0.91, signaling anticipated earnings growth. KeyCorp ITG Research Estimates
• Neutral Sentiment: Broad sell-side attention increased: Robert W. Baird, UBS Group, Stifel Nicolaus, Truist Financial, Vertical Research, and Bank of America recently initiated or announced research coverage of ITG. The expanded analyst coverage may improve institutional visibility, but no ratings or price targets were provided in the available reports. Baird Initiates ITG Coverage UBS Initiates ITG Coverage
• Neutral Sentiment: Zacks upgraded ITG to Hold: The move represents an improvement from a more bearish prior rating, but “Hold” indicates that Zacks does not currently see a strong catalyst for significant near-term outperformance. Zacks ITG Research

Analyst Ratings Changes

ITG has been the topic of several research reports. KeyCorp started coverage on shares of ITG in a report on Monday. They issued an “overweight” rating and a $17.00 target price on the stock. Citigroup assumed coverage on shares of ITG in a research note on Monday. They set a “buy” rating and a $17.00 target price for the company. Bank of America assumed coverage on ITG in a report on Monday. They set a “buy” rating and a $16.00 price target on the stock. Truist Financial initiated coverage on ITG in a research note on Monday. They issued a “buy” rating and a $16.00 price target on the stock. Finally, Morgan Stanley assumed coverage on ITG in a report on Monday. They issued an “overweight” rating and a $19.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, ITG presently has a consensus rating of “Buy” and an average price target of $17.56.

ITG Stock Up 7.2%

Shares of NASDAQ:ITG traded up $0.86 during trading on Thursday, hitting $12.84. The company’s stock had a trading volume of 718,006 shares, compared to its average volume of 597,945. ITG has a 12 month low of $10.37 and a 12 month high of $19.26. The stock has a market capitalization of $1.56 billion, a PE ratio of -699.00 and a beta of 0.69.

ITG Company Profile

ITG, Inc was a financial services company best known for its institutional brokerage and trading services. The firm provided execution, electronic trading, and related brokerage solutions designed to help asset managers and other institutional investors trade securities more efficiently.

The company also offered portfolio trading, agency trading, and workflow tools that supported the investment process from order generation through execution. Over time, ITG developed technology-enabled services aimed at improving trading performance, transparency, and access to liquidity across equity markets.

ITG served institutional clients in the United States and other major financial markets.