Supreme Industries, Inc. (STS) Short Interest Up 6.5% in July

Supreme Industries, Inc. (NYSE:STS) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 464,301 shares, an increase of 6.5% from the July 14th total of 435,972 shares. Currently, 3.4% of the company’s shares are sold short. Based on an average trading volume of 99,321 shares, the days-to-cover ratio is presently 4.7 days.

A number of institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. boosted its position in Supreme Industries by 0.3% in the second quarter. Alps Advisors Inc. now owns 24,319 shares of the consumer goods maker’s stock valued at $400,000 after buying an additional 62 shares during the last quarter. Rhumbline Advisers boosted its position in Supreme Industries by 6.1% in the second quarter. Rhumbline Advisers now owns 14,657 shares of the consumer goods maker’s stock valued at $241,000 after buying an additional 840 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Supreme Industries by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 96,740 shares of the consumer goods maker’s stock valued at $1,592,000 after buying an additional 1,316 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Supreme Industries by 20.6% in the second quarter. Russell Investments Group Ltd. now owns 18,702 shares of the consumer goods maker’s stock valued at $308,000 after buying an additional 3,198 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Supreme Industries by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,048,449 shares of the consumer goods maker’s stock valued at $17,247,000 after buying an additional 3,994 shares during the last quarter.

A number of analysts recently issued reports on STS shares. ValuEngine lowered shares of Supreme Industries from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. BidaskClub upgraded shares of Supreme Industries from a “strong sell” rating to a “sell” rating in a research report on Tuesday.

Supreme Industries (NYSE:STS) opened at 20.95 on Friday. The firm has a market cap of $359.50 million and a price-to-earnings ratio of 23.67. The firm has a 50 day moving average of $16.27 and a 200-day moving average of $18.23. Supreme Industries has a one year low of $11.03 and a one year high of $22.00.

Supreme Industries (NYSE:STS) last released its earnings results on Monday, July 31st. The consumer goods maker reported $0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by $0.08. The company had revenue of $95.50 million for the quarter, compared to analyst estimates of $113.06 million. Supreme Industries had a net margin of 2.71% and a return on equity of 7.31%. Supreme Industries’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.48 earnings per share. Equities research analysts forecast that Supreme Industries will post $1.15 EPS for the current fiscal year.

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Supreme Industries Company Profile

Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.

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