The Simply Good Foods Company (SMPL) Short Interest Up 52.0% in October

The Simply Good Foods Company (NASDAQ:SMPL) was the target of a significant growth in short interest during the month of October. As of October 13th, there was short interest totalling 1,075,768 shares, a growth of 52.0% from the September 29th total of 707,886 shares. Based on an average trading volume of 262,679 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.1% of the company’s stock are sold short.

Separately, Goldman Sachs Group, Inc. (The) began coverage on shares of The Simply Good Foods in a research note on Wednesday, October 4th. They issued a “buy” rating and a $16.00 price target on the stock.

The Simply Good Foods (NASDAQ SMPL) opened at 11.36 on Monday. The firm’s market capitalization is $134.65 million. The stock has a 50 day moving average of $11.81 and a 200-day moving average of $11.86. The Simply Good Foods has a 1-year low of $10.20 and a 1-year high of $13.06.

An institutional investor recently bought a new position in The Simply Good Foods stock. Nationwide Fund Advisors acquired a new position in shares of The Simply Good Foods Company (NASDAQ:SMPL) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 41,640 shares of the financial services provider’s stock, valued at approximately $488,000. Nationwide Fund Advisors owned 0.35% of The Simply Good Foods as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.

WARNING: “The Simply Good Foods Company (SMPL) Short Interest Up 52.0% in October” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.com-unik.info/2017/10/30/the-simply-good-foods-company-smpl-short-interest-up-52-0-in-october.html.

The Simply Good Foods Company Profile

The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.

What are top analysts saying about The Simply Good Foods Company? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for The Simply Good Foods Company and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit