Short Interest of The Day: Will Sears Holdings Corporation (NASDAQ:SHLD) Run Out of Steam Soon? Short Interest is Up

November 16, 2016 - By Ellis Scott   ·   0 Comments

Short Interest of The Day: Will Sears Holdings Corporation (NASDAQ:SHLD) Run Out of Steam Soon? Short Interest is Up

The stock of Sears Holdings Corporation (NASDAQ:SHLD) registered an increase of 2.16% in short interest. SHLD’s total short interest was 14.61 million shares in November as published by FINRA. Its up 2.16% from 14.30M shares, reported previously. With 553,700 shares average volume, it will take short sellers 26 days to cover their SHLD’s short positions. The short interest to Sears Holdings Corporation’s float is 67.06%. The stock decreased 3.90% or $0.5 during the last trading session, hitting $12.32. Sears Holdings Corp (NASDAQ:SHLD) has declined 26.93% since April 14, 2016 and is downtrending. It has underperformed by 31.61% the S&P500.

Sears Holdings Corporation is an integrated retailer. The company has a market cap of $1.33 billion. The Firm is the parent firm of Kmart Holding Corporation and Sears, Roebuck and Co. (Sears). It currently has negative earnings. It operates through two divisions: Kmart and Sears Domestic.

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.21, from 1 in 2016Q1. The ratio worsened, as 31 funds sold all Sears Holdings Corp shares owned while 36 reduced positions. 16 funds bought stakes while 37 increased positions. They now own 72.78 million shares or 3.02% more from 70.64 million shares in 2016Q1.
Boyle Cap Mgmt Limited Company reported 16,067 shares or 0.27% of all its holdings. The Massachusetts-based Mad River Invsts has invested 2.03% in Sears Holdings Corp (NASDAQ:SHLD). Checchi Cap Advisers Lc, a California-based fund reported 106 shares. Eaton Vance Management has invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Tower Rech Capital Ltd Limited Liability Company (Trc) holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 3,551 shares. Pub Employees Retirement Association Of Colorado has invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Moreover, Blackrock Investment Mgmt Ltd Company has 0% invested in Sears Holdings Corp (NASDAQ:SHLD) for 43,910 shares. Hap Trading, a New York-based fund reported 24,427 shares. Rbs Partners Lp accumulated 29.86% or 22.34 million shares. Vanguard Grp Inc last reported 1.96 million shares in the company. State Street holds 0% or 2.28 million shares in its portfolio. Blackrock Advsr Limited Liability owns 10,872 shares or 0% of their US portfolio. Cooper Creek Prtnrs Management Limited accumulated 80,906 shares or 0.7% of the stock. Moreover, Wolverine Asset Mngmt Limited Company has 0% invested in Sears Holdings Corp (NASDAQ:SHLD) for 16,150 shares. Bancorp Of Montreal Can accumulated 0% or 179,350 shares.

Insider Transactions: Since June 3, 2016, the stock had 3 insider purchases, and 2 selling transactions for $6.94 million net activity. $32,471 worth of Sears Holdings Corp (NASDAQ:SHLD) was sold by FAIRHOLME CAPITAL MANAGEMENT LLC.

SHLD Company Profile

Sears Holdings Corporation, incorporated on November 23, 2004, is an integrated retailer. The Firm is the parent firm of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). The Firm operates through two divisions: Kmart and Sears Domestic. It also offers Shop Your Way, a member social shopping platform that offers rewards and personalized services. Shop Your Way connects all of the ways members shop-in store, at home, online and by phone. The Firm is the home appliance retailer, as well as offers tools, lawn and garden, fitness equipment, automotive repair and maintenance. The Company’s brands include Kenmore, Craftsman and DieHard. It also maintains a range of apparel and home offering, including labels, such as Jaclyn Smith, Joe Boxer, Route 66, Cannon, Ty Pennington Style and Levi’s and also offers Lands’ End merchandise in some of its Full-line stores. Additionally, it offers the Adam Levine and Nicki Minaj collections in approximately 500 Kmart stores and on shopyourway.com/kmart.com. It is also a well-known provider of home services, with over 10 million service and installation calls made annually.

More notable recent Sears Holdings Corp (NASDAQ:SHLD) news were published by: Fool.com which released: “The End Is Quickly Approaching for Sears Holdings Corp.” on September 21, 2016, also Fool.com with their article: “Sears Holding Corp CEO Eddie Lampert Swears He Isn’t Closing Kmart” published on October 09, 2016, Fool.com published: “Why Sears Holdings Corporation Stock Dropped 17% Last Month” on October 05, 2016. More interesting news about Sears Holdings Corp (NASDAQ:SHLD) were released by: Fool.com and their article: “Would Sears Holdings Corp. Have Anything of Value if Eddie Lampert Sells These …” published on June 11, 2016 as well as Fool.com‘s news article titled: “Eddie Lampert Has to Step in and Save Sears Holdings Corp … Again” with publication date: September 01, 2016.

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By Ellis Scott


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