November 17, 2016 - By Louis Casey · 0 Comments
The stock of Tailored Brands Incorporated (NYSE:TLRD) registered an increase of 14.14% in short interest. TLRD’s total short interest was 8.51M shares in November as published by FINRA. Its up 14.14% from 7.46 million shares, reported previously. With 2.77 million shares average volume, it will take short sellers 3 days to cover their TLRD’s short positions. The short interest to Tailored Brands Incorporated’s float is 20.21%. About 236,183 shares traded hands. Tailored Brands Inc (NYSE:TLRD) has declined 3.82% since April 15, 2016 and is downtrending. It has underperformed by 8.45% the S&P500.
Tailored Brands, Inc. is a holding company of The Men’s Wearhouse, Inc. The company has a market cap of $888.29 million. The Firm is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It currently has negative earnings. It operates through two divisions: Retail and Corporate Apparel.
Out of 3 analysts covering Tailored Brands (NYSE:TLRD), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Tailored Brands has been the topic of 4 analyst reports since August 2, 2016 according to StockzIntelligence Inc. The stock of Tailored Brands Inc (NYSE:TLRD) has “Buy” rating given on Tuesday, August 2 by Wunderlich. On Thursday, September 8 the stock rating was maintained by Mizuho with “Neutral”. The rating was upgraded by Johnson Rice on Thursday, September 1 to “Accumulate”. On Friday, June 10 the stock rating was maintained by Mizuho with “Neutral”.
Tailored Brands, Inc., incorporated on October 13, 2015, is a holding firm of The Men’s Wearhouse, Inc. The Firm is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product (collectively rental product). The Firm operates through two divisions: Retail and Corporate Apparel. The Firm operates approximately 1,720 retail stores, including tuxedo shops within Macy’s department stores, with over 1,600 stores in the United States and Puerto Rico, as well as approximately 120 stores in Canada. The Company’s United States retail stores operate under Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank, Joseph Abboud and K&G brand names in over 50 states, the District of Columbia and Puerto Rico.
More notable recent Tailored Brands Inc (NYSE:TLRD) news were published by: Prnewswire.com which released: “Tailored Brands Announces Fiscal 2016 Third Quarter Earnings Release And …” on November 08, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on February 02, 2016, Marketwatch.com published: “Men’s Wearhouse to launch new holding company, Tailored Brands Inc.” on January 29, 2016. More interesting news about Tailored Brands Inc (NYSE:TLRD) were released by: Wsj.com and their article: “Tailored Brands to Close About 250 Stores” published on March 10, 2016 as well as Marketwatch.com‘s news article titled: “Tailored Brands stock suffers third worst decline on record” with publication date: June 09, 2016.
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By Louis Casey