November 18, 2016 - By Ellis Scott · 0 Comments
The stock of Tuesday Morning Corporation (NASDAQ:TUES) registered a decrease of 1.69% in short interest. TUES’s total short interest was 3.52 million shares in November as published by FINRA. Its down 1.69% from 3.58 million shares, reported previously. With 193,900 shares average volume, it will take short sellers 18 days to cover their TUES’s short positions. The short interest to Tuesday Morning Corporation’s float is 8.41%. About 12,623 shares traded hands. Tuesday Morning Corporation (NASDAQ:TUES) has declined 37.05% since April 18, 2016 and is downtrending. It has underperformed by 41.48% the S&P500.
Tuesday Morning Corporation is an off-price retailer. The company has a market cap of $225.69 million. The Firm specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. It has a 215.75 P/E ratio. The Firm operated 751 stores in 40 states in the United States, as of June 30, 2016.
Insitutional Activity: The institutional sentiment increased to 1.14 in Q2 2016. Its up 0.02, from 1.12 in 2016Q1. The ratio is positive, as 9 funds sold all Tuesday Morning Corporation shares owned while 34 reduced positions. 11 funds bought stakes while 37 increased positions. They now own 40.96 million shares or 1.14% more from 40.50 million shares in 2016Q1.
California State Teachers Retirement System holds 94,134 shares or 0% of its portfolio. Stoneridge Invest Partners Ltd Com holds 0.03% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES) for 33,354 shares. Wcm Mngmt Ca holds 0.07% or 589,090 shares in its portfolio. Price T Rowe Associate Md accumulated 7.42M shares or 0.01% of the stock. Blackrock Inv Management Ltd Liability Com, a New Jersey-based fund reported 212,654 shares. Manufacturers Life Insur The accumulated 0% or 32,785 shares. Ameriprise Fincl Inc owns 215,536 shares or 0% of their US portfolio. Bnp Paribas Arbitrage Sa holds 13,912 shares or 0% of its portfolio. Blackrock Fund Advsrs last reported 3.01 million shares in the company. Ls Advsrs Ltd holds 0% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES) for 1,470 shares. Natl Bank Of Montreal Can has 0% invested in the company for 1,568 shares. Tradewinds Cap Mngmt Ltd Liability Company has 0% invested in the company for 400 shares. Moreover, Qs has 0% invested in Tuesday Morning Corporation (NASDAQ:TUES) for 47 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 675 shares or 0% of the stock. Rhumbline Advisers has 0% invested in the company for 61,847 shares.
Insider Transactions: Since September 6, 2016, the stock had 1 buy, and 1 insider sale for $175,106 net activity. Becker Steven R bought $179,416 worth of stock. Hixon Phillip D. had sold 657 shares worth $4,310.
Out of 2 analysts covering Tuesday Morning (NASDAQ:TUES), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Tuesday Morning has been the topic of 5 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The rating was upgraded by Zacks to “Hold” on Friday, August 21. Stifel Nicolaus upgraded Tuesday Morning Corporation (NASDAQ:TUES) rating on Monday, August 24. Stifel Nicolaus has “Buy” rating and $9 price target. The firm has “Neutral” rating by B. Riley & Co given on Tuesday, January 26. On Wednesday, August 26 the stock rating was downgraded by Zacks to “Buy”. The stock has “Buy” rating given by Stifel Nicolaus on Monday, May 2.
Tuesday Morning Corporation, incorporated on August 26, 1991, is an off-price retailer. The Firm specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Firm operated 751 stores in 40 states in the United States, as of June 30, 2016.
Another recent and important Tuesday Morning Corporation (NASDAQ:TUES) news was published by Globenewswire.com which published an article titled: “Tuesday Morning Corporation Announces First Quarter Fiscal 2017 Results” on October 27, 2016.
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By Ellis Scott