Today’s Shorts Alert: Could Vera Bradley Incorporated (NASDAQ:VRA) See a Reversal After More Sellers Came In?

November 21, 2016 - By Marguerite Chambers   ·   0 Comments

Today's Shorts Alert: Could Vera Bradley Incorporated (NASDAQ:VRA) See a Reversal After More Sellers Came In?

The stock of Vera Bradley Incorporated (NASDAQ:VRA) registered an increase of 16.82% in short interest. VRA’s total short interest was 3.84M shares in November as published by FINRA. Its up 16.82% from 3.29M shares, reported previously. With 396,600 shares average volume, it will take short sellers 10 days to cover their VRA’s short positions. The short interest to Vera Bradley Incorporated’s float is 20.59%. The stock decreased 0.71% or $0.11 on November 18, hitting $15.29. Vera Bradley, Inc. (NASDAQ:VRA) has declined 12.18% since April 19, 2016 and is downtrending. It has underperformed by 16.04% the S&P500.

Vera Bradley, Inc. is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The company has a market cap of $566.06 million. The Company’s divisions include Direct and Indirect. It has a 17.31 P/E ratio. It offers an assortment of products, including bags, such as purses, totes and backpacks; accessories, such as wallets, wristlets, phone cases and technology accessories; travel and travel accessories, such as weekend bags, duffel bags and cosmetic bags, and home, such as mugs, tumblers and textiles, including aprons, beach towels, throw blankets and comforters.

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.33, from 1.22 in 2016Q1. The ratio dropped, as 28 funds sold all Vera Bradley, Inc. shares owned while 30 reduced positions. 32 funds bought stakes while 39 increased positions. They now own 19.78 million shares or 7.53% less from 21.39 million shares in 2016Q1.
Acadian Asset Ltd Llc has 0.03% invested in the company for 362,824 shares. The Arizona-based Arizona State Retirement has invested 0% in Vera Bradley, Inc. (NASDAQ:VRA). Art Advsrs Limited Com accumulated 100,795 shares or 0.07% of the stock. Tudor Invest Et Al last reported 0% of its portfolio in the stock. Renaissance Technology Limited Liability Corp has invested 0.04% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA). Public Sector Pension Invest Board owns 14,500 shares or 0% of their US portfolio. The Illinois-based Spot Trading Ltd Liability Com has invested 0% in Vera Bradley, Inc. (NASDAQ:VRA). Cornerstone Capital Ltd Limited Liability Company holds 0% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA) for 42,100 shares. Invesco Limited holds 0% or 159,001 shares in its portfolio. Pinebridge Invests Limited Partnership holds 2,505 shares or 0% of its portfolio. Tower Rech Capital Ltd Llc (Trc) holds 0.01% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA) for 5,239 shares. Monarch Capital Mgmt holds 0.45% of its portfolio in Vera Bradley, Inc. (NASDAQ:VRA) for 86,133 shares. Ptnrs Ltd has 69,578 shares for 0.08% of their US portfolio. Jpmorgan Chase Co owns 28,676 shares or 0% of their US portfolio. Northern Corp owns 295,251 shares or 0% of their US portfolio.

Vera Bradley, Inc. (NASDAQ:VRA) Ratings Coverage

Out of 7 analysts covering Vera Bradley (NASDAQ:VRA), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. Vera Bradley has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Thursday, October 6, the company rating was downgraded by KeyBanc Capital Markets. Standpoint Research upgraded Vera Bradley, Inc. (NASDAQ:VRA) on Monday, January 18 to “Buy” rating. On Thursday, August 11 the stock rating was maintained by Wunderlich with “Buy”. The stock has “Buy” rating given by Standpoint Research on Wednesday, December 9. The firm earned “Market Perform” rating on Thursday, December 10 by Telsey Advisory Group. The rating was upgraded by Wunderlich on Thursday, March 24 to “Buy”. The firm has “Market Perform” rating by Cowen & Co given on Monday, April 25. The firm has “Market Perform” rating given on Thursday, September 3 by Telsey Advisory Group. The stock of Vera Bradley, Inc. (NASDAQ:VRA) earned “Buy” rating by Standpoint Research on Friday, January 15. The firm has “Underperform” rating given on Thursday, September 3 by Cowen & Co.

VRA Company Profile

Vera Bradley, Inc., incorporated on June 23, 2010, is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Firm sells its products through two business divisions: Direct and Indirect. The Firm offers an assortment of products that meet its customers’ different functional needs, including bags, such as purses, totes and backpacks; accessories, such as wallets, wristlets, phone cases and technology accessories; travel and travel accessories, such as weekend bags, duffel bags and cosmetic bags, and home, such as mugs, tumblers and textiles, including aprons, beach towels, throw blankets and comforters.

More notable recent Vera Bradley, Inc. (NASDAQ:VRA) news were published by: Wsj.com which released: “Vera Bradley Reveals Payment-Card Hack at Retail Stores” on October 12, 2016, also Fool.com with their article: “Will Vera Bradley Inc. Sink or Swim in 2016?” published on March 16, 2016, Fool.com published: “Why Did Vera Bradley Inc. Shares Drop Nearly 13% in May?” on June 06, 2016. More interesting news about Vera Bradley, Inc. (NASDAQ:VRA) were released by: Wsj.com and their article: “Vera Bradley Lowers Guidance as Sales Still Struggle” published on September 01, 2016 as well as Fool.com‘s news article titled: “Can Vera Bradley, Inc. Bounce Back After Last Week’s 15% Drop?” with publication date: April 10, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marguerite Chambers


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>