Short Interest Coverage: Could Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Go Up After Its Newest Short Interest Report?

November 25, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Coverage: Could Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Go Up After Its Newest Short Interest Report?

The stock of Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) registered an increase of 5.77% in short interest. BBRG’s total short interest was 309,800 shares in November as published by FINRA. Its up 5.77% from 292,900 shares, reported previously. With 61,600 shares average volume, it will take short sellers 5 days to cover their BBRG’s short positions. The short interest to Bravo Brio Restaurant Group Incorporated’s float is 2.74%. About 4,290 shares traded hands. Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has declined 44.01% since April 22, 2016 and is downtrending. It has underperformed by 49.41% the S&P500.

Bravo Brio Restaurant Group, Inc. is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana and BRIO Tuscan Grille (BRIO). The company has a market cap of $63.32 million. The Firm operates approximately 120 restaurants in over 30 states. It currently has negative earnings. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

Insitutional Activity: The institutional sentiment increased to 0.7 in 2016 Q2. Its up 0.07, from 0.63 in 2016Q1. The ratio improved, as 17 funds sold all Bravo Brio Restaurant Group, Inc. shares owned while 34 reduced positions. 11 funds bought stakes while 21 increased positions. They now own 9.85 million shares or 18.69% less from 12.11 million shares in 2016Q1.
Credit Suisse Ag last reported 0% of its portfolio in the stock. Savings Bank Of America De owns 92,275 shares or 0% of their US portfolio. Schwab Charles Inv Mgmt has 0% invested in the company for 24,459 shares. Barclays Public Ltd Com last reported 0% of its portfolio in the stock. Lsv Asset Mgmt reported 284,091 shares or 0% of all its holdings. Cornerstone Management Limited Com has 25,000 shares for 0% of their US portfolio. Tiaa Cref Limited Com has 0% invested in the company for 32,600 shares. Retail Bank Of Ny Mellon Corporation accumulated 0% or 98,003 shares. The Delaware-based Blackrock Ltd Llc has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Renaissance Technologies Ltd Co holds 0% or 113,649 shares in its portfolio. Diam Ltd accumulated 10,126 shares or 0% of the stock. Spark Investment Mgmt Limited Company holds 0.08% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 107,500 shares. California Public Employees Retirement reported 85,500 shares or 0% of all its holdings. Jacobs Levy Equity Management holds 57,329 shares or 0.01% of its portfolio. Gsa Cap Limited Liability Partnership holds 118,530 shares or 0.05% of its portfolio.

Insider Transactions: Since June 9, 2016, the stock had 5 buys, and 1 insider sale for $1.61 million net activity. The insider TAC Capital LLC bought 124,228 shares worth $608,756. $8,000 worth of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) was sold by Siegler Jason D. on Thursday, June 9. GULMI JAMES S bought $7,601 worth of stock.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Out of 2 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Bravo Brio Restaurant Group Inc. has been the topic of 4 analyst reports since November 6, 2015 according to StockzIntelligence Inc. Sidoti initiated the stock with “Neutral” rating in Thursday, December 10 report. Jefferies maintained Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) on Wednesday, February 24 with “Hold” rating. As per Thursday, August 4, the company rating was maintained by Jefferies.

BBRG Company Profile

Bravo Brio Restaurant Group, Inc., incorporated on July 7, 1987, is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Firm operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement. The Firm has over 110 operating locations, owns approximately four locations, of which over 100 are located adjacent to or in lifestyle centers and shopping malls, and over 10 were free-standing units. The Company’s reward programs, called MyBRAVO Rewards and MyBRIO Rewards, are designed to reward guests for their continuous dining at its restaurants. The Company’s guests can download a MyBRAVO/MyBRIO! Rewards mobile application, register their cards at BRAVO! and BRIO locations or online at www.myBRAVOReward.com or www.myBRIOReward.com.

More important recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Prnewswire.com which released: “Jingle All the Way to BRIO Tuscan Grille this Holiday Season!” on November 22, 2016, also Seekingalpha.com published article titled: “Bravo Brio Restaurant Group: Little To No Value Here”, Seekingalpha.com published: “TAC Capital An Overlooked New Influence At Bravo Brio Restaurant Group” on October 13, 2016. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) was released by: Equitiesfocus.com and their article: “Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG): Quarterly EPS Estimate Of $0.09” with publication date: November 24, 2016.

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By Clifton Ray


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