Short Interest to Follow: Amplify Snack Brands Incorporated (NYSE:BETR) Can’t Be More Risky. Short Interest Increased

November 25, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest to Follow: Amplify Snack Brands Incorporated (NYSE:BETR) Can't Be More Risky. Short Interest Increased

The stock of Amplify Snack Brands Incorporated (NYSE:BETR) registered an increase of 18.41% in short interest. BETR’s total short interest was 9.86 million shares in November as published by FINRA. Its up 18.41% from 8.32 million shares, reported previously. With 510,200 shares average volume, it will take short sellers 19 days to cover their BETR’s short positions. The short interest to Amplify Snack Brands Incorporated’s float is 37.34%. About 266,123 shares traded hands. Amplify Snack Brands Inc (NYSE:BETR) has declined 34.53% since April 22, 2016 and is downtrending. It has underperformed by 39.94% the S&P500.

Amplify Snack Brands, Inc. is a snack food company. The company has a market cap of $737.87 million. The Firm and its subsidiaries are focused on developing and marketing products that appeal to consumers’ preference for Better-For-You snacks. It has a 30.86 P/E ratio. The Company’s BFY-focused snacking platform consists of two brands: SkinnyPop and Paqui.

Amplify Snack Brands Inc (NYSE:BETR) Ratings Coverage

Out of 7 analysts covering Amplify Snack Brands Inc (NYSE:BETR), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Amplify Snack Brands Inc has been the topic of 10 analyst reports since August 31, 2015 according to StockzIntelligence Inc. The stock of Amplify Snack Brands Inc (NYSE:BETR) has “Neutral” rating given on Friday, October 14 by Goldman Sachs. On Monday, August 31 the stock rating was initiated by William Blair with “Outperform”. The stock of Amplify Snack Brands Inc (NYSE:BETR) has “Buy” rating given on Monday, August 31 by Jefferies. Credit Suisse initiated it with “Neutral” rating and $13.0 target price in Tuesday, September 1 report. The stock of Amplify Snack Brands Inc (NYSE:BETR) earned “Buy” rating by Jefferies on Wednesday, December 16. SunTrust initiated it with “Buy” rating and $18 target price in Monday, August 31 report. As per Monday, August 31, the company rating was initiated by Goldman Sachs. The company was initiated on Monday, August 31 by Piper Jaffray. The firm has “Buy” rating by Suntrust Robinson given on Monday, August 31. Credit Suisse upgraded the stock to “Outperform” rating in Monday, November 9 report.

BETR Company Profile

Amplify Snack Brands, Inc., incorporated on July 2, 2015, is a snack food company. The Firm and its subsidiaries are focused on developing and marketing products that appeal to consumers’ preference for Better-For-You (BFY) snacks. The Company’s BFY-focused snacking platform consists of two brands: SkinnyPop and Paqui. The Company’s anchor brand, SkinnyPop, is a BFY ready-to-eat (RTE) popcorn brand. SkinnyPop has a customer base across a range of food distribution channels in the United States. SkinnyPop is cooked with approximately three core ingredients, such as popcorn, sunflower oil and salt. The SkinnyPop portfolio comprises approximately seven flavors, including Original, White Cheddar flavor, Black Pepper and Sea Salt, Naturally Sweet, Dusted Dark Chocolate flavor, Jalapeno and Hatch Chile, a seasonal offering. The Firm offers its products in a range of bag sizes and pack types, which are sold across all channels. Additionally, its SkinnyPop products are gluten-free.

More notable recent Amplify Snack Brands Inc (NYSE:BETR) news were published by: Fool.com which released: “Why Amplify Snack Brands Inc. Stock Plunged Today” on November 15, 2016, also Wsj.com with their article: “SkinnyPop Maker Amplify Snack Brands to Buy Tyrrells” published on August 08, 2016, Prnewswire.com published: “Amplify Snack Brands, Inc. Welcomes Boundless Nutrition To Its Growing Better …” on May 03, 2016. More interesting news about Amplify Snack Brands Inc (NYSE:BETR) were released by: Businesswire.com and their article: “Amplify Snack Brands Completes Strategic Acquisition of Tyrrells and its …” published on September 02, 2016 as well as Fool.com‘s news article titled: “Why Shares of Amplify Snack Brands, Inc. Popped Today” with publication date: May 20, 2016.

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By Marguerite Chambers


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