Follow The Short Interest: A Reversal for CACHE INCORPORATED (OTCMKTS:CACH) Is Not Near. The Stock Has Rise in Shorts

November 28, 2016 - By Richard Conner   ·   0 Comments

Follow The Short Interest: A Reversal for CACHE INCORPORATED (OTCMKTS:CACH) Is Not Near. The Stock Has Rise in Shorts

The stock of CACHE INCORPORATED (OTCMKTS:CACH) registered an increase of 35.18% in short interest. CACH’s total short interest was 48,800 shares in November as published by FINRA. Its up 35.18% from 36,100 shares, reported previously. With 324,900 shares average volume, it will take short sellers 0 days to cover their CACH’s short positions. About 937 shares traded hands. Cache Inc (OTCMKTS:CACH) has risen 163.75% since April 29, 2016 and is uptrending. It has outperformed by 157.74% the S&P500.

Cache, Inc. is a nationwide, mall and Web based specialty retailer of lifestyle sportswear and dresses targeting style-conscious women. The company has a market cap of $77,595. The Company’s merchandise offerings extend from eveningwear to casual and daytime sportswear, which encompasses a range of tops, bottoms, dresses and accessories, all of which are sold under its Cache brand. It currently has negative earnings. As of December 31, 2011, the Company operated 279 stores, primarily situated in central locations in high traffic, upscale malls, in 43 states, Puerto Rico and the U.S.

CACH Company Profile

Cache, Inc., incorporated on April 25, 1975, is a nationwide, mall and Web based specialty retailer of lifestyle sportswear and dresses targeting style-conscious women. The Company’s merchandise offerings extend from eveningwear to casual and daytime sportswear, which encompasses a range of tops, bottoms, dresses and accessories, all of which are sold under its Cache brand. As of December 31, 2011, the Company operated 279 stores, primarily situated in central locations in high traffic, upscale malls, in 43 states, Puerto Rico and the U.S. Virgin Islands.

More notable recent Cache Inc (OTCMKTS:CACH) news were published by: Marketwatch.com which released: “Cache Inc.” on February 15, 2011, also Wsj.com with their article: “Women’s Retailer Cache Seeks Bankruptcy-Court Protection” published on February 04, 2015, Law360.com published: “Bankrupt Clothier Cache Wins Nod For $18M Liquidation Deal” on March 04, 2015. More interesting news about Cache Inc (OTCMKTS:CACH) were released by: Wsj.com and their article: “Cache Still Seeks Buyer in Bid to Avoid Liquidation” published on February 05, 2015 as well as Bizjournals.com‘s news article titled: “Cache closings include Arden Fair location” with publication date: March 10, 2015.

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By Richard Conner


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