Short Interest Filing: It Seems Bon Ton Stores Incorporated (NASDAQ:BONT) Will Go Down. Just Reported More Shorted Shares

November 28, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Filing: It Seems Bon Ton Stores Incorporated (NASDAQ:BONT) Will Go Down. Just Reported More Shorted Shares

The stock of Bon Ton Stores Incorporated (NASDAQ:BONT) registered an increase of 0.11% in short interest. BONT’s total short interest was 2.06M shares in November as published by FINRA. Its up 0.11% from 2.05 million shares, reported previously. With 68,800 shares average volume, it will take short sellers 30 days to cover their BONT’s short positions. The short interest to Bon Ton Stores Incorporated’s float is 29.42%. The stock increased 1.79% or $0.03 on November 25, hitting $1.71. Bon-Ton Stores Inc (NASDAQ:BONT) has declined 28.15% since April 25, 2016 and is downtrending. It has underperformed by 34.17% the S&P500.

The Bon-Ton Stores, Inc. is a department store operator. The company has a market cap of $37.44 million. The Firm operates through two divisions: stores and eCommerce . It currently has negative earnings. The Firm offers a range of brand-name fashion apparel and accessories for women, men and children.

Insitutional Activity: The institutional sentiment increased to 0.76 in 2016 Q2. Its up 0.21, from 0.55 in 2016Q1. The ratio improved, as 5 funds sold all Bon-Ton Stores Inc shares owned while 15 reduced positions. 4 funds bought stakes while 7 increased positions. They now own 5.56 million shares or 17.72% less from 6.75 million shares in 2016Q1.
Barclays Pcl has 49 shares for 0% of their US portfolio. Ladenburg Thalmann Financial Ser Inc has 0% invested in the company for 600 shares. Stifel Fin Corp has 49,923 shares for 0% of their US portfolio. The Florida-based Raymond James Financial Serv Advsr has invested 0% in Bon-Ton Stores Inc (NASDAQ:BONT). Teton accumulated 444,000 shares or 0.06% of the stock. Blackrock Institutional Company Na accumulated 0% or 277,410 shares. Blackrock Management Limited accumulated 2,748 shares or 0% of the stock. Goldman Sachs accumulated 69,529 shares or 0% of the stock. Deutsche Bancorp Ag holds 0% or 328 shares in its portfolio. Gamco Invsts Inc Et Al holds 641,000 shares or 0.01% of its portfolio. Blackrock Fund owns 33,692 shares or 0% of their US portfolio. Manufacturers Life Insurance The, a Ontario – Canada-based fund reported 651 shares. Spark Investment Mngmt Limited Liability has invested 0.01% of its portfolio in Bon-Ton Stores Inc (NASDAQ:BONT). Wells Fargo And Mn owns 201 shares or 0% of their US portfolio. Tower Ltd Limited Liability Company (Trc) holds 0% or 6,449 shares in its portfolio.

Insider Transactions: Since August 11, 2016, the stock had 5 buys, and 0 sales for $426,461 net activity. $91,091 worth of Bon-Ton Stores Inc (NASDAQ:BONT) shares were bought by MORGAN DONALD E III. $76,226 worth of shares were bought by Brigade Leveraged Capital Structures Fund Ltd. on Tuesday, August 16.

Bon-Ton Stores Inc (NASDAQ:BONT) Ratings Coverage

Out of 4 analysts covering Bon-Ton Stores (NASDAQ:BONT), 0 rate it a “Buy”, 3 “Sell”, while 1 “Hold”. This means 0 are positive. Bon-Ton Stores has been the topic of 7 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Telsey Advisory Group with “Underperform” on Friday, August 21. The company was downgraded on Tuesday, September 1 by Imperial Capital. Zacks upgraded Bon-Ton Stores Inc (NASDAQ:BONT) on Friday, August 21 to “Sell” rating. The rating was maintained by Wesley Advisory Group on Friday, August 21 with “Underperform”. Telsey Advisory Group maintained the shares of BONT in a report on Friday, November 20 with “Underperform” rating. The firm has “Underperform” rating by Credit Suisse given on Friday, April 15.

BONT Company Profile

The Bon-Ton Stores, Inc., incorporated on January 31, 1996, is a department store operator. The Firm offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet. The Firm operates through two divisions: stores and e-Commerce (its Internet Websites). The Company’s stores offer a range of merchandise, which include cosmetics, home furnishings and other goods. The Company’s merchandise assortment includes nationally distributed brands and a range of private brands.

More notable recent Bon-Ton Stores Inc (NASDAQ:BONT) news were published by: Jsonline.com which released: “Bon-Ton Stores Inc. selling, leasing back 3 more stores” on June 02, 2016, also Jsonline.com with their article: “Bon-Ton Stores posts another quarterly loss” published on August 18, 2016, Jsonline.com published: “Bon-Ton Stores Inc. sale and lease-back of three stores canceled” on June 21, 2016. More interesting news about Bon-Ton Stores Inc (NASDAQ:BONT) were released by: Wsj.com and their article: “Bon-Ton Stores Leaseback Agreement Falls Apart” published on June 22, 2016 as well as Prnewswire.com‘s news article titled: “Generous Donors Make the Bon-Ton Goodwill® Sale a Continued Success” with publication date: October 28, 2016.

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By Hazel Jackson


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