Short Interest Alert: What Will Happen to CRUMBS BAKE SHOP INCORPORATED (OTCMKTS:CRMBQ) Next? The Stock Has Increase in Shorts

November 30, 2016 - By Darrin Black   ·   0 Comments

Short Interest Alert: What Will Happen to CRUMBS BAKE SHOP INCORPORATED (OTCMKTS:CRMBQ) Next? The Stock Has Increase in Shorts

The stock of CRUMBS BAKE SHOP INCORPORATED (OTCMKTS:CRMBQ) registered an increase of 0.02% in short interest. CRMBQ’s total short interest was 414,800 shares in November as published by FINRA. Its up 0.02% from 414,700 shares, reported previously. With 9,500 shares average volume, it will take short sellers 44 days to cover their CRMBQ’s short positions. About 20,000 shares traded hands or 110.93% up from the average. Crumbs Bake Shop Inc (OTCMKTS:CRMBQ) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.

Crumbs Bake Shop, Inc. is engaged in the business of selling a wide variety of cupcakes, cakes, cookies and other baked goods, as well as hot and cold beverages. The company has a market cap of $67,454. The Firm offers these products through its stores, e-commerce division, catering services and wholesale distribution business. It currently has negative earnings. It operates through its subsidiary, Crumbs Holdings LLC.

CRMBQ Company Profile

Crumbs Bake Shop, Inc. (CBS), incorporated on October 29, 2009, is engaged in the business of selling a wide variety of cupcakes, cakes, cookies and other baked goods, as well as hot and cold beverages. The Firm offers these products through its stores, e-commerce division, catering services and wholesale distribution business. It operates through its subsidiary, Crumbs Holdings LLC. The Firm sells its products primarily through its Company-operated stores and online at www.crumbs.com. As of December 31, 2013, there were 70 Crumbs Bake Shop stores operating in twelve states and Washington, D.C., including 18 stores in Manhattan, New York. The Company’s sales are primarily conducted through its stores in California, Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Hampshire, New York, New Jersey, Pennsylvania, Rhode Island, Washington, D.C. and Virginia.

More notable recent Crumbs Bake Shop Inc (OTCMKTS:CRMBQ) news were published by: Wsj.com which released: “Investor Group Says Crumbs to Seek Sale in Chapter 11” on July 12, 2014, also Wsj.com with their article: “Crumbs Bake Shop Closing Its Doors” published on July 07, 2014, Wsj.com published: “Crumbs Bake Shop to Reopen Stores After Court Approval” on August 26, 2014. More interesting news about Crumbs Bake Shop Inc (OTCMKTS:CRMBQ) were released by: Valuewalk.com and their article: “Crumbs Bake Shop Inc Expects to Complete Sale Process In 60 Days” published on July 18, 2014 as well as Wsj.com‘s news article titled: “Crumbs Bake Shop Cancels Auction, Seeks Sale to Investors” with publication date: August 21, 2014.

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By Darrin Black


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