Short Interest to Follow: What’s Cavco Industries Incorporated (NASDAQ:CVCO) Upside After This Short Interest Increase?

November 30, 2016 - By Vivian Park   ·   0 Comments

Short Interest to Follow: What's Cavco Industries Incorporated (NASDAQ:CVCO) Upside After This Short Interest Increase?

The stock of Cavco Industries Incorporated (NASDAQ:CVCO) registered an increase of 3.69% in short interest. CVCO’s total short interest was 306,000 shares in November as published by FINRA. Its up 3.69% from 295,100 shares, reported previously. With 47,000 shares average volume, it will take short sellers 7 days to cover their CVCO’s short positions. The short interest to Cavco Industries Incorporated’s float is 3.64%. About 17,109 shares traded hands. Cavco Industries, Inc. (NASDAQ:CVCO) has risen 5.83% since April 27, 2016 and is uptrending. It has outperformed by 0.60% the S&P500.

Cavco Industries, Inc. designs and produces factory-built homes. The company has a market cap of $855.61 million. The Firm operates through two divisions: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. It has a 28.77 P/E ratio. The Company’s factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers.

Insitutional Activity: The institutional sentiment increased to 1.49 in Q2 2016. Its up 0.16, from 1.33 in 2016Q1. The ratio increased, as 14 funds sold all Cavco Industries, Inc. shares owned while 37 reduced positions. 27 funds bought stakes while 41 increased positions. They now own 8.23 million shares or 1.33% less from 8.34 million shares in 2016Q1.
Millennium Management Ltd Liability Company owns 16,356 shares or 0% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky has 3,800 shares for 0% of their US portfolio. Goldman Sachs Grp Inc owns 33,673 shares or 0% of their US portfolio. Moreover, Morgan Stanley has 0% invested in Cavco Industries, Inc. (NASDAQ:CVCO) for 6,662 shares. Eam Investors Ltd Limited Liability Company accumulated 0.41% or 28,877 shares. The New York-based Metropolitan Life Insurance Com Ny has invested 0% in Cavco Industries, Inc. (NASDAQ:CVCO). Cupps Management Ltd owns 15,455 shares or 0.37% of their US portfolio. Wells Fargo And Company Mn owns 780,076 shares or 0.03% of their US portfolio. Granite Invest Partners Limited Liability Corp reported 34,587 shares or 0.26% of all its holdings. Numeric Invsts Ltd Liability accumulated 283,247 shares or 0.24% of the stock. Paradigm Asset Mgmt Limited last reported 0% of its portfolio in the stock. Archford Capital Strategies Limited Co last reported 0% of its portfolio in the stock. Penbrook Mgmt last reported 11,875 shares in the company. Blackrock Institutional Com Na, a California-based fund reported 220,846 shares. Schwab Charles has 28,125 shares for 0% of their US portfolio.

CVCO Company Profile

Cavco Industries, Inc., incorporated on January 14, 2003, creates and produces factory-built homes. The Firm operates through two divisions: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. The Company’s factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers. The Firm markets its products under the brands, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes and Chariot Eagle. The Firm is also a builder of park model recreational vehicle (RVs), vacation cabins and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Homes brand.

More recent Cavco Industries, Inc. (NASDAQ:CVCO) news were published by: Globenewswire.com which released: “Webcast Alert: Cavco Industries, Inc. Announces Second Quarter Fiscal Year …” on November 03, 2016. Also Globenewswire.com published the news titled: “Webcast Alert: Cavco Industries, Inc. Announces Fourth Quarter Fiscal Year …” on May 25, 2016. Globenewswire.com‘s news article titled: “Cavco Industries Announces Acquisition of Fairmont Homes” with publication date: May 04, 2015 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Vivian Park


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>