December 1, 2016 - By Marguerite Chambers · 0 Comments
The stock of Duluth Holdings Class B (NASDAQ:DLTH) registered an increase of 17.15% in short interest. DLTH’s total short interest was 2.80M shares in December as published by FINRA. Its up 17.15% from 2.39 million shares, reported previously. With 224,900 shares average volume, it will take short sellers 13 days to cover their DLTH’s short positions. The short interest to Duluth Holdings Class B’s float is 29.68%. About 29,122 shares traded hands. Duluth Holdings Inc (NASDAQ:DLTH) has risen 36.33% since April 28, 2016 and is uptrending. It has outperformed by 30.40% the S&P500.
Duluth Holdings Inc. is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The company has a market cap of $1.04 billion. The Firm operates through two divisions: direct and retail. It has a 39.78 P/E ratio. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods.
Out of 4 analysts covering Duluth Holdings (NASDAQ:DLTH), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Duluth Holdings has been the topic of 6 analyst reports since December 15, 2015 according to StockzIntelligence Inc. Stifel Nicolaus initiated the shares of DLTH in a report on Friday, May 27 with “Buy” rating. The stock of Duluth Holdings Inc (NASDAQ:DLTH) has “Outperform” rating given on Tuesday, December 15 by Robert W. Baird. The stock has “Buy” rating given by Stifel Nicolaus on Friday, September 2. The rating was maintained by Robert W. Baird with “Outperform” on Friday, September 9. BMO Capital Markets initiated Duluth Holdings Inc (NASDAQ:DLTH) on Tuesday, December 15 with “Outperform” rating. The rating was initiated by William Blair with “Outperform” on Tuesday, December 15.
Duluth Holdings Inc., incorporated on October 29, 1986, is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The Firm operates through two divisions: direct and retail. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods. The Firm offers a range of products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Firm offers products under its Duluth Trading brand name. The Firm also offers Duluthflex Ballroom jeans. The Firm owns and operates a distribution center in Belleville, Wisconsin, which is approximately 115,000 square feet of production and warehouse space.
More important recent Duluth Holdings Inc (NASDAQ:DLTH) news were published by: Marketwatch.com which released: “Duluth Holdings started at buy with $28 stock price target at Stifel Nicolaus” on October 11, 2015, also Globenewswire.com published article titled: “Duluth Holdings Inc. to Report Second Quarter 2016 Financial Results on …”, Globenewswire.com published: “Duluth Holdings Inc. Celebrates Grand Opening of King of Prussia, Pennsylvania …” on October 21, 2016. More interesting news about Duluth Holdings Inc (NASDAQ:DLTH) was released by: Globenewswire.com and their article: “Duluth Holdings Inc. Announces First Quarter Financial Results” with publication date: June 07, 2016.
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By Marguerite Chambers