January 11, 2017 - By Nellie Frank · 0 Comments
The stock of Etsy Incorporated (NASDAQ:ETSY) registered an increase of 1.73% in short interest. ETSY’s total short interest was 3.90 million shares in January as published by FINRA. Its up 1.73% from 3.83 million shares, reported previously. With 1.55 million shares average volume, it will take short sellers 3 days to cover their ETSY’s short positions. The short interest to Etsy Incorporated’s float is 4.59%. About 452,053 shares traded hands. Etsy Inc (NASDAQ:ETSY) has risen 32.61% since June 7, 2016 and is uptrending. It has outperformed by 25.18% the S&P500.
Etsy, Inc. operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The company has a market cap of $1.52 billion. The Company’s geographical divisions include United States and International. It currently has negative earnings. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees.
Out of 11 analysts covering Etsy (NASDAQ:ETSY), 6 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 55% are positive. Etsy has been the topic of 21 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was upgraded by Monness Crespi & Hardt to “Neutral” on Wednesday, November 11. The stock of Etsy Inc (NASDAQ:ETSY) earned “Hold” rating by Topeka Capital Markets on Wednesday, November 18. Vetr upgraded the shares of ETSY in a report on Wednesday, August 19 to “Strong Sell” rating. The stock of Etsy Inc (NASDAQ:ETSY) has “Buy” rating given on Thursday, January 5 by Loop Capital. The rating was upgraded by Wedbush on Tuesday, October 20 to “Neutral”. Maxim Group maintained Etsy Inc (NASDAQ:ETSY) on Monday, September 26 with “Buy” rating. Brean Capital maintained the stock with “Buy” rating in Saturday, August 29 report. The firm has “Buy” rating by Brean Capital given on Wednesday, November 4. Roth Capital initiated the stock with “Sell” rating in Tuesday, December 22 report. As per Tuesday, August 4, the company rating was maintained by Morgan Stanley.
Etsy, Inc. (Etsy), incorporated on February 14, 2006, operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company’s geographical divisions include United States and International. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company’s platform includes marketplace, Seller Services, technology and community, both online and offline. The Firm offers a range of services to help Etsy sellers build their personal brands, engage clients and complete transactions. The Firm has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. The Company’s Promoted Listings offering enables an Etsy seller to pay a cost-per-click fee to feature and promote her goods in search results generated by Etsy buyers on its platform. This service allows an Etsy seller to target Etsy buyers searching for goods similar to those she offers for sale.
More recent Etsy Inc (NASDAQ:ETSY) news were published by: Fool.com which released: “Why Etsy, Inc. Stock Jumped 42% in 2016” on January 06, 2017. Also Schaeffersresearch.com published the news titled: “Etsy Inc (ETSY) Option Bulls Eye More Post-Holiday Gains” on January 06, 2017. Profitconfidential.com‘s news article titled: “Etsy Inc: This ETSY Stock Chart Is a Must-See” with publication date: December 30, 2016 was also an interesting one.
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By Nellie Frank