Duluth Holdings Class B (NASDAQ:DLTH) Sellers Increased By 15.43% Their Shorts

December 10, 2017 - By Stephen Andrade

 Duluth Holdings Class B (NASDAQ:DLTH) Sellers Increased By 15.43% Their Shorts

The stock of Duluth Holdings Class B (NASDAQ:DLTH) registered an increase of 15.43% in short interest. DLTH’s total short interest was 4.90M shares in December as published by FINRA. Its up 15.43% from 4.24M shares, reported previously. With 162,600 shares average volume, it will take short sellers 30 days to cover their DLTH’s short positions. The short interest to Duluth Holdings Class B’s float is 51.5%.

The stock increased 0.97% or $0.16 during the last trading session, reaching $16.16. About 886,488 shares traded or 261.56% up from the average. Duluth Holdings Inc. (NASDAQ:DLTH) has declined 9.53% since December 10, 2016 and is downtrending. It has underperformed by 26.23% the S&P500.

Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. The company has market cap of $524.53 million. It provides shirts, pants, underwear, outerwear, footwear, accessories, and hard goods. It has a 29.38 P/E ratio. The firm offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Company, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, Wild Boar Mocs, and Buck Naked.

Duluth Holdings Inc. (NASDAQ:DLTH) Ratings Coverage

Among 4 analysts covering Duluth Holdings (NASDAQ:DLTH), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Duluth Holdings had 7 analyst reports since December 15, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, September 9 by Robert W. Baird. The stock has “Buy” rating by Stifel Nicolaus on Friday, September 2. BMO Capital Markets initiated Duluth Holdings Inc. (NASDAQ:DLTH) on Tuesday, December 15 with “Outperform” rating. William Blair initiated the shares of DLTH in report on Tuesday, December 15 with “Outperform” rating. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, December 15. The firm earned “Buy” rating on Friday, May 27 by Stifel Nicolaus. The rating was downgraded by Stifel Nicolaus on Friday, December 9 to “Hold”.

More notable recent Duluth Holdings Inc. (NASDAQ:DLTH) news were published by: Nasdaq.com which released: “Earnings Reaction History: DULUTH HOLDINGS, 60.0% Follow-Through Indicator, 11 …” on December 07, 2017, also Globenewswire.com with their article: “Duluth Holdings Celebrates Grand Opening of its Twenty-Ninth Store in …” published on November 16, 2017, Globenewswire.com published: “Duluth Holdings Celebrates Grand Openings of its Thirtieth Store in Waukesha …” on November 29, 2017. More interesting news about Duluth Holdings Inc. (NASDAQ:DLTH) were released by: Jsonline.com and their article: “Duluth Trading shares plunge after retailer posts first quarterly loss since …” published on December 07, 2017 as well as Nasdaq.com‘s news article titled: “Will Store Growth Aid Duluth Holdings (DLTH) in Q3 Earnings?” with publication date: December 04, 2017.

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