Cabelas Incorporated (NYSE:CAB) Stock Is Shorted Less

September 17, 2017 - By Adrian Erickson

 Cabelas Incorporated (NYSE:CAB) Stock Is Shorted Less

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.15, from 0.9 in 2016Q3. It increased, as 56 investors sold Cabelas Inc shares while 73 reduced holdings. 75 funds opened positions while 61 raised stakes. 37.17 million shares or 10.38% less from 41.48 million shares in 2016Q3 were reported.
Bokf Na holds 0.01% of its portfolio in Cabelas Inc (NYSE:CAB) for 3,713 shares. Brown Brothers Harriman & stated it has 150 shares. Sterling Management Ltd, North Carolina-based fund reported 307,189 shares. Alpine Vi Llc accumulated 10,000 shares or 0.27% of the stock. Of Vermont has 0% invested in Cabelas Inc (NYSE:CAB). Longfellow Investment Mgmt Commerce Ltd Llc holds 3.78% or 163,400 shares. 300,000 are held by Angelo Gordon And Ltd Partnership. Alpine Management invested in 1.17 million shares. Guggenheim Limited Liability Com reported 0.01% stake. Retirement Of Alabama reported 0.02% of its portfolio in Cabelas Inc (NYSE:CAB). Huntington National Bank & Trust invested in 4,129 shares. Sphinx Trading Lp holds 1,500 shares or 0.17% of its portfolio. D E Shaw & Company, a New York-based fund reported 1.10M shares. Rhumbline Advisers stated it has 85,806 shares or 0.01% of all its holdings. Kbc Gp Nv invested in 17,149 shares.

The stock of Cabelas Incorporated (NYSE:CAB) registered a decrease of 22.31% in short interest. CAB’s total short interest was 2.56M shares in September as published by FINRA. Its down 22.31% from 3.30 million shares, reported previously. With 411,600 shares average volume, it will take short sellers 6 days to cover their CAB’s short positions. The short interest to Cabelas Incorporated’s float is 5.01%.

The stock decreased 0.03% or $0.02 on September 15, reaching $61.31. About 1.52M shares traded or 9.35% up from the average. Cabelas Inc (NYSE:CAB) has risen 9.23% since September 17, 2016 and is uptrending. It has underperformed by 7.47% the S&P500.

Cabela’s Incorporated is an omni-channel retailer of hunting, fishing, camping, shooting sports and related outdoor merchandise. The company has market cap of $4.23 billion. The Firm offers its clients a selection of national and regional brand products, including its Cabela’s brand. It has a 31.77 P/E ratio. The Company’s divisions include Merchandising and Financial Services.

Cabelas Inc (NYSE:CAB) Ratings Coverage

Among 17 analysts covering Cabela’s (NYSE:CAB), 5 have Buy rating, 0 Sell and 12 Hold. Therefore 29% are positive. Cabela’s had 30 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, September 7. The stock of Cabelas Inc (NYSE:CAB) earned “Neutral” rating by Goldman Sachs on Friday, October 23. The rating was downgraded by Northcoast to “Neutral” on Friday, October 23. M Partners maintained it with “Buy” rating and $56 target in Thursday, December 3 report. The company was maintained on Friday, October 23 by M Partners. The firm earned “Hold” rating on Wednesday, February 15 by Stifel Nicolaus. The stock of Cabelas Inc (NYSE:CAB) earned “Overweight” rating by Barclays Capital on Wednesday, November 4. Piper Jaffray maintained Cabelas Inc (NYSE:CAB) on Sunday, August 6 with “Hold” rating. The company was downgraded on Wednesday, December 16 by SunTrust. The firm has “Buy” rating given on Friday, July 24 by M Partners.

More news for Cabelas Inc (NYSE:CAB) were recently published by: Nasdaq.com, which released: “Commit To Buy Cabela’s At $45, Earn 14.7% Annualized Using Options” on August 23, 2017. Nasdaq.com‘s article titled: “Cabela’s Inc (CAB) Looks Good: Stock Adds 14.3% in Session” and published on September 08, 2017 is yet another important article.

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.