Caleres Inc (NYSE:CAL) Just Reported Decreased Shorts

February 24, 2018 - By sdfsdfsdf

 Caleres Inc (NYSE:CAL) Just Reported Decreased Shorts

The stock of Caleres Inc (NYSE:CAL) registered a decrease of 22.76% in short interest. CAL’s total short interest was 1.03M shares in February as published by FINRA. Its down 22.76% from 1.34 million shares, reported previously. With 253,100 shares average volume, it will take short sellers 4 days to cover their CAL’s short positions. The short interest to Caleres Inc’s float is 2.48%.

The stock increased 0.55% or $0.16 during the last trading session, reaching $29. About 229,236 shares traded. Caleres, Inc. (NYSE:CAL) has risen 11.45% since February 24, 2017 and is uptrending. It has underperformed by 5.25% the S&P500.

Caleres, Inc., a footwear company, retails and wholesales footwear. The company has market cap of $1.25 billion. The firm operates through Famous Footwear and Brand Portfolio divisions. It has a 20.76 P/E ratio. It offers licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children.

Caleres, Inc. (NYSE:CAL) Ratings Coverage

Among 11 analysts covering Caleres (NYSE:CAL), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Caleres has $55 highest and $24 lowest target. $38’s average target is 31.03% above currents $29 stock price. Caleres had 23 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Caleres, Inc. (NYSE:CAL) earned “Buy” rating by Rafferty on Wednesday, April 5. The rating was maintained by Wedbush on Thursday, November 23 with “Outperform”. The rating was upgraded by Susquehanna on Tuesday, May 30 to “Positive”. Buckingham Research upgraded the stock to “Buy” rating in Thursday, February 25 report. The stock of Caleres, Inc. (NYSE:CAL) has “Hold” rating given on Friday, May 27 by Jefferies. The company was upgraded on Friday, March 3 by Morgan Stanley. The firm earned “Neutral” rating on Friday, August 28 by Buckingham Research. The firm has “Neutral” rating by Susquehanna given on Friday, September 16. The stock has “Neutral” rating by Susquehanna on Tuesday, January 23. The firm has “Buy” rating given on Monday, September 21 by Panmure Gordon.

More recent Caleres, Inc. (NYSE:CAL) news were published by: Nasdaq.com which released: “Commit To Buy Caleres At $22.50, Earn 7.8% Annualized Using Options” on February 21, 2018. Also Seekingalpha.com published the news titled: “Caleres Looks Poised To Break Out” on January 27, 2018. Seekingalpha.com‘s news article titled: “Caleres: If The Shoe Fits, Do You Wear It?” with publication date: January 11, 2018 was also an interesting one.

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