Carter Incorporated (NYSE:CRI) Short Interest Increased By 14.23%

September 17, 2017 - By Marguerite Chambers

 Carter Incorporated (NYSE:CRI) Short Interest Increased By 14.23%

Investors sentiment decreased to 0.76 in 2016 Q4. Its down 0.28, from 1.04 in 2016Q3. It turned negative, as 45 investors sold Carter’s, Inc. shares while 123 reduced holdings. 45 funds opened positions while 82 raised stakes. 45.62 million shares or 0.35% more from 45.46 million shares in 2016Q3 were reported.
Teachers Retirement Sys Of The State Of Kentucky has 25,555 shares. Thrivent For Lutherans reported 243,730 shares. Engineers Gate Manager Lp accumulated 13,100 shares. Amica Retiree Med Trust invested in 1,243 shares. Prudential Fincl owns 0.05% invested in Carter’s, Inc. (NYSE:CRI) for 329,422 shares. 13,638 were reported by Kcg. Valley Natl Advisers Inc has 2 shares. Morgan Stanley holds 481,482 shares or 0.01% of its portfolio. 142,391 were reported by Jgp Gestao De Recursos Ltda. Northern Tru invested in 0.01% or 456,154 shares. Fdx Advsrs Inc has invested 0.03% of its portfolio in Carter’s, Inc. (NYSE:CRI). Da Davidson & Communications holds 0% of its portfolio in Carter’s, Inc. (NYSE:CRI) for 1,653 shares. Brandywine Global Inv Mgmt Lc reported 8,736 shares. Principal Finance Grp Incorporated owns 198,426 shares or 0.02% of their US portfolio. Legacy Prtn reported 4,670 shares.

The stock of Carter Incorporated (NYSE:CRI) registered an increase of 14.23% in short interest. CRI’s total short interest was 3.85 million shares in September as published by FINRA. Its up 14.23% from 3.37M shares, reported previously. With 479,500 shares average volume, it will take short sellers 8 days to cover their CRI’s short positions. The short interest to Carter Incorporated’s float is 8.08%.

The stock increased 0.74% or $0.68 on September 15, reaching $92.47. About 629,246 shares traded or 26.13% up from the average. Carter’s, Inc. (NYSE:CRI) has declined 16.63% since September 17, 2016 and is downtrending. It has underperformed by 33.33% the S&P500.

Carter’s, Inc. is a marketer of apparel for babies and young children in the United States and Canada. The company has market cap of $4.42 billion. The Firm owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). It has a 18.19 P/E ratio. The Firm operates through five divisions: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

Carter’s, Inc. (NYSE:CRI) Ratings Coverage

Among 14 analysts covering Carter’s (NYSE:CRI), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Carter’s had 25 analyst reports since August 31, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, August 31 by Zacks. On Wednesday, September 16 the stock rating was downgraded by Piper Jaffray to “Neutral”. The rating was maintained by Bank of America with “Buy” on Friday, September 15. The rating was downgraded by Citigroup on Thursday, December 17 to “Neutral”. The firm earned “Buy” rating on Monday, December 19 by Citigroup. The rating was upgraded by PiperJaffray to “Overweight” on Tuesday, February 14. The firm has “Outperform” rating by Oppenheimer given on Monday, January 4. The firm has “Buy” rating by FBR Capital given on Friday, June 16. The firm has “Buy” rating by FBR Capital given on Tuesday, July 11. The firm has “Buy” rating by Monness Crespi given on Friday, October 28.

More recent Carter’s, Inc. (NYSE:CRI) news were published by: Seekingalpha.com which released: “Carter’s: Ready For Further Appreciation” on September 06, 2017. Also Nasdaq.com published the news titled: “Does Carter’s, Inc. (CRI) Make for a Suitable Value Pick Now?” on August 28, 2017. Nasdaq.com‘s news article titled: “Carter’s, Inc. (CRI) Ex-Dividend Date Scheduled for August 25, 2017” with publication date: August 24, 2017 was also an interesting one.

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