Short traders are feeling a little more bearish on shares of Ennis Inc of late considering the uptick in short interest. The firm experienced a rise in short interest between October 13, 2017 and October 31, 2017 of 6.61%. Short shares increased from 882,888 to 941,270 over that period. Days to cover increased from 10.0 to 11.0 and the percentage of shorted shares was 0.04% on October 31.
These funds have shifted positions in (EBF). Alliancebernstein L.p. grew its ownership by buying 34,900 shares an increase of 45.5% in the quarter. Alliancebernstein L.p. now holds 111,566 shares with a value of $2,192,000. The value of the position overall is up by 49.7%. Ubs Asset Management Americas Inc bolstered its stake by buying 2 shares an increase of 0.8%. Ubs Asset Management Americas Inc owns 243 shares valued at $4,775,000. The total value of its holdings increased 3.7%.
As of quarter end Lsv Asset Management had bought a total of 385,323 shares growing its holdings by 54.1%. The value of the investment in EBF increased from $13,593,000 to $21,556,000 a change of 58.6% quarter to quarter. Dimensional Fund Advisors Lp divested its investment by shedding 36,905 shares a decrease of 1.7% from 06/30/2017 to 09/30/2017. Dimensional Fund Advisors Lp claims 2,132,319 shares worth $41,900,000. The value of the position overall is up by 1.1%.
In the market the company is trading down by 3.68% since yesterday’s close of 19.71. The company’s P/E ratio is 16.53 and the market cap of the company is 482.29M. As of the last earnings report the EPS was $1.15 with 25.41M shares currently outstanding.
Ennis, Inc., launched on June 29, 1949, and its subsidiaries are principally engaged in the production and sale of business forms, other business products and apparel to customers primarily located in the United States. The Business’s segments include Print and Apparel. The Print Segment prints and manufactures a range of business forms and other business products. The Apparel Segment manufactures and sells activewear throughout the United States, Canada and Mexico primarily through sales representatives..