9,578 shares changed hands by the end of trading on Tuesday. Trading volume was down 92.66% under the stocks average daily volume.
Investors are more bearish on shares of the company of late as shown by the uptick in short interest. The company had a rise in short interest of 3.93% as of October 13, 2017 from the last reporting period. Short interest increased from 1,976,293 to 2,053,926 over that timeframe. The short-interest ratio increased to 66.0 and the percentage of shorted shares is 0.09% as of October 13.
There has been some buying insider activity on Sears Hometown (NASDAQ:SHOS) recently. Sr VP E. J. Bird purchased 1,000 shares at an average price of $2.10 on Tue the 12th. Bird now owns $35,700 of stock per an SEC filing yesterday. William K. Phelan, Director reported the purchase of 1,500 shares of SHOS stock. The shares were purchased at an average price of $2.13. The Director now owns $42,600 of the stock according to the SEC filing.
Sr VP E. J. Bird disclosed the purchase of 2,600 shares. The shares were bought on September 11th for a price of $2.07. Bird now owns $33,120 of the stock per the Form 4 SEC filing.
These funds have shifted positions in (SHOS). As of quarter end Advisor Group, Inc. had bought a total of 351 shares growing its stake by 331.1%. The value of the investment in Sears Hometown increased from $0 to $1,000 a change of inf% since the last quarter. Bank Of NEW York Mellon Corp added to its investment by buying 10,614 shares an increase of 530,700.0% in the quarter. Bank Of NEW York Mellon Corp claims 10,616 shares worth $27,000. The total value of its holdings increased inf%.
Citadel Advisors LLC downsized its ownership by shedding 4,300 shares a decrease of 27.4%. Citadel Advisors LLC controls 11,400 shares valued at $29,000. The value of the position overall is down by 52.5%. Dimensional Fund Advisors Lp trimmed its position by shedding 33,385 shares a decrease of 41.1% as of 09/30/2017. Dimensional Fund Advisors Lp now holds 47,822 shares with a value of $122,000. The total value of its holdings decreased 44.3%.
The company is up from yesterday’s close of 1.6. The company’s P/E ratio is N/A and the market cap is 38.59M. As of the last earnings report the EPS was $-8.36 with 22.70M shares outstanding.
Sears Hometown and Outlet Stores, Inc., launched on April 23, 2012, is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools, and hardware. In addition to merchandise, the Company provides its customers with access to a suite of related services, including home delivery, installation, and extended-service plans. The Company and its dealers and franchisees operate approximately 1,160 stores across over 50 states, Puerto Rico and Bermuda. The Company operates through two segments: Sears Hometown and Hardware segment (Hometown) and Sears Outlet segment (Outlet)..Advertisement