(NASDAQ:STLY) shares saw heavy trading volume with 145K shares changing hands in the last trading session. Trading volume was up 253.06% over the stocks average daily volume.
Traders are more bearish on shares of the company lately as shown by the motion in short interest. The company saw a rise in short interest of 6.97% as of October 13, 2017 from the last reporting period. Short shares grew 1,222 over that period. The short-interest ratio increased to 2.0 and the short interest percentage is 0.00% as of October 13.
Here are a few substantial investment firms who have updated their positions. As of quarter end Deutsche Bank AG had bought 2,888 shares growing its position 168.7%. The value of the company’s investment in Stanley Furniture increased from $1,000 to $5,000 a change of 400.0% for the reporting period. As of the end of the quarter Ubs Group Ag had acquired a total of 930 shares growing its holdings by 23.4%. The value in dollars went from $3,000 to $6,000 a change of $3,000 quarter over quarter.
As of quarter end Bridgeway Capital Management Inc had sold a total of 63,000 shares trimming its stake by 42.2%. The value of the investment in STLY decreased from $169,000 to $102,000 decreasing 39.6% since the last quarter. Vanguard Group Inc bolstered its investment by buying 2,900 shares an increase of 1.1% from 06/30/2017 to 09/30/2017. Vanguard Group Inc currently owns 276,316 shares with a value of $326,000. The total value of its holdings increased 5.5%.
The company is now up from yesterday’s close of 0.835. The company currently has a P/E ratio of N/A and market capitalization is 12.95M. As of the last earnings report the EPS was $-0.07 with 15.08M shares currently outstanding.
Stanley Furniture Company, Inc., launched on January 31, 1984, is a design, marketing and sourcing resource in the wood residential furniture market. The Business’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world. The Business’s products are marketed under the Stanley Furniture brand, but also under sub-brands, including Coastal Living and Stone & Leigh..Advertisement