(NASDAQ:TUES) shares saw heavy trading volume with 520K shares changing hands on Tuesday. Overall, volume was up 97.95% over the stocks normal daily volume.
Traders are a little more bearish recently if you evaluate the change in short interest. The firm saw a rise in short interest of 5.85% as of October 13, 2017 from the last reporting period. Short interest grew 752,738 over that timeframe. The days to cover increased to 41.0 and the short interest percentage is 0.31% as of October 13.
Here are a few substantial investment firms who have updated their positions. Awm Investment Company, Inc. grew its investment by buying 600,000 shares an increase of 1,200.0% from 03/31/2017 to 06/30/2017. Awm Investment Company, Inc. now controls 650,000 shares valued at $1,235,000. The total value of its holdings increased 560.4%. As of the end of the quarter Ubs Group Ag had bought 18,736 shares growing its stake by 53,531.4%. The value in dollars went from $0 to $36,000 increasing inf% since the last quarter.
Cutler Group LP divested its position by shedding 93 shares a decrease of 93.0% in the quarter. Cutler Group LP claims 7 shares with a value of $0. The value of the position overall is down by nan%. As of quarter end Simplex Trading, LLC had acquired a total of 2,530 shares growing its holdings by 356.8%. The value of the investment in TUES increased from $1,000 to $10,000 a change of 900.0% quarter over quarter.
The company is so far trading down from yesterday’s close of $3.10. Shares of the company are trading at $3.10 which is well above the 50 day moving average of $2.74 and significantly higher than the 200 day moving average of $2.26. The 50 day moving average was up $0.36 and the 200 day average moved up $0.84.
In the last earnings report the EPS was $-0.74 and is projected to be $-0.32 for the current year with 44,030,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.21 and the next full year EPS is projected to be $-0.07.
Tuesday Morning Corporation, launched on August 26, 1991, is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016..Advertisement