Trading was light with 1,647 shares changing hands by the end of trading on Tuesday. Overall, volume was down 96.78% under the stocks normal daily volume.
Traders are feeling more bearish lately as inferred by the rise in short interest. The company realized a rise in short interest between September 29, 2017 and October 13, 2017 of 81.40%. Short interest grew from 30,790 to 55,852 over that timeframe. The days to cover increased to 1.0 and the percentage of shorted shares is 0.00% as of October 13.
Here is a rundown on some insider market activity for CafePress Inc. (NASDAQ:PRSS). Fred E. Iii Durham, CEO acquired $57,714 worth of shares at an average price of $2.13 on August 24th. Durham now owns $5,335,164 of stock per an SEC filing yesterday. CEO Fred E. Iii Durham disclosed the purchase of 722 shares. The shares were bought on August 29th for an average price of $2.10. Durham now owns $5,284,862 of the stock per the Form 4 SEC filing.
CEO Fred E. Iii Durham acquired 15,667 shares at an average price of $2.03 on Tue the 5th. That brings Durham’s holdings to $5,167,225 as reported to the SEC.
Here are a few substantial investment firms who have updated their positions. Renaissance Technologies LLC bolstered its position by buying 70,700 shares an increase of 12.0% in the quarter. Renaissance Technologies LLC now controls 660,700 shares valued at $1,639,000. The total value of its holdings decreased 8.0%. Blackrock Inc. divested its stake by shedding 46,818 shares a decrease of 97.7% as of 06/30/2017. Blackrock Inc. claims 1,105 shares worth $3,000. The value of the position overall is down by 97.9%.
As of quarter end Tower Research Capital LLC (trc) had bought a total of 2,281 shares growing its stake by 125.3%. The value of the investment in PRSS went from $5,000 to $10,000 increasing 100.0% quarter over quarter. As of the end of the quarter Spark Investment Management LLC had acquired 21,100 shares growing its holdings by 37.8%. The value in dollars increased from $168,000 to $190,000 a change of 13.1% quarter to quarter.
The company is so far trading up by 0.99% percent from yesterday’s close. Shares of the company are trading at $2.05 just a bit lower than $2.07, the 50 day moving average and quite a bit lower than the 200 day moving average of $2.31. The 50 day moving average went down by -0.95% and the 200 day average went down by -11.28%.
As of the latest earnings report the EPS was $-0.42 and is projected to be $-0.22 for the current year with 16,809,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.09 and the next full year EPS is anticipated to be $-0.23.
CafePress Inc., launched on January 19, 2005, is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia. It also sells CafePress branded products through other online retail partners. Its products are customized with designs contributed through various means, including crowd-sourced user generated content, stock art licenses and licensed content relationships with entertainment companies and brands. Its facility in Louisville, Kentucky has technology and manufacturing processes that enables it to provide customized products that are individually built to order. Its processes enable it to produce a range of merchandise..