Trading was heavy with 404K shares changing hands in the last trading session. Trading volume was up 127.44% over the stocks average daily volume.
Investors are a little more bullish recently as inferred by the downtick in short interest. The firm experienced a fall in short interest of -4.91% as of October 13, 2017 from the last reporting period. Short interest decreased 14,448 over that timeframe. Days to cover decreased from 3.0 to 2.0 and the percentage of shorted shares was 0.01% on October 13.
Here are a few substantial investment firms who have updated their positions. As of quarter end Citigroup Inc had disposed of a total of 139 shares trimming its holdings by 70.9%. The value of the company’s investment in Mcbc Holdings Cmn decreased from $4,000 to $1,000 decreasing 75.0% quarter over quarter. As of the end of the quarter Trexquant Investment Lp had sold 5,443 shares trimming its stake by 28.3%. The value of the investment in (MCFT) went from $310,000 to $280,000 a change of $30,000 since the last quarter.
California State Teachers Retirement System cut its investment by shedding 2,875 shares a decrease of 8.8% from 06/30/2017 to 09/30/2017. California State Teachers Retirement System owns 29,688 shares valued at $605,000. The total value of its holdings decreased 5.0%. As of the end of the quarter Wellington Management Group Llp had sold 1,200 shares trimming its position 3.7%. The value of the total investment in Mcbc Holdings Cmn went from $630,000 to $632,000 a change of 0.3% quarter to quarter.
November 10 investment analysts at B. Riley made no change to the stock rating of “Buy” targeting a price of $24.00. On October 2, 2017 Aegis updated its forecast on MCFT by announcing an initial rating of “Buy”.
Equity analyst KeyCorp issued a report on MCFT with a rating of “Overweight”.
The company is now down from yesterday’s close of 22.32. The company currently has a P/E ratio of 20.67 and the market value is 406.44M. In the latest earnings report the EPS was $1.05 with 18.68M shares currently outstanding.
MCBC Holdings, Inc. (MCBC), launched on January 28, 2000, is a holding company. The Company is a designer and manufacturer of inboard tournament ski boats and V-drive runabouts under the MasterCraft brand. The Company operates through two segments: MasterCraft and Hydra-Sports. The MasterCraft product brand consists of recreational performance boats primarily used for water skiing, wakeboarding and wake surfing, and general recreational boating. The Company distributes the MasterCraft product brand through its dealer network. The Company manufactures a range of Hydra-Sports recreational fishing boats. It also leases a parts warehouse in the United Kingdom to expedite service, primarily to dealers and customers in the European Union. The Company operates primarily through its subsidiaries, MasterCraft Boat Company, LLC and MCBC Hydra Boats, LLC..