The stock last traded at $1.86 significantly above the 50 day moving average of $1.68 and which is quite a bit higher than the 200 day moving average of $1.45. The 50 day moving average was up by +10.79% and the 200 day average moved up $0.41. (NASDAQ:PERF) shares saw light trading volume with 0 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of nan% under the normal average daily volume.
Investors are more bullish on shares of Perfumania Holdings, Inc of late as indicated by the decrease in short interest. The stock recorded a fall in short interest of -8.84% as of September 15, 2017 from the last reporting period. Short shares decreased from 25,356 to 23,115 over that period. With short interest at 23,115 and short average daily volume at 236,026, the short-interest ratio is 0.0 and the short interest percentage is 0.00% as of September 15.
Here are a few substantial investment firms who have updated their positions. As of quarter end Morgan Stanley had bought a total of 32 shares growing its position 118.5%. The value in dollars went from $0 to $0 a change of $0 for the reporting period. As of the end of the quarter Goldman Sachs Group Inc had acquired 566 shares growing its holdings by 2.7%. The value of the total investment in Perfumania Holdings, Inc increased from $25,000 to $36,000 increasing 44.0% quarter to quarter.
Blackrock Inc. divested its ownership by shedding 72,245 shares a decrease of 98.1% from 03/31/2017 to 06/30/2017. Blackrock Inc. owns 1,362 shares with a value of $2,000. The value of the position overall is down by 97.7%. Ubs Group Ag bolstered its investment by buying 1,111 shares an increase of 1,322.6% as of 06/30/2017. Ubs Group Ag currently owns 1,195 shares worth $2,000. The total value of its holdings increased inf%.
Perfumania Holdings, Inc., launched on January 25, 2000, is a wholesale distributor and retailer of perfumes and fragrances. The Company conducts its business through its subsidiaries, Perfumania, Inc. (Perfumania), Quality King Fragrance, Inc. (QFG), Scents of Worth, Inc. (SOW), Perfumania.com, Inc. (Perfumania.com), Five Star Fragrance Company, Inc. (Five Star) and Parlux Fragrances, LLC (Parlux). The Company operates in two segments, which include wholesale distribution and specialty retail sales of designer fragrance and related products. Its wholesale business includes QFG, Parlux and Five Star. Its retail business is conducted through Perfumania, SOW and Perfumania.com..