Trading volume for Weyco Gp Inc was 19K in the last trading session. Shares saw a steep increase in trading volume of 78.78% over the normal average daily volume.
Investors are a little more bullish on the company lately if you take into consideration the decrease in short interest. The firm experienced a fall in short interest of -5.00% between September 29, 2017 and October 13, 2017. Short interest fell from 149,534 to 142,061 over that period. With short interest at 142,061 and short average daily volume at 10,546, the short-interest ratio is 13.0 and the short interest percentage is 0.01% as of October 13.
Here is a rundown on some insider market activity for Weyco Gp Inc (NASDAQ:WEYS). Cory L. Nettles, Director reported the sale of 1,297 shares. The shares were purchased at an average price of $28.00. Nettles now owns $138,684 of the stock per the Form 4 SEC filing. VP, President – Nunn Bush Michael Bernsteen disclosed the sale of 4,344 shares of (WEYS). The shares were sold on September 12th for a price of $27.98. The VP, President – Nunn Bush now owns $113,907 of the stock according to the SEC filing.
Tina M. Chang, Director disclosed the sale of 1,297 shares of WEYS stock. The shares were sold on September 12th for an average price of $28.00. Chang now owns $216,244 of the stock according to the SEC filing.
These firms have modified their investment in WEYS. As of the end of the quarter Ubs Group Ag had disposed of 103 shares trimming its position 33.2%. The value of the company’s investment in Weyco Gp Inc decreased from $9,000 to $6,000 a change of $3,000 quarter over quarter. Royal Bank Of Canada bolstered its holdings by buying 422 shares an increase of 715.3% in the quarter. Royal Bank Of Canada owns 481 shares worth $14,000. The value of the position overall is up by 600.0%.
As of quarter end Bridgeway Capital Management Inc had bought a total of 8,000 shares growing its holdings by 39.8%. The value of the investment in WEYS went from $560,000 to $797,000 increasing 42.3% for the reporting period. As of the end of the quarter State Street Corp had bought 121 shares growing its stake by 0.1%. The value of the total investment in Weyco Gp Inc went from $3,682,000 to $3,756,000 a change of 2.0% since the last quarter.
In the market the company is trading down from yesterday’s close of 28.41. The P/E ratio is 17.65 and the market cap is 287.24M. As of the last earnings report the EPS was $1.60 with 10.19M shares currently outstanding.
Weyco Group, Inc., launched on May 25, 1906, is involved in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe)..