It is trading at $11.64 quite a bit above $10.29, the stock’s 50 day moving average and which is impressively higher than the 200 day moving average of $9.79. The 50 day moving average went up $1.35 or +13.07% and the 200 day average moved up $1.85. Trading was light with 86K shares changing hands on Wednesday. Overall, volume was down 29.50% under the stocks normal daily volume.
Investors are feeling more bearish on Tilly’s, Inc. of late as evidenced by the change in short interest. The company saw a rise in short interest of 18.21% between August 15, 2017 and August 31, 2017. Short shares increased from 609,384 to 720,371 over that period. With short interest at 720,371 and short average daily volume at 252,098, days to cover is 3.0 and the percentage of shorted shares was 0.03% on August 31.
Here is a rundown on some insider market activity for Tilly’s, Inc. (NYSE:TLYS). Chief Strategy Officer Hezy Shaked disclosed the sale of 600 shares. The shares were sold on July 12th for an average price of $10.01. Shaked now owns $0 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. Ubs Group Ag augmented its stake by buying 63 shares an increase of 16.6%. Ubs Group Ag owns 443 shares valued at $5,000. The total value of its holdings increased 66.7%. Spark Investment Management LLC reduced its holdings by selling 69,600 shares a decrease of 24.9% in the quarter. Spark Investment Management LLC now controls 209,700 shares worth $2,128,000. The value of the position overall is down by 15.5%.
Two Sigma Advisers, Lp downsized its investment by selling 20,810 shares a decrease of 10.5% as of 06/30/2017. Two Sigma Advisers, Lp claims 178,260 shares with a value of $1,809,000. The value of the position overall is up by 0.7%. Landscape Capital Management, L.l.c. grew its ownership by buying 58,252 shares an increase of 506.6% from 03/31/2017 to 06/30/2017. Landscape Capital Management, L.l.c. currently owns 69,750 shares worth $708,000. The value of the position overall is up by 365.8%.
The company currently has a P/E ratio of 27.85 and the market cap is 335.49M. In the last earnings report the EPS was $0.42 and is expected to be $0.54 for the current year with 28,822,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.23 and the next full year EPS is anticipated to be $0.58.
Tilly’s, Inc., launched on May 4, 2011, is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Business’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses. Its accessories merchandise includes backpacks, hats, sunglasses, headphones, handbags, watches, jewelry and others. The Company offers its products through stores and Website. The Company operates over 220 stores in approximately 30 states. The Business’s stores are located in malls, lifestyle centers, power centers, community centers, outlet centers and street-front locations. The Company also operates an e-commerce platform for desktop and mobile..