Could Container Store (the) (NYSE:TCS) Change Direction After Less Shorts?

April 16, 2018 - By Migdalia James

The Container Store Group, Inc. (NYSE:TCS) Logo

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.27, from 1.38 in 2017Q3. It increased, as 8 investors sold The Container Store Group, Inc. shares while 18 reduced holdings. 17 funds opened positions while 26 raised stakes. 37.90 million shares or 1.65% more from 37.28 million shares in 2017Q3 were reported.
Ny State Common Retirement Fund holds 0% of its portfolio in The Container Store Group, Inc. (NYSE:TCS) for 14,400 shares. First Trust Advsr Ltd Partnership owns 15,562 shares. 41,233 are held by Barclays Public Ltd Company. Tower Ltd Company (Trc), a New York-based fund reported 1,944 shares. Connor Clark And Lunn Inv Limited accumulated 125,300 shares. Parallax Volatility Advisers Lp has 0% invested in The Container Store Group, Inc. (NYSE:TCS). Vanguard Group accumulated 577,645 shares. Acadian Asset holds 0% of its portfolio in The Container Store Group, Inc. (NYSE:TCS) for 103,006 shares. Macquarie Grp Inc Ltd invested in 63,500 shares. Bank & Trust Of America Corporation De owns 36,965 shares. D E Shaw & Inc reported 853,520 shares. 47,400 are held by Lsv Asset Mngmt. Alliancebernstein L P holds 11,600 shares. Benjamin F Edwards & stated it has 341 shares or 0% of all its holdings. Stone Ridge Asset Management Ltd Limited Liability Company accumulated 0.01% or 37,394 shares.

The stock of Container Store (the) (NYSE:TCS) registered a decrease of 0.68% in short interest. TCS’s total short interest was 3.52M shares in April as published by FINRA. Its down 0.68% from 3.55M shares, reported previously. With 184,400 shares average volume, it will take short sellers 19 days to cover their TCS’s short positions. The short interest to Container Store (the)’s float is 21.06%.

The stock increased 2.48% or $0.14 during the last trading session, reaching $5.78. About 47,223 shares traded. The Container Store Group, Inc. (NYSE:TCS) has risen 40.66% since April 16, 2017 and is uptrending. It has outperformed by 29.11% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products and solutions in the United States. The company has market cap of $279.34 million. The firm operates through two divisions, The Container Store and Elfa. It has a 9.97 P/E ratio. The Company’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

The Container Store Group, Inc. (NYSE:TCS) Institutional Positions Chart

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