Could Hooker Furniture Corporation (NASDAQ:HOFT) Go Down After Its Newest Short Interest Report?

February 13, 2018 - By Nellie Frank

 Could Hooker Furniture Corporation (NASDAQ:HOFT) Go Down After Its Newest Short Interest Report?

Investors sentiment increased to 1.74 in 2017 Q3. Its up 0.16, from 1.58 in 2017Q2. It improved, as 9 investors sold Hooker Furniture Corporation shares while 30 reduced holdings. 31 funds opened positions while 37 raised stakes. 9.96 million shares or 3.78% more from 9.59 million shares in 2017Q2 were reported.
212,811 are held by Jpmorgan Chase And Com. Teachers Insurance & Annuity Association Of America, New York-based fund reported 24,332 shares. 34,385 are owned by Hightower Advisors Limited Liability. Schwab Charles Inv Mngmt holds 29,953 shares. Acadian Asset Mgmt Limited Liability Company holds 0.01% or 57,626 shares in its portfolio. 86,511 were reported by Bancorp Of Ny Mellon Corporation. Thomson Horstmann Bryant holds 0.69% or 105,074 shares. Renaissance Techs Lc has 0.02% invested in Hooker Furniture Corporation (NASDAQ:HOFT). Macquarie Group Ltd reported 5,251 shares. Moreover, Manufacturers Life Company The has 0% invested in Hooker Furniture Corporation (NASDAQ:HOFT) for 9,030 shares. Yorktown And owns 4,250 shares. Ftb Advisors holds 156 shares. Morgan Stanley has invested 0% of its portfolio in Hooker Furniture Corporation (NASDAQ:HOFT). Metropolitan Life New York accumulated 8,216 shares. New York State Teachers Retirement Systems reported 1,000 shares.

Since September 11, 2017, it had 0 buys, and 9 sales for $2.29 million activity. 5,194 shares valued at $226,039 were sold by Revington George on Wednesday, September 13. Delgatti Michael W sold $430,329 worth of stock. Shares for $109,897 were sold by Sweet David G on Friday, September 15. Another trade for 2,350 shares valued at $107,209 was made by Jacobsen Anne on Monday, September 25.

The stock of Hooker Furniture Corporation (NASDAQ:HOFT) registered a decrease of 2.07% in short interest. HOFT’s total short interest was 108,700 shares in February as published by FINRA. Its down 2.07% from 111,000 shares, reported previously. With 45,100 shares average volume, it will take short sellers 2 days to cover their HOFT’s short positions. The short interest to Hooker Furniture Corporation’s float is 0.99%.

The stock decreased 0.27% or $0.1 during the last trading session, reaching $37.25. About 15,398 shares traded. Hooker Furniture Corporation (NASDAQ:HOFT) has risen 78.89% since February 13, 2017 and is uptrending. It has outperformed by 62.19% the S&P500.

Hooker Furniture Corporation, together with its subsidiaries, operates as a home furnishings marketing, design, and logistics firm worldwide. The company has market cap of $437.54 million. The firm designs, makes, imports, and markets residential household furniture products. It has a 14.12 P/E ratio. It operates through four divisions: Hooker Casegoods, Upholstery, Home Meridian, and All Other.

More notable recent Hooker Furniture Corporation (NASDAQ:HOFT) news were published by: Seekingalpha.com which released: “Hooker Furniture’s Upside Has Been Captured” on May 08, 2017, also Seekingalpha.com with their article: “Hooker Furniture Still Looks A Bit Too Expensive” published on July 26, 2017, Seekingalpha.com published: “About: Hooker Furniture (HOFT)” on April 07, 2016. More interesting news about Hooker Furniture Corporation (NASDAQ:HOFT) were released by: Seekingalpha.com and their article: “Hooker Furniture: Can We See $50 In 2017?” published on September 19, 2017 as well as Seekingalpha.com‘s news article titled: “Hooker Furniture’s (HOFT) CEO Paul Toms on Q1 2018 Results – Earnings Call …” with publication date: June 06, 2017.

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