Famous Daves of America Inc (NASDAQ:DAVE)’s Stock Is Buy After Less Market Selling

May 24, 2018 - By Ellis Scott

Famous Dave's of America, Inc. (NASDAQ:DAVE) Logo

Investors sentiment increased to 2.25 in 2017 Q4. Its up 1.58, from 0.67 in 2017Q3. It increased, as 2 investors sold Famous Dave's of America, Inc. shares while 2 reduced holdings. 3 funds opened positions while 6 raised stakes. 4.27 million shares or 0.82% less from 4.30 million shares in 2017Q3 were reported.
Tower Rech Capital Ltd Co (Trc), a New York-based fund reported 5,067 shares. Virtu Financial Llc has invested 0.01% in Famous Dave's of America, Inc. (NASDAQ:DAVE). Vanguard Group Inc invested in 0% or 196,524 shares. 1.33M were accumulated by Wexford Cap Ltd Partnership. California Pub Employees Retirement holds 24,910 shares or 0% of its portfolio. Renaissance Technologies Limited invested in 0% or 290,367 shares. Morgan Stanley accumulated 12,760 shares. Northern Tru holds 25,859 shares. Dimensional Fund Advsrs Limited Partnership has invested 0% in Famous Dave's of America, Inc. (NASDAQ:DAVE). Royal Bankshares Of Canada holds 6 shares. 223,284 were accumulated by Blackrock Inc. 30,474 were accumulated by Geode Management Ltd. Deutsche Bank Ag reported 0% stake. Cranbrook Wealth Limited stated it has 155 shares or 0% of all its holdings. Perkins Cap Management Inc has invested 1.18% in Famous Dave's of America, Inc. (NASDAQ:DAVE).

Since May 9, 2018, it had 1 insider buy, and 0 sales for $156,645 activity.

The stock of Famous Daves of America Inc (NASDAQ:DAVE) registered a decrease of 16.65% in short interest. DAVE’s total short interest was 645,100 shares in May as published by FINRA. Its down 16.65% from 774,000 shares, reported previously. With 45,800 shares average volume, it will take short sellers 14 days to cover their DAVE’s short positions. The short interest to Famous Daves of America Inc’s float is 18.87%.

The stock decreased 1.31% or $0.1 during the last trading session, reaching $7.55. About 17,755 shares traded. Famous Dave's of America, Inc. (NASDAQ:DAVE) has risen 74.39% since May 24, 2017 and is uptrending. It has outperformed by 62.84% the S&P500.

Famous Dave’s of America, Inc. develops, owns, operates, and franchises restaurants under the Famous Dave’s name. The company has market cap of $68.47 million. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes. It currently has negative earnings. The firm operates full-service and counter-service restaurants.

More notable recent Famous Dave's of America, Inc. (NASDAQ:DAVE) news were published by: Benzinga.com which released: “10 Stocks Moving In Monday’s After-Hours Session” on May 14, 2018, also Benzinga.com with their article: “10 Stocks To Watch For May 15, 2018” published on May 15, 2018, Benzinga.com published: “25 Stocks Moving In Tuesday’s Pre-Market Session” on May 15, 2018. More interesting news about Famous Dave's of America, Inc. (NASDAQ:DAVE) were released by: Benzinga.com and their article: “38 Biggest Movers From Yesterday” published on April 25, 2018 as well as Nasdaq.com‘s news article titled: “Famous Dave’s of America, Inc. Reports Results for First Quarter of Fiscal 2018” with publication date: May 14, 2018.

Famous Dave's of America, Inc. (NASDAQ:DAVE) Institutional Positions Chart

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