Time to Reconsider Hooker Furniture Corporation (NASDAQ:HOFT) After Less Short Sellers?

December 29, 2017 - By Maria Brooks

 Time to Reconsider Hooker Furniture Corporation (NASDAQ:HOFT) After Less Short Sellers?

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.
Thomson Horstmann And Bryant accumulated 105,074 shares. Anchor Cap Limited Liability Corp reported 40,840 shares. Voya Investment Management Limited Liability Company stated it has 0% in Hooker Furniture Corporation (NASDAQ:HOFT). Indexiq Lc reported 0.06% stake. Alliancebernstein L P has invested 0% of its portfolio in Hooker Furniture Corporation (NASDAQ:HOFT). Bnp Paribas Arbitrage, a New York-based fund reported 1,301 shares. State Teachers Retirement Systems reported 0% in Hooker Furniture Corporation (NASDAQ:HOFT). Alexandria Capital, Virginia-based fund reported 1,175 shares. Argent Capital Mngmt stated it has 96,261 shares. Barclays Public Ltd Company reported 2,269 shares stake. Tygh Cap Management invested 1.08% in Hooker Furniture Corporation (NASDAQ:HOFT). Pnc Fincl reported 286,602 shares. Prelude Cap Mngmt Ltd Liability holds 679 shares or 0% of its portfolio. Susquehanna Grp Llp holds 0% in Hooker Furniture Corporation (NASDAQ:HOFT) or 9,389 shares. 161 are held by Federated Invsts Pa.

Since September 11, 2017, it had 0 insider buys, and 9 insider sales for $2.29 million activity. The insider Revington George sold $226,039. $222,050 worth of Hooker Furniture Corporation (NASDAQ:HOFT) was sold by RYDER E LARRY on Monday, September 11. Sweet David G also sold $109,897 worth of Hooker Furniture Corporation (NASDAQ:HOFT) shares. 2,350 shares were sold by Jacobsen Anne, worth $107,209 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 December 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 0.82% or $0.35 during the last trading session, reaching $42.5. About 33,483 shares traded. Hooker Furniture Corporation (NASDAQ:HOFT) has risen 78.89% since December 29, 2016 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 $499.21 million. The firm designs, makes, imports, and markets residential household furniture products. It has a 16.11 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: Globenewswire.com which released: “Hooker Furniture Corporation Promotes George Revington” on January 25, 2017, also Seekingalpha.com with their article: “Hooker Furniture’s Upside Has Been Captured” published on May 08, 2017, Seekingalpha.com published: “Hooker Furniture Still Looks A Bit Too Expensive” on July 26, 2017. More interesting news about Hooker Furniture Corporation (NASDAQ:HOFT) were released by: Seekingalpha.com and their article: “Hooker Furniture’s (HOFT) CEO Paul Toms on Q3 2018 Results – Earnings Call …” published on December 07, 2017 as well as Seekingalpha.com‘s news article titled: “Hooker Furniture: Can We See $50 In 2017?” with publication date: September 19, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.