Ascena Retail Group Inc (NASDAQ:ASNA) Could Burn Your Long Portfolio After More Shorts

September 16, 2018 - By Carol Mulligan

Ascena Retail Group, Inc. (NASDAQ:ASNA) Logo

Investors sentiment increased to 1.49 in 2018 Q2. Its up 0.40, from 1.09 in 2018Q1. It increased, as 20 investors sold Ascena Retail Group, Inc. shares while 37 reduced holdings. 39 funds opened positions while 46 raised stakes. 178.07 million shares or 5.90% less from 189.24 million shares in 2018Q1 were reported.
Citadel Advsr Limited Liability Company has invested 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Royal Financial Bank Of Canada reported 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Moreover, Eagle Ridge Investment Management has 0.01% invested in Ascena Retail Group, Inc. (NASDAQ:ASNA) for 19,168 shares. Quantitative Investment Ltd accumulated 67,200 shares. Alliancebernstein Ltd Partnership has invested 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Los Angeles Mngmt Equity stated it has 98,033 shares or 0% of all its holdings. Barrow Hanley Mewhinney Strauss Ltd invested in 0% or 482,951 shares. Principal Financial Group Inc Inc holds 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA) or 1.35 million shares. State Teachers Retirement Sys holds 368,386 shares or 0% of its portfolio. Cubist Systematic Strategies Lc invested 0.02% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Gotham Asset Mgmt Limited Liability Corporation invested in 59,040 shares. Bluecrest Capital owns 0% invested in Ascena Retail Group, Inc. (NASDAQ:ASNA) for 33,322 shares. 285,724 were accumulated by Citigroup. Moreover, Ruggie Capital Group has 0% invested in Ascena Retail Group, Inc. (NASDAQ:ASNA) for 6 shares. Connor Clark Lunn Invest Mgmt Ltd accumulated 2.58M shares.

The stock of Ascena Retail Group Inc (NASDAQ:ASNA) registered an increase of 2% in short interest. ASNA’s total short interest was 44.45 million shares in September as published by FINRA. Its up 2% from 43.58 million shares, reported previously. With 1.49 million shares average volume, it will take short sellers 30 days to cover their ASNA’s short positions. The short interest to Ascena Retail Group Inc’s float is 33.99%.

The stock decreased 2.84% or $0.12 during the last trading session, reaching $4.11. About 1.27M shares traded. Ascena Retail Group, Inc. (NASDAQ:ASNA) has risen 106.67% since September 16, 2017 and is uptrending. It has outperformed by 91.05% the S&P500.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company has market cap of $788.78 million. The firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It currently has negative earnings. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel.

Another recent and important Ascena Retail Group, Inc. (NASDAQ:ASNA) news was published by Seekingalpha.com which published an article titled: “Apparel store stocks track higher” on August 28, 2018.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Ratings Chart

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 FREE daily email newsletter.