Conns Inc (NASDAQ:CONN) Shorts Declined By 7.3%

April 16, 2018 - By Michael Garrison

Conn's, Inc. (NASDAQ:CONN) Corporate Logo

During Q4 2017 the big money sentiment decreased to 0.89. That’s change of 0.40, from 2017Q3’s 1.29. 18 investors sold all, 43 reduced holdings as Conn's, Inc. ratio worsened. 27 increased positions while 27 funds acquired positions. Funds hold 19.24 million shares thus 6.13% less from 2017Q3’s 20.50 million shares.
Hancock invested in 0.07% or 47,173 shs. Stone Ridge Asset Limited Company holds 7,411 shs. Morgan Stanley owns 93,060 shs. Moreover, Sterling Mngmt Lc has 0.01% invested in Conn's, Inc. (NASDAQ:CONN) for 45,462 shs. Vanguard Group Incorporated accumulated 0% or 1.13M shs. Paloma Ptnrs Management reported 6,525 shs. Int Grp invested 0% in Conn's, Inc. (NASDAQ:CONN). Art Advsr Lc has 0.02% invested in Conn's, Inc. (NASDAQ:CONN) for 15,269 shs. Usa Fin Portformulas Corporation reported 0.17% of its capital in Conn's, Inc. (NASDAQ:CONN). Arrowstreet Cap Partnership reported 0.02% in Conn's, Inc. (NASDAQ:CONN). Prudential has 194,405 shs. Wells Fargo And Mn invested in 13,742 shs or 0% of the stock. Tci Wealth Inc owns 28 shs. Par Capital Mgmt reported 3.03M shs stake. Falcon Point Capital Ltd Liability holds 396,315 shs.

Conn's, Inc. registered $54.10 million net activity with 3 insider buys and 1 sale since December 11, 2017. Anchorage Capital Group – L.L.C. sold $54.48 million worth of Conn's, Inc. (NASDAQ:CONN) on Monday, December 18. Another trade for 5,100 shs valued at $142,128 was made by Daly Brian on Monday, April 9. Bchara George L bought $202,524 worth of stock or 7,390 shs.

Conns Inc (NASDAQ:CONN) noted a decrease of 7.3% in short interest. FINRA announced in April CONN’s total 4.54M short interest. The 4.89M previous shares are down with 7.3%. Former CONN’s position will need 14 days to restore. It has 320,500 average volume. Float short on Conns Inc is 27.75%.

On during the last trading session the stock increased $0.65 or 2.34%, reaching $28.4.Conn's, Inc. has volume of 148,158 shares. Since April 16, 2017 CONN has risen 288.41% and is uptrending. CONN outperformed by 276.86% the S&P 500.

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States.The firm is valued at $896.11 million. It operates through two divisions, Retail and Credit.142 is the P/E ratio. The companyÂ’s stores provide furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; home appliances comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; and home office products consisting of computers, printers, and accessories.

Conn's, Inc. (NASDAQ:CONN) Ratings Coverage

Total analysts of 3 have positions in Conn’s (NASDAQ:CONN) as follows: 3 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since October 18, 2017 according to StockzIntelligence Inc Conn’s has 5 analyst reports. On Friday, April 6 the firm has “Buy” rating by Stephens given. On Tuesday, October 24 the stock of Conn's, Inc. (NASDAQ:CONN) earned “Buy” rating by SunTrust. On Wednesday, October 18 the stock of Conn's, Inc. (NASDAQ:CONN) earned “Buy” rating by KeyBanc Capital Markets. On Friday, April 6 the rating was maintained by KeyBanc Capital Markets with “Buy”.

Conn's, Inc. (NASDAQ:CONN) Institutional Investors Chart

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