Weyco Group Incorporated (NASDAQ:WEYS) Shorted Shares Decreased By 0.5%

The stock of Weyco Group Incorporated (NASDAQ:WEYS) registered a decrease of 0.5% in short interest. WEYS’s total short interest was 219,900 shares in September as published by FINRA. Its down 0.5% from 221,000 shares, reported previously. With 13,700 shares average volume, it will take short sellers 16 days to cover their WEYS’s short positions. The short interest to Weyco Group Incorporated’s float is 5.12%. The stock increased 1.09% or $0.29 during the last trading session, hitting $26.83. Weyco Group, Inc. (NASDAQ:WEYS) has risen 0.04% since February 25, 2016 and is uptrending. It has underperformed by 11.22% the S&P500.

Weyco Group, Inc. is engaged in the design and distribution of footwear. The company has a market cap of $284.92 million. The Firm creates and markets footwear for men, women and children. It has a 17.85 P/E ratio. The Firm operates through two divisions: the North American wholesale segment and the North American retail segment (retail).

Insitutional Activity: The institutional sentiment decreased to 0.95 in 2016 Q2. Its down 0.29, from 1.24 in 2016Q1. The ratio turned negative, as 3 funds sold all Weyco Group, Inc. shares owned while 18 reduced positions. 6 funds bought stakes while 14 increased positions. They now own 3.33 million shares or 0.24% less from 3.34 million shares in 2016Q1.

Perritt Capital Management Inc holds 0.94% of its portfolio in Weyco Group, Inc. for 127,905 shares. Salem Investment Counselors Inc owns 121,221 shares or 0.4% of their US portfolio. Moreover, Coldstream Capital Management Inc has 0.12% invested in the company for 24,702 shares. The Wisconsin-based Marietta Investment Partners Llc has invested 0.07% in the stock. Deprince Race & Zollo Inc, a Florida-based fund reported 106,717 shares.

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