Bojangles Incorporated (NASDAQ:BOJA) Shorts Decreased by 3.23% After Short Covering

June 19, 2017 - By Peter Erickson

 Bojangles Incorporated (NASDAQ:BOJA) Shorts Decreased by 3.23% After Short Covering

The stock of Bojangles Incorporated (NASDAQ:BOJA) registered a decrease of 3.23% in short interest. BOJA’s total short interest was 1.38M shares in June as published by FINRA. Its down 3.23% from 1.42 million shares, reported previously. With 479,800 shares average volume, it will take short sellers 3 days to cover their BOJA’s short positions. The short interest to Bojangles Incorporated’s float is 7.85%.

It closed at $16.9 lastly. It is down 4.24% since June 19, 2016 and is uptrending. It has underperformed by 12.46% the S&P500.

Bojangles’, Inc. is a restaurant operator and franchisor. The company has market cap of $622.16 million. The Firm offers food made from its Southern recipes. It has a 17.05 P/E ratio. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

Bojangles Inc (NASDAQ:BOJA) Ratings Coverage

Among 10 analysts covering Bojangles Inc (NASDAQ:BOJA), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Bojangles Inc had 14 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Sector Perform” rating on Thursday, November 5 by RBC Capital Markets. Bank of America upgraded the stock to “Buy” rating in Tuesday, December 22 report. The stock of Bojangles Inc (NASDAQ:BOJA) has “Hold” rating given on Sunday, August 16 by Barclays Capital. The stock of Bojangles Inc (NASDAQ:BOJA) earned “Strong Buy” rating by Craig Hallum on Tuesday, September 20. The firm has “Buy” rating given on Tuesday, July 28 by SunTrust. The stock of Bojangles Inc (NASDAQ:BOJA) has “Overweight” rating given on Monday, September 26 by KeyBanc Capital Markets. The stock of Bojangles Inc (NASDAQ:BOJA) has “Buy” rating given on Friday, March 11 by Jefferies. Jefferies maintained it with “Buy” rating and $21 target in Tuesday, August 9 report. The rating was downgraded by Vetr on Monday, August 10 to “Strong-Buy”. Barclays Capital maintained the shares of BOJA in report on Friday, March 11 with “Equal-Weight” rating.

More notable recent Bojangles Inc (NASDAQ:BOJA) news were published by: Fool.com which released: “Why Bojangles’, Inc. Stock Is Getting Cut Today” on May 03, 2017, also Globenewswire.com with their article: “Bojangles’, Inc. Reports Financial Results for its Fourth Fiscal Quarter and …” published on March 07, 2017, Bizjournals.com published: “EXCLUSIVE: Sneak peek of Bojangles’ new restaurant prototype (PHOTOS)” on May 24, 2017. More interesting news about Bojangles Inc (NASDAQ:BOJA) were released by: Globenewswire.com and their article: “Bojangles’, Inc. to Host Fourth Fiscal Quarter and Fiscal Year 2016 Conference …” published on January 31, 2017 as well as Finance.Yahoo.com‘s news article titled: “Bojangles’® Signs New Restaurant Development Agreement for Washington, DC …” with publication date: April 26, 2017.

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