Bon Ton Stores Incorporated (NASDAQ:BONT) Has Decline in Shorts

September 17, 2017 - By Hazel Jackson

 Bon Ton Stores Incorporated (NASDAQ:BONT) Has Decline in Shorts

Investors sentiment increased to 0.8 in Q4 2016. Its up 0.04, from 0.76 in 2016Q3. It increased, as 4 investors sold Bon-Ton Stores Inc shares while 11 reduced holdings. 4 funds opened positions while 8 raised stakes. 5.93 million shares or 4.01% less from 6.18 million shares in 2016Q3 were reported.
Teton Advisors Inc accumulated 228,000 shares. California Pub Employees Retirement accumulated 81,499 shares or 0% of the stock. 111,186 were reported by Goldman Sachs. Brigade Ltd Partnership holds 0.1% or 1.72 million shares. The California-based Blackrock Fund has invested 0% in Bon-Ton Stores Inc (NASDAQ:BONT). Morgan Stanley invested in 19,885 shares. Invesco Ltd holds 0% or 175,219 shares in its portfolio. The New York-based Sg Americas Secs Limited Liability Corporation has invested 0% in Bon-Ton Stores Inc (NASDAQ:BONT). 323 were accumulated by Deutsche Commercial Bank Ag. Price T Rowe Associate Inc Md stated it has 14,200 shares. Geode Capital Mngmt holds 72,785 shares. 518,099 were accumulated by Vanguard Gru. 49,354 were accumulated by Stifel Fin. Gamco Investors Et Al has 568,000 shares. Blackrock Invest Mngmt Ltd Llc holds 2,748 shares.

The stock of Bon Ton Stores Incorporated (NASDAQ:BONT) registered a decrease of 1.03% in short interest. BONT’s total short interest was 1.65M shares in September as published by FINRA. Its down 1.03% from 1.66M shares, reported previously. With 299,700 shares average volume, it will take short sellers 6 days to cover their BONT’s short positions. The short interest to Bon Ton Stores Incorporated’s float is 19.94%.

The stock decreased 2.50% or $0.012 on September 15, reaching $0.463. About 223,953 shares traded. Bon-Ton Stores Inc (NASDAQ:BONT) has declined 58.54% since September 17, 2016 and is downtrending. It has underperformed by 75.24% the S&P500.

The Bon-Ton Stores, Inc. is a department store operator. The company has market cap of $9.97 million. The Firm operates through two divisions: stores and eCommerce . It currently has negative earnings. The Firm offers a range of brand-name fashion apparel and accessories for women, men and children.

Bon-Ton Stores Inc (NASDAQ:BONT) Ratings Coverage

Among 4 analysts covering Bon-Ton Stores (NASDAQ:BONT), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Bon-Ton Stores had 7 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Credit Suisse given on Friday, April 15. The stock of Bon-Ton Stores Inc (NASDAQ:BONT) has “Underperform” rating given on Friday, August 21 by Telsey Advisory Group. The stock has “Underperform” rating by Telsey Advisory Group on Friday, November 20. The rating was downgraded by Imperial Capital on Tuesday, September 1 to “Hold”. Wesley Advisory Group maintained Bon-Ton Stores Inc (NASDAQ:BONT) on Friday, August 21 with “Underperform” rating. As per Friday, August 21, the company rating was upgraded by Zacks.

More notable recent Bon-Ton Stores Inc (NASDAQ:BONT) news were published by: Reuters.com which released: “Department store operator Bon-Ton turns to turnaround advisers -sources” on August 31, 2017, also Jsonline.com with their article: “Bon-Ton posts another annual loss, will close 4 to 6 stores” published on March 14, 2017, Jsonline.com published: “Bon-Ton selling Minnesota mall property amid financial struggles” on September 14, 2017. More interesting news about Bon-Ton Stores Inc (NASDAQ:BONT) were released by: Jsonline.com and their article: “Bon-Ton Stores posts larger quarterly loss as sales decline 9.3%” published on May 18, 2017 as well as Jsonline.com‘s news article titled: “Bon-Ton Stores Inc. to hire 10000 holiday season workers” with publication date: September 15, 2017.

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