Is Buying Bmc Stock Holdings Incorporated (NASDAQ:BMCH), Having Higher Short Interest a Winning Strategy?

September 17, 2017 - By Clifton Ray

 Is Buying Bmc Stock Holdings Incorporated (NASDAQ:BMCH), Having Higher Short Interest a Winning Strategy?

The stock of Bmc Stock Holdings Incorporated (NASDAQ:BMCH) registered an increase of 10.46% in short interest. BMCH’s total short interest was 3.42 million shares in September as published by FINRA. Its up 10.46% from 3.10 million shares, reported previously. With 642,400 shares average volume, it will take short sellers 5 days to cover their BMCH’s short positions. The short interest to Bmc Stock Holdings Incorporated’s float is 5.7%.

It closed at $20.95 lastly. It is up 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

BMC Stock Holdings, Inc. is a provider of building services and products in the United States residential construction market. The company has market cap of $1.40 billion. The Company’s divisions include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. It has a 34.35 P/E ratio. The Company’s product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

More notable recent BMC Stock Holdings Inc (NASDAQ:BMCH) news were published by: Zacks.com which released: “Weakness Seen in BMC Stock Holdings (BMCH) Estimates: Should You Stay Away …” on August 24, 2017, also Globenewswire.com with their article: “BMC Names Lanesha Minnix Senior Vice President and General Counsel” published on May 01, 2017, Globenewswire.com published: “BMC Enhances Its Value-Added Offerings With Two Strategic Acquisitions” on April 04, 2017. More interesting news about BMC Stock Holdings Inc (NASDAQ:BMCH) were released by: Globenewswire.com and their article: “BMC Names Michael McGaugh Chief Operating Officer” published on January 19, 2017 as well as Seekingalpha.com‘s news article titled: “BMC Stock Holdings’ (BMCH) CEO Peter Alexander on Q2 2017 Results – Earnings …” with publication date: August 03, 2017.

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