What’s Next for Urban Outfitters Inc (NASDAQ:URBN) After Having Less Shares Shorted?

March 14, 2018 - By Michael Collier

 What's Next for Urban Outfitters Inc (NASDAQ:URBN) After Having Less Shares Shorted?

Investors sentiment decreased to 0.6 in Q3 2017. Its down 0.22, from 0.82 in 2017Q2. It turned negative, as 37 investors sold Urban Outfitters, Inc. shares while 88 reduced holdings. 37 funds opened positions while 38 raised stakes. 90.14 million shares or 4.11% less from 94.01 million shares in 2017Q2 were reported.
Ing Groep Nv holds 9,954 shares. Moreover, Dean Investment Assoc Llc has 0.49% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 135,555 shares. Jane Street Group Incorporated Limited Com owns 51,787 shares or 0% of their US portfolio. Moreover, Howe And Rusling has 0% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 438 shares. Barclays Public Ltd Company holds 0% in Urban Outfitters, Inc. (NASDAQ:URBN) or 122,986 shares. Mutual Of America Capital Mgmt Lc, New York-based fund reported 64,295 shares. Virtu Fincl Ltd reported 13,433 shares or 0% of all its holdings. Amalgamated Bankshares holds 0.01% or 16,372 shares in its portfolio. 29,631 are owned by Hsbc Holdg Public Ltd Com. Minnesota-based Advantus Capital Mngmt Inc has invested 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN). American Interest Grp Inc holds 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 166,272 shares. Vident Invest Advisory Ltd Liability Com accumulated 0.18% or 137,358 shares. Blackrock holds 9.48M shares. Great Lakes Advsr Ltd Co, Illinois-based fund reported 154,669 shares. Brinker Cap has 0.01% invested in Urban Outfitters, Inc. (NASDAQ:URBN).

The stock of Urban Outfitters Inc (NASDAQ:URBN) registered a decrease of 2.01% in short interest. URBN’s total short interest was 9.28M shares in March as published by FINRA. Its down 2.01% from 9.47M shares, reported previously. With 2.00 million shares average volume, it will take short sellers 5 days to cover their URBN’s short positions. The short interest to Urban Outfitters Inc’s float is 11.95%.

The stock decreased 1.02% or $0.36 during the last trading session, reaching $35.1. About 836,215 shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has declined 30.56% since March 14, 2017 and is downtrending. It has underperformed by 47.26% the S&P500.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company has market cap of $3.80 billion. It operates through two divisions, Retail and Wholesale. It has a 36.56 P/E ratio. The firm retails women??s and men??s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear, and electronics for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including women??s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand.

Urban Outfitters, Inc. (NASDAQ:URBN) Ratings Coverage

Among 38 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 15 have Buy rating, 3 Sell and 20 Hold. Therefore 39% are positive. Urban Outfitters Inc. had 134 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Monday, September 18 with “Hold” rating. The firm earned “Neutral” rating on Wednesday, August 17 by Wedbush. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 17. On Tuesday, February 27 the stock rating was maintained by B. Riley & Co with “Neutral”. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Market Perform” rating given on Tuesday, November 21 by BMO Capital Markets. The stock has “Buy” rating by Buckingham Research on Thursday, March 8. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Buy” rating given on Tuesday, November 15 by Citigroup. The firm has “Neutral” rating given on Wednesday, August 17 by Credit Suisse. On Tuesday, November 17 the stock rating was maintained by Mizuho with “Neutral”. Jefferies maintained the stock with “Buy” rating in Wednesday, August 17 report.

More notable recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Investorplace.com which released: “Urban Outfitters, Inc. Stock Is a Hard Pass on Latest Earnings Dip” on March 09, 2018, also Investorplace.com with their article: “Urban Outfitters, Inc. (URBN) Hit Hard by Tax Charge in Q4” published on March 06, 2018, Nasdaq.com published: “Earnings Reaction History: Urban Outfitters, Inc., 63.6% Follow-Through …” on March 06, 2018. More interesting news about Urban Outfitters, Inc. (NASDAQ:URBN) were released by: Seekingalpha.com and their article: “Delivery expenses whack Urban Outfitters” published on March 06, 2018 as well as Zacks.com‘s news article titled: “Urban Outfitters (URBN) Q4 Earnings Beat Fails to Lift Stock” with publication date: March 07, 2018.

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