Cache Short Interest Up 34.3% in June (CACH)
Shares of Cache (NASDAQ:CACH) saw a significant growth in short interest during the month of June. As of June 13th, there was short interest totalling 2,071,525 shares, a growth of 34.3% from the May 30th total of 1,542,735 shares, Stock Ratings Network.com reports. Based on an average daily trading volume, of 523,288 shares, the short-interest ratio is presently 4.0 days. Approximately 7.6% of the company’s stock are short sold.
Shares of Cache (NASDAQ:CACH) opened at 1.62 on Thursday. Cache has a 52 week low of $1.15 and a 52 week high of $6.83. The stock’s 50-day moving average is $1.67 and its 200-day moving average is $3.60. The company’s market cap is $34.2 million.
Cache (NASDAQ:CACH) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.08. On average, analysts predict that Cache will post $-1.11 earnings per share for the current fiscal year.
Cache, Inc is a nationwide, mall-based specialty retailer of lifestyle sportswear and dresses targeting style-conscious women.
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