Short Interest in Supreme Industries, Inc. (STS) Expands By 30.3%
Supreme Industries, Inc. (NYSE:STS) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 732,962 shares, an increase of 30.3% from the September 15th total of 562,614 shares. Based on an average daily volume of 513,488 shares, the days-to-cover ratio is presently 1.4 days. Currently, 5.4% of the company’s shares are sold short.
In other news, insider William J. Barrett sold 44,666 shares of the stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $17.84, for a total transaction of $796,841.44. Following the completion of the transaction, the insider now directly owns 471,340 shares in the company, valued at approximately $8,408,705.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider William J. Barrett sold 10,000 shares of the stock in a transaction on Thursday, September 29th. The stock was sold at an average price of $19.13, for a total value of $191,300.00. Following the transaction, the insider now owns 503,452 shares of the company’s stock, valued at $9,631,036.76. The disclosure for this sale can be found here.
Supreme Industries (NYSE:STS) traded down 0.91% during trading on Tuesday, hitting $18.51. The stock had a trading volume of 117,789 shares. The firm has a market cap of $315.06 million and a price-to-earnings ratio of 16.97. The stock’s 50-day moving average is $17.92 and its 200 day moving average is $14.31. Supreme Industries has a one year low of $5.40 and a one year high of $19.83.
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Supreme Industries (NYSE:STS) last issued its quarterly earnings data on Thursday, July 21st. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.16. The firm had revenue of $92.90 million for the quarter, compared to analyst estimates of $89.12 million. Equities analysts anticipate that Supreme Industries will post $1.18 earnings per share for the current year.
Supreme Industries Company Profile
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies, trolleys and specialty vehicles. The Company operates through two segments, which include specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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