Cato Corporation (NYSE:CATO) Stock Is Shorted Less

January 14, 2018 - By Vivian Park

 Cato Corporation (NYSE:CATO) Stock Is Shorted Less

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.24, from 1.4 in 2017Q2. It is negative, as 14 investors sold The Cato Corporation shares while 44 reduced holdings. 25 funds opened positions while 42 raised stakes. 19.76 million shares or 4.48% less from 20.68 million shares in 2017Q2 were reported.
Jpmorgan Chase And Communications holds 363,181 shares or 0% of its portfolio. 220,093 were reported by Schroder Invest Mngmt Group. Teachers Retirement Of The State Of Kentucky holds 0% or 8,300 shares. Citigroup reported 0% in The Cato Corporation (NYSE:CATO). The Pennsylvania-based Stevens Management Lp has invested 0.01% in The Cato Corporation (NYSE:CATO). Aqr Cap Management Lc stated it has 0% in The Cato Corporation (NYSE:CATO). Brown Advisory Incorporated has 0.02% invested in The Cato Corporation (NYSE:CATO) for 374,989 shares. Lsv Asset holds 67,700 shares. Morgan Stanley has 610,207 shares. Schwab Charles holds 0% or 348,927 shares in its portfolio. Sei Investments reported 0% in The Cato Corporation (NYSE:CATO). Dean Capital reported 0.71% stake. Hotchkis Wiley Capital Limited Liability Corp, California-based fund reported 13,928 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in The Cato Corporation (NYSE:CATO) for 838 shares. Thrivent Fincl For Lutherans, Minnesota-based fund reported 14,420 shares.

The stock of Cato Corporation (NYSE:CATO) registered a decrease of 5% in short interest. CATO’s total short interest was 1.48M shares in January as published by FINRA. Its down 5% from 1.55M shares, reported previously. With 293,300 shares average volume, it will take short sellers 5 days to cover their CATO’s short positions. The short interest to Cato Corporation’s float is 6.29%.

The stock decreased 1.21% or $0.17 during the last trading session, reaching $13.85. About 175,624 shares traded. The Cato Corporation (NYSE:CATO) has declined 41.89% since January 14, 2017 and is downtrending. It has underperformed by 58.59% the S&P500.

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories in the southeastern United States. The company has market cap of $335.21 million. It operates through two divisions, Retail and Credit. It has a 32.36 P/E ratio. The companyÂ’s stores and e-commerce Website offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags for women.

More notable recent The Cato Corporation (NYSE:CATO) news were published by: Bizjournals.com which released: “EXCLUSIVE: Lincoln Harris, Cato plan major mixed-use project on former Knights …” on February 09, 2017, also Seekingalpha.com with their article: “Ben Graham Would Love Cato Corp. – Wouldn’t He?” published on February 09, 2017, Streetinsider.com published: “Cato Corp. (CATO) Reports December Same-Store Sales Fall 9%” on January 04, 2018. More interesting news about The Cato Corporation (NYSE:CATO) were released by: Realmoney.Thestreet.com and their article: “Fashion Retailer Cato Corp. Isn’t Dressed for Success” published on January 05, 2018 as well as Seekingalpha.com‘s news article titled: “Can Cato Corporation Get Back To $30 A Share?” with publication date: January 09, 2017.

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