What’s Five Below Incorporated (NASDAQ:FIVE) Upside After This Short Interest Increase?

January 19, 2018 - By Migdalia James

 What's Five Below Incorporated (NASDAQ:FIVE) Upside After This Short Interest Increase?

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.02, from 1.19 in 2017Q2. It is positive, as 29 investors sold Five Below, Inc. shares while 75 reduced holdings. 38 funds opened positions while 88 raised stakes. 59.77 million shares or 0.41% less from 60.02 million shares in 2017Q2 were reported.
Louisiana State Employees Retirement System invested in 0.06% or 22,400 shares. 77,483 were reported by Us Commercial Bank De. Cap Research Glob Investors holds 2.92 million shares or 0.05% of its portfolio. Aperio Gp Limited Com owns 12,080 shares for 0% of their portfolio. 30,817 were reported by Ny State Teachers Retirement Systems. Tci Wealth Advsr stated it has 74 shares or 0% of all its holdings. Paloma Prtn Mgmt owns 21,951 shares or 0.02% of their US portfolio. Fred Alger Inc reported 48,189 shares. Van Hulzen Asset Mgmt accumulated 38,440 shares. Fmr Lc invested 0% of its portfolio in Five Below, Inc. (NASDAQ:FIVE). Great West Life Assurance Can, Manitoba – Canada-based fund reported 75,401 shares. Bluecrest Capital Mngmt has 0.04% invested in Five Below, Inc. (NASDAQ:FIVE). Winfield Assocs invested in 117 shares or 0% of the stock. Iberiabank has invested 0.18% in Five Below, Inc. (NASDAQ:FIVE). 42,618 were accumulated by Nordea Inv Ab.

Since September 29, 2017, it had 0 insider buys, and 3 selling transactions for $10.21 million activity. Vellios Thomas sold $7.86 million worth of Five Below, Inc. (NASDAQ:FIVE) on Friday, September 29. The insider SPECTER ERIC M sold 15,000 shares worth $1.01 million.

The stock of Five Below Incorporated (NASDAQ:FIVE) registered an increase of 2.8% in short interest. FIVE’s total short interest was 7.59M shares in January as published by FINRA. Its up 2.8% from 7.38 million shares, reported previously. With 1.17 million shares average volume, it will take short sellers 7 days to cover their FIVE’s short positions. The short interest to Five Below Incorporated’s float is 14.22%.

The stock decreased 0.01% or $0.01 during the last trading session, reaching $66.79. About 668,832 shares traded. Five Below, Inc. (NASDAQ:FIVE) has risen 35.78% since January 19, 2017 and is uptrending. It has outperformed by 19.08% the S&P500.

Five Below, Inc. operates as a specialty value retailer in the United States. The company has market cap of $3.69 billion. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, pillows, candles, incense, and related items, as well as provides storage options for the customerÂ’s room and locker. It has a 43.77 P/E ratio. The firm also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories.

Five Below, Inc. (NASDAQ:FIVE) Ratings Coverage

Among 19 analysts covering Five Below (NASDAQ:FIVE), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Five Below had 53 analyst reports since September 3, 2015 according to SRatingsIntel. Jefferies maintained Five Below, Inc. (NASDAQ:FIVE) on Wednesday, August 23 with “Buy” rating. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, November 17. The stock of Five Below, Inc. (NASDAQ:FIVE) earned “Buy” rating by Deutsche Bank on Thursday, September 3. The company was maintained on Friday, June 3 by Stifel Nicolaus. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, July 5. The company was initiated on Wednesday, December 7 by Loop Capital. As per Friday, December 1, the company rating was maintained by UBS. The stock of Five Below, Inc. (NASDAQ:FIVE) earned “Hold” rating by Deutsche Bank on Friday, December 4. The firm has “Buy” rating by Longbow given on Wednesday, October 26. The firm has “Buy” rating given on Friday, June 3 by UBS.

More important recent Five Below, Inc. (NASDAQ:FIVE) news were published by: Globenewswire.com which released: “Five Below, Inc. Announces Participation in 2018 ICR Conference” on December 21, 2017, also Fool.com published article titled: “Why Five Below Inc. Stock Dropped Today”, Reuters.com published: “BRIEF-Five Below Inc Announces Holiday Sales Results For Quarter-To-Date …” on January 08, 2018. More interesting news about Five Below, Inc. (NASDAQ:FIVE) was released by: Investorplace.com and their article: “Is Five Below Inc (FIVE) a Great Growth Stock?” with publication date: January 08, 2018.

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