Can Chicos Fas Inc (NYSE:CHS)’s Tomorrow be Different? The Stock Had Increase in Shorts

June 27, 2018 - By Kurt Siggers

Investors sentiment increased to 1.35 in 2018 Q1. Its up 0.11, from 1.24 in 2017Q4. It increased, as 15 investors sold Chico's FAS, Inc. shares while 68 reduced holdings. 42 funds opened positions while 70 raised stakes. 119.04 million shares or 1.86% less from 121.29 million shares in 2017Q4 were reported.
Eaton Vance stated it has 0% in Chico's FAS, Inc. (NYSE:CHS). Convergence Invest Limited Liability reported 215 shares or 0% of all its holdings. Gotham Asset Mngmt Ltd Com reported 148,161 shares or 0.02% of all its holdings. Moreover, Natixis L P has 0% invested in Chico's FAS, Inc. (NYSE:CHS). The Connecticut-based Aqr Capital Management Limited has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Texas Permanent School Fund invested in 0.01% or 84,608 shares. Comerica Bancorporation owns 0.01% invested in Chico's FAS, Inc. (NYSE:CHS) for 136,712 shares. Benjamin F Edwards & Inc reported 1,600 shares. Jefferies Group Incorporated Limited Liability holds 23,147 shares. Credit Suisse Ag accumulated 91,437 shares. Metropolitan Life Insurance Com holds 40,115 shares or 0% of its portfolio. M&T National Bank & Trust Corp, a New York-based fund reported 27,994 shares. Pennsylvania-based Glenmede Trust Na has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Skyline Asset Mngmt Ltd Partnership reported 1.43M shares. Voya Invest Management Ltd reported 0% stake.

The stock of Chicos Fas Inc (NYSE:CHS) registered an increase of 14.36% in short interest. CHS’s total short interest was 11.45M shares in June as published by FINRA. Its up 14.36% from 10.01 million shares, reported previously. With 2.64M shares average volume, it will take short sellers 4 days to cover their CHS’s short positions. The short interest to Chicos Fas Inc’s float is 9.29%.

The stock increased 1.76% or $0.15 during the last trading session, reaching $8.68. About 229,157 shares traded. Chico's FAS, Inc. (NYSE:CHS) has risen 4.10% since June 27, 2017 and is uptrending. It has underperformed by 8.47% the S&P500.

ChicoÂ’s FAS, Inc. operates as an omni-channel specialty retailer of womenÂ’s private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company has market cap of $1.12 billion. The company's portfolio of brands consists of the ChicoÂ’s, White House Black Market , and Soma. It has a 11.54 P/E ratio. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

Chico's FAS, Inc. (NYSE:CHS) Ratings Coverage

Among 6 analysts covering Chico’s FAS (NYSE:CHS), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Chico’s FAS has $14.0 highest and $7.5 lowest target. $10.25’s average target is 18.09% above currents $8.68 stock price. Chico’s FAS had 8 analyst reports since January 10, 2018 according to SRatingsIntel. The company was maintained on Friday, June 1 by Morgan Stanley. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, March 1 report. Citigroup maintained the shares of CHS in report on Thursday, May 31 with “Neutral” rating. The firm earned “Buy” rating on Wednesday, February 28 by SunTrust. Nomura maintained Chico's FAS, Inc. (NYSE:CHS) on Monday, March 5 with “Neutral” rating. Jefferies maintained the shares of CHS in report on Wednesday, January 10 with “Hold” rating. The stock of Chico's FAS, Inc. (NYSE:CHS) has “Buy” rating given on Friday, February 2 by SunTrust. As per Thursday, May 31, the company rating was maintained by FBR Capital.

More news for Chico's FAS, Inc. (NYSE:CHS) were recently published by: Seekingalpha.com, which released: “Chico’s: What Now?” on May 31, 2018. Seekingalpha.com‘s article titled: “Solid gains in the mall sector” and published on June 05, 2018 is yet another important article.

Chico's FAS, Inc. (NYSE:CHS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.