Is Ascena Retail Group Inc (NASDAQ:ASNA)’s Fuel Running Low? Reports Show More Sellers

April 18, 2018 - By Stephen Andrade

Ascena Retail Group, Inc. (NASDAQ:ASNA) Logo

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.02, from 1.16 in 2017Q3. It is positive, as 17 investors sold Ascena Retail Group, Inc. shares while 50 reduced holdings. 32 funds opened positions while 47 raised stakes. 172.72 million shares or 3.19% less from 178.41 million shares in 2017Q3 were reported.
Ngam L P reported 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Amalgamated State Bank holds 25,214 shares or 0% of its portfolio. 211,903 were accumulated by Great West Life Assurance Co Can. California State Teachers Retirement Systems reported 315,153 shares stake. Stoneridge Investment Partners Ltd Liability Corporation owns 0.01% invested in Ascena Retail Group, Inc. (NASDAQ:ASNA) for 18,367 shares. Raymond James Advsrs Incorporated reported 0% in Ascena Retail Group, Inc. (NASDAQ:ASNA). Citadel Ltd Limited Liability Company stated it has 19,297 shares or 0% of all its holdings. Assetmark accumulated 53 shares. 16,548 were accumulated by Shelton Capital Mngmt. Bnp Paribas Arbitrage has 98,106 shares. Gotham Asset Mngmt Llc reported 61,884 shares. Systematic Management Limited Partnership holds 0.02% or 502,240 shares. Deutsche Bancorporation Ag holds 571,738 shares or 0% of its portfolio. Quinn Opportunity Prtnrs Ltd Liability Corp holds 0.02% or 43,694 shares in its portfolio. 231,068 are held by Alliancebernstein Limited Partnership.

The stock of Ascena Retail Group Inc (NASDAQ:ASNA) registered an increase of 6.27% in short interest. ASNA’s total short interest was 40.96 million shares in April as published by FINRA. Its up 6.27% from 38.55 million shares, reported previously. With 1.92 million shares average volume, it will take short sellers 21 days to cover their ASNA’s short positions. The short interest to Ascena Retail Group Inc’s float is 34.34%.

The stock increased 3.56% or $0.08 during the last trading session, reaching $2.33. About 453,318 shares traded. Ascena Retail Group, Inc. (NASDAQ:ASNA) has declined 47.27% since April 18, 2017 and is downtrending. It has underperformed by 58.82% the S&P500.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company has market cap of $446.86 million. The firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It currently has negative earnings. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Ratings Coverage

Among 5 analysts covering Ascena Retail Group (NASDAQ:ASNA), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Ascena Retail Group had 6 analyst reports since November 13, 2017 according to SRatingsIntel. On Monday, November 13 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock has “Hold” rating by FBR Capital on Tuesday, December 5. The stock of Ascena Retail Group, Inc. (NASDAQ:ASNA) has “Hold” rating given on Thursday, November 16 by KeyBanc Capital Markets. The stock has “Hold” rating by FBR Capital on Tuesday, March 6. The rating was maintained by B. Riley & Co on Tuesday, March 6 with “Neutral”.

Ascena Retail Group, Inc. (NASDAQ:ASNA) Ratings Chart

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