American Outdoor Brands, Inc. (NASDAQ:AOUT) Short Interest Update

American Outdoor Brands, Inc. (NASDAQ:AOUTGet Rating) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 442,900 shares, an increase of 26.3% from the June 30th total of 350,600 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 184,300 shares, the days-to-cover ratio is currently 2.4 days.

Analyst Upgrades and Downgrades

AOUT has been the subject of a number of recent research reports. Roth Capital started coverage on American Outdoor Brands in a report on Thursday, July 21st. They set a “buy” rating and a $11.00 price objective for the company. B. Riley lowered American Outdoor Brands from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $25.00 to $12.00 in a report on Tuesday, June 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AOUT. Allspring Global Investments Holdings LLC bought a new stake in shares of American Outdoor Brands in the fourth quarter worth about $139,000. JBF Capital Inc. lifted its holdings in shares of American Outdoor Brands by 26.7% during the fourth quarter. JBF Capital Inc. now owns 9,500 shares of the company’s stock valued at $189,000 after purchasing an additional 2,000 shares during the last quarter. Eidelman Virant Capital purchased a new position in shares of American Outdoor Brands during the fourth quarter valued at approximately $200,000. HighTower Advisors LLC purchased a new position in shares of American Outdoor Brands during the fourth quarter valued at approximately $201,000. Finally, Engineers Gate Manager LP purchased a new position in American Outdoor Brands in the 1st quarter worth approximately $157,000. 77.36% of the stock is owned by institutional investors.

American Outdoor Brands Trading Down 4.6 %

NASDAQ AOUT opened at $7.54 on Tuesday. The stock’s 50-day simple moving average is $9.80 and its two-hundred day simple moving average is $12.85. American Outdoor Brands has a twelve month low of $7.47 and a twelve month high of $29.89. The company has a quick ratio of 2.15, a current ratio of 6.66 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $101.44 million, a price-to-earnings ratio of -1.55 and a beta of 0.30.

American Outdoor Brands Company Profile

(Get Rating)

American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. The company offers hunting, fishing, camping, shooting, and personal security and defense products. Its products include shooting supplies, rests, vaults, and other related accessories; lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; electro-optical devices comprising hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products.

Further Reading

Receive News & Ratings for American Outdoor Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands and related companies with MarketBeat.com's FREE daily email newsletter.