Winmark Co. (NASDAQ:WINA) Short Interest Up 27.8% in December

Winmark Co. (NASDAQ:WINA – Get Rating) was the recipient of a significant increase in short interest in December. As of December 30th, there was short interest totalling 39,100 shares, an increase of 27.8% from the December 15th total of 30,600 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is presently 2.4 days. Approximately 1.4% of the company’s stock are sold short.

Institutional Trading of Winmark

A number of hedge funds and other institutional investors have recently bought and sold shares of WINA. Tower Research Capital LLC TRC increased its holdings in Winmark by 91.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 132 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 63 shares during the period. Lazard Asset Management LLC bought a new stake in Winmark during the 1st quarter worth approximately $47,000. Gladius Capital Management LP bought a new stake in Winmark during the 2nd quarter worth approximately $64,000. Ronald Blue Trust Inc. bought a new stake in Winmark during the 2nd quarter worth approximately $66,000. Finally, Amalgamated Bank bought a new stake in Winmark during the 1st quarter worth approximately $103,000. Institutional investors own 65.92% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Winmark from a “hold” rating to a “buy” rating in a research note on Wednesday.

Winmark Trading Up 2.0 %

Shares of WINA stock opened at $264.14 on Friday. The firm’s 50 day moving average is $243.14 and its 200 day moving average is $230.35. The stock has a market capitalization of $908.11 million, a P/E ratio of 23.56 and a beta of 0.75. Winmark has a 12 month low of $183.93 and a 12 month high of $264.84.

Winmark Company Profile

(Get Rating)

Winmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names.