Xcel Brands, Inc. (NASDAQ:XELB – Get Rating) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, a decrease of 61.8% from the January 31st total of 3,400 shares. Based on an average trading volume of 13,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Xcel Brands Trading Up 14.1 %
Shares of NASDAQ:XELB opened at $0.89 on Wednesday. The company has a 50 day moving average of $0.79 and a 200-day moving average of $0.90. The firm has a market cap of $17.46 million, a P/E ratio of -3.42 and a beta of 1.47. Xcel Brands has a twelve month low of $0.67 and a twelve month high of $1.99.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Xcel Brands in a research note on Saturday. They issued a “sell” rating for the company.
Institutional Trading of Xcel Brands
Xcel Brands Company Profile
XCel Brands, Inc is a media and brand management company, which engages in the design, production, marketing, live streaming, wholesale distribution, and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products and the acquisition of consumer lifestyle brands.
- Get a free copy of the StockNews.com research report on Xcel Brands (XELB)
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