Short Interest in Lands’ End, Inc. (NASDAQ:LE) Expands By 12.6%

Lands’ End, Inc. (NASDAQ:LE – Get Rating) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 1,110,000 shares, a growth of 12.6% from the February 13th total of 985,700 shares. Currently, 8.6% of the company’s stock are sold short. Based on an average trading volume of 214,000 shares, the days-to-cover ratio is currently 5.2 days.

Lands’ End Stock Up 1.6 %

Shares of NASDAQ LE opened at $6.91 on Thursday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 1.92. Lands’ End has a 1 year low of $6.31 and a 1 year high of $21.12. The stock’s 50-day simple moving average is $8.23 and its 200-day simple moving average is $8.92. The firm has a market cap of $228.03 million, a price-to-earnings ratio of -98.70 and a beta of 2.83.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Craig Hallum decreased their target price on Lands’ End to $9.00 in a research report on Friday, December 2nd. StockNews.com downgraded shares of Lands’ End from a “hold” rating to a “sell” rating in a research report on Friday, December 2nd. Telsey Advisory Group dropped their price objective on shares of Lands’ End to $14.00 in a research note on Friday, December 2nd. Finally, TheStreet downgraded shares of Lands’ End from a “c” rating to a “d+” rating in a research note on Monday, December 5th.

Institutional Investors Weigh In On Lands’ End

Hedge funds have recently bought and sold shares of the business. Barclays PLC grew its holdings in Lands’ End by 533.7% during the 4th quarter. Barclays PLC now owns 4,100 shares of the company’s stock worth $31,000 after acquiring an additional 3,453 shares in the last quarter. UBS Group AG lifted its position in shares of Lands’ End by 107.8% during the fourth quarter. UBS Group AG now owns 5,389 shares of the company’s stock worth $41,000 after purchasing an additional 2,796 shares during the last quarter. Cubist Systematic Strategies LLC grew its stake in Lands’ End by 807.5% in the third quarter. Cubist Systematic Strategies LLC now owns 8,086 shares of the company’s stock worth $62,000 after purchasing an additional 7,195 shares in the last quarter. Levin Capital Strategies L.P. bought a new stake in Lands’ End in the fourth quarter valued at about $76,000. Finally, Royal Bank of Canada raised its stake in Lands’ End by 11.3% during the third quarter. Royal Bank of Canada now owns 11,067 shares of the company’s stock valued at $85,000 after buying an additional 1,125 shares in the last quarter. Institutional investors and hedge funds own 37.42% of the company’s stock.

About Lands’ End

(Get Rating)

Lands’ End, Inc is a multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. It operates through the following segments: US eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, Third Party, and Retail. The company was founded by Gary C. Comer in 1963 and is headquartered in Dodgeville, WI.