Kidpik Corp. (NASDAQ:PIK) Sees Significant Decrease in Short Interest

Kidpik Corp. (NASDAQ:PIK) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 15,400 shares, a decline of 65.0% from the March 31st total of 44,000 shares. Based on an average trading volume of 1,160,000 shares, the short-interest ratio is currently 0.0 days. Currently, 4.1% of the company’s shares are short sold.

Kidpik Stock Performance

Shares of PIK traded down $0.11 during midday trading on Thursday, hitting $4.06. The stock had a trading volume of 56,970 shares, compared to its average volume of 942,360. The company has a 50 day simple moving average of $3.71 and a two-hundred day simple moving average of $2.71. Kidpik has a twelve month low of $1.55 and a twelve month high of $10.70.

Kidpik (NASDAQ:PIK) last released its quarterly earnings results on Wednesday, April 10th. The company reported ($2.14) earnings per share (EPS) for the quarter. The firm had revenue of $3.37 million during the quarter. Kidpik had a negative net margin of 69.56% and a negative return on equity of 216.42%.

About Kidpik

Kidpik Corp. operates as a subscription-based e-commerce company that sells kids apparel, footwear, and accessories. It offers apparel, including tops, bottoms, cardigans, jackets, dresses, and swimwear in knit and woven fabrications; shoes, such as sneakers, boots, sandals, and dress shoes; and accessories comprising sunglasses, jewelry, bags, socks, hats, hair goods, and other items.