Big 5 Sporting Goods Co. (NASDAQ:BGFV) Short Interest Update

Big 5 Sporting Goods Co. (NASDAQ:BGFV) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,700,000 shares, a drop of 8.1% from the November 15th total of 1,850,000 shares. Based on an average daily volume of 229,600 shares, the short-interest ratio is presently 7.4 days. Currently, 8.0% of the shares of the company are short sold.

Big 5 Sporting Goods Stock Performance

Shares of BGFV stock traded up $0.51 on Tuesday, hitting $2.35. The company’s stock had a trading volume of 1,531,489 shares, compared to its average volume of 351,879. Big 5 Sporting Goods has a fifty-two week low of $1.45 and a fifty-two week high of $6.73. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.12 and a current ratio of 1.46. The stock’s 50 day moving average is $1.82 and its 200-day moving average is $2.17. The company has a market capitalization of $53.35 million, a PE ratio of -0.78 and a beta of 2.33.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. RBF Capital LLC acquired a new stake in Big 5 Sporting Goods during the third quarter worth approximately $29,000. Koss Olinger Consulting LLC acquired a new stake in shares of Big 5 Sporting Goods during the 2nd quarter worth $32,000. Virtu Financial LLC bought a new position in shares of Big 5 Sporting Goods in the third quarter worth $35,000. Empowered Funds LLC increased its position in shares of Big 5 Sporting Goods by 5.3% in the third quarter. Empowered Funds LLC now owns 115,117 shares of the company’s stock worth $241,000 after purchasing an additional 5,762 shares during the period. Finally, XTX Topco Ltd raised its stake in Big 5 Sporting Goods by 26.2% in the second quarter. XTX Topco Ltd now owns 82,076 shares of the company’s stock valued at $243,000 after purchasing an additional 17,048 shares in the last quarter. 41.98% of the stock is owned by institutional investors.

About Big 5 Sporting Goods

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.