Xcel Brands, Inc. (NASDAQ:XELB) Short Interest Up 366.2% in December

Xcel Brands, Inc. (NASDAQ:XELB) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 412,100 shares, an increase of 366.2% from the December 15th total of 88,400 shares. Based on an average daily volume of 123,800 shares, the short-interest ratio is presently 3.3 days. Approximately 2.8% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Xcel Brands in a research report on Friday. They set a “sell” rating on the stock.

Xcel Brands Price Performance

Shares of Xcel Brands stock traded up $0.00 during trading on Monday, reaching $0.45. The company’s stock had a trading volume of 38,893 shares, compared to its average volume of 48,170. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $10.74 million, a P/E ratio of -0.51 and a beta of 1.36. Xcel Brands has a one year low of $0.33 and a one year high of $1.70. The stock has a 50-day moving average price of $0.61 and a two-hundred day moving average price of $0.68.

Xcel Brands (NASDAQ:XELB) last announced its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative net margin of 179.30% and a negative return on equity of 20.74%. As a group, sell-side analysts anticipate that Xcel Brands will post -0.26 EPS for the current fiscal year.

Xcel Brands Company Profile

Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.