What’s Propelling Papa Johns International Inc (NASDAQ:PZZA) After Higher Shorts Reported?

Papa John's International, Inc. (NASDAQ:PZZA) Logo

Investors sentiment increased to 0.8 in 2018 Q2. Its up 0.15, from 0.65 in 2018Q1. It improved, as 34 investors sold Papa John's International, Inc. shares while 68 reduced holdings. 39 funds opened positions while 43 raised stakes. 25.11 million shares or 11.51% less from 28.37 million shares in 2018Q1 were reported.
Fincl Bank Of America Corp De accumulated 27,456 shares. 13,162 were reported by State Of Tennessee Treasury Department. The New York-based Blackrock Incorporated has invested 0.01% in Papa John's International, Inc. (NASDAQ:PZZA). Northern Trust Corporation owns 390,797 shares for 0.01% of their portfolio. Envestnet Asset Mgmt owns 909 shares. Texas Permanent School Fund reported 15,168 shares. Oz Ltd Partnership reported 0.01% of its portfolio in Papa John's International, Inc. (NASDAQ:PZZA). Alps Advisors invested in 0% or 5,778 shares. The California-based Aperio Gru Limited Liability Corporation has invested 0% in Papa John's International, Inc. (NASDAQ:PZZA). The New York-based Millennium Mngmt Ltd Limited Liability Company has invested 0.05% in Papa John's International, Inc. (NASDAQ:PZZA). Schwab Charles Inv Mgmt Inc owns 120,830 shares. Louisiana State Employees Retirement System holds 6,300 shares. Voya Mngmt Lc reported 0% stake. Brandywine Glob Inv Lc stated it has 88,618 shares or 0.03% of all its holdings. 13,430 were reported by Great West Life Assurance Can.

The stock of Papa Johns International Inc (NASDAQ:PZZA) registered an increase of 5.37% in short interest. PZZA’s total short interest was 5.11M shares in December as published by FINRA. Its up 5.37% from 4.85 million shares, reported previously. With 1.71 million shares average volume, it will take short sellers 3 days to cover their PZZA’s short positions. The short interest to Papa Johns International Inc’s float is 23.48%.

The stock decreased 1.62% or $0.74 during the last trading session, reaching $45.08. About 920,196 shares traded. Papa John's International, Inc. (NASDAQ:PZZA) has declined 38.07% since December 8, 2017 and is downtrending. It has underperformed by 53.69% the S&P500.

Papa JohnÂ’s International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa JohnÂ’s trademark in the United States and internationally. The company has market cap of $1.42 billion. It operates through five divisions: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others. It has a 34.07 P/E ratio. The firm also operates dine-in and delivery restaurants.

Papa John's International, Inc. (NASDAQ:PZZA) Ratings Coverage

Among 4 analysts covering Papa John’s International (NASDAQ:PZZA), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Papa John’s International had 9 analyst reports since June 19, 2018 according to SRatingsIntel. Citigroup maintained Papa John's International, Inc. (NASDAQ:PZZA) on Tuesday, June 19 with “Buy” rating. The company was maintained on Thursday, October 11 by Stifel Nicolaus. Stifel Nicolaus downgraded the shares of PZZA in report on Monday, July 23 to “Sell” rating. The firm has “Sell” rating by Stifel Nicolaus given on Wednesday, August 8. Jefferies upgraded the stock to “Buy” rating in Wednesday, August 1 report. The company was upgraded on Wednesday, August 15 by Stifel Nicolaus. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, November 28. The stock has “Buy” rating by Longbow on Monday, August 13. Citigroup maintained Papa John's International, Inc. (NASDAQ:PZZA) on Monday, November 12 with “Buy” rating.

More notable recent Papa John's International, Inc. (NASDAQ:PZZA) news were published by: 247Wallst.com which released: “Are There Bidders for a Papa John’s Auction? – 24/7 Wall St.” on September 27, 2018, also Investorplace.com with their article: “3 Big Stock Charts for Wednesday: Delta Air Lines, Amgen and Mondelez International – Investorplace.com” published on November 28, 2018, Nasdaq.com published: “IUSG’s Underlying Holdings Imply 14% Gain Potential – Nasdaq” on November 29, 2018. More interesting news about Papa John's International, Inc. (NASDAQ:PZZA) were released by: Seekingalpha.com and their article: “Pizza Hut makes a strong online play – Seeking Alpha” published on December 05, 2018 as well as Nasdaq.com‘s news article titled: “Papa John’s International, Inc. (PZZA) Ex-Dividend Date Scheduled for May 11, 2018 – Nasdaq” with publication date: May 10, 2018.

Papa John's International, Inc. (NASDAQ:PZZA) Institutional Positions Chart

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