Birks Group Inc (NYSEAMERICAN:BGI) on Focus After Report of Less Shorts

The stock of Birks Group Inc (NYSEAMERICAN:BGI) registered a decrease of 36.95% in short interest. BGI’s total short interest was 21,500 shares in December as published by FINRA. Its down 36.95% from 34,100 shares, reported previously. With 8,400 shares average volume, it will take short sellers 3 days to cover their BGI’s short positions. The short interest to Birks Group Inc’s float is 0.5%.

The stock decreased 3.04% or $0.0361 during the last trading session, reaching $1.1527. About 3,363 shares traded. Birks Group Inc. (NYSEAMERICAN:BGI) has declined 33.50% since December 6, 2017 and is downtrending. It has underperformed by 49.12% the S&P500.

Birks Group Inc. designs, develops, produces, and retails fine jewelry, timepieces, sterling and plated silverware, and gifts in the United States and Canada. The company has market cap of $20.70 million. It operates in two divisions, Retail and Other. It has a 3.24 P/E ratio. The firm offers designed products, as well as various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, charms, and pearls.

Another recent and important Birks Group Inc. (NYSEAMERICAN:BGI) news was published by 247Wallst.com which published an article titled: “Top Analyst Upgrades and Downgrades: Abbott Labs, Apple, Apptio, Cheniere, First Solar, Kratos, Smartsheet, UPS, Waste Management and More – 24/7 Wall St.” on December 04, 2018.

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