Big 5 Sporting Goods Co. (NASDAQ:BGFV) Short Interest Down 8.1% in November

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

Big 5 Sporting Goods Price Performance

NASDAQ BGFV opened at $2.33 on Wednesday. The stock has a market capitalization of $52.89 million, a PE ratio of -0.89 and a beta of 2.33. The stock has a 50-day simple moving average of $1.82 and a 200 day simple moving average of $2.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.12 and a current ratio of 1.46. Big 5 Sporting Goods has a twelve month low of $1.45 and a twelve month high of $6.73.

Institutional Investors Weigh In On Big 5 Sporting Goods

Several hedge funds have recently modified their holdings of BGFV. Vanguard Group Inc. increased its position in Big 5 Sporting Goods by 0.7% during the first quarter. Vanguard Group Inc. now owns 1,147,633 shares of the company’s stock worth $4,040,000 after acquiring an additional 8,139 shares during the period. Koss Olinger Consulting LLC bought a new position in shares of Big 5 Sporting Goods during the 2nd quarter worth about $32,000. American Century Companies Inc. raised its position in shares of Big 5 Sporting Goods by 4.9% during the second quarter. American Century Companies Inc. now owns 238,003 shares of the company’s stock valued at $704,000 after buying an additional 11,185 shares during the last quarter. XTX Topco Ltd lifted its stake in shares of 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 buying an additional 17,048 shares during the period. Finally, GSA Capital Partners LLP increased its stake in Big 5 Sporting Goods by 16.1% during the third quarter. GSA Capital Partners LLP now owns 597,872 shares of the company’s stock valued at $1,250,000 after acquiring an additional 83,019 shares during the period. 41.98% of the stock is owned by institutional investors.

Big 5 Sporting Goods Company Profile

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.