Traders are feeling more bearish on shares of Weight Watchers International I lately looking at the uptick in short interest. The firm had a rise in short interest between September 15, 2017 and September 29, 2017 of 11.04%. Short interest grew 653,355 over that timeframe. With short interest at 6,570,083 and short average daily volume at 929,695, the short-interest ratio is 7.0 and the percentage of shorted shares was 0.10% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (WTW). Ahl Partners Llp trimmed its investment by shedding 26,131 shares a decrease of 60.9% from 03/31/2017 to 06/30/2017. Ahl Partners Llp controls 16,801 shares valued at $562,000. The value of the position overall is down by 15.9%. As of quarter end Usa Financial Portformulas Corp had disposed of 19,347 shares trimming its position 75.4%. The value of the company’s investment in Weight Watchers International I went from $858,000 to $276,000 a change of 67.8% since the last quarter.
James Investment Research Inc downsized its ownership by selling 110 shares a decrease of 68.8% as of 09/30/2017. James Investment Research Inc claims 50 shares with a value of $2,000. The total value of its holdings decreased 60.0%. As of the end of the quarter Washington Trust Bank had sold a total of 300 shares trimming its holdings by 48.0%. The value of the investment in Weight Watchers International I decreased from $21,000 to $14,000 a change of $7,000 quarter over quarter.Advertisement
In the market the company is trading down since yesterday’s close of 45.28. Company shares are trading at $44.85 marginally over $44.16, the stock’s 50 day moving average and much higher than the 200 day moving average of $33.36. The 50 day moving average was up by +1.57% whereas the 200 day moving average was up $11.49 or +34.43%.
The most current P/E ratio is 28.73 and market capitalization is 2.89B. As of the last earnings report the EPS was $1.56 and is projected to be $1.47 for the current year with 64,391,000 shares outstanding. Next quarter’s EPS is estimated at $0.30 with next year’s EPS anticipated to be $1.79.
Weight Watchers International, Inc., launched on March 7, 2006, is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Business’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications. The Company operates through four segments: North America, United Kingdom, Continental Europe (CE) and Other. It sells a range of products, including bars, snacks, cookbooks, food and restaurant guides with SmartPoints values, Weight Watchers magazines, SmartPoints calculators and fitness kits, and certain third-party products, such as activity-tracking monitors. The Company sells its products through its meetings business, online and to its franchisees. The non-members and non-subscribers can also purchase its products through its e-commerce platforms. It also issues other publications, such as cookbooks and food and restaurant guides with SmartPoints values..
Source : http://www.fidaily.com/weight-watchers-international-i-nysewtw-short-interest-increased-by-11-04-currently-trading-down/566905/ted-blackburn