Build-A-Bear Workshop, Inc (NYSE:BBW) Short Interest Update

Build-A-Bear Workshop, Inc (NYSE:BBW) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,720,000 shares, a drop of 6.5% from the September 30th total of 1,840,000 shares. Currently, 13.6% of the shares of the stock are sold short. Based on an average trading volume of 378,600 shares, the short-interest ratio is presently 4.5 days.

In other Build-A-Bear Workshop news, Director David Kanen acquired 9,800 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, September 24th. The stock was bought at an average cost of $2.89 per share, with a total value of $28,322.00. Following the acquisition, the director now owns 52,584 shares of the company’s stock, valued at $151,967.76. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought a total of 20,700 shares of company stock valued at $63,724 over the last ninety days. 9.40% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of BBW. Hudson Capital Management LLC acquired a new position in Build-A-Bear Workshop during the third quarter valued at approximately $35,000. Cubist Systematic Strategies LLC acquired a new position in Build-A-Bear Workshop during the second quarter valued at approximately $72,000. A.R.T. Advisors LLC acquired a new position in Build-A-Bear Workshop during the second quarter valued at approximately $72,000. Assenagon Asset Management S.A. acquired a new position in Build-A-Bear Workshop during the third quarter valued at approximately $58,000. Finally, BlackRock Inc. grew its holdings in Build-A-Bear Workshop by 7.8% during the second quarter. BlackRock Inc. now owns 284,665 shares of the specialty retailer’s stock valued at $1,592,000 after purchasing an additional 20,503 shares during the period. Hedge funds and other institutional investors own 66.84% of the company’s stock.

Shares of BBW stock opened at $2.95 on Monday. Build-A-Bear Workshop has a 12-month low of $2.31 and a 12-month high of $8.32. The firm has a 50-day moving average price of $3.44 and a 200 day moving average price of $4.27. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.23 and a quick ratio of 0.41.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, August 29th. The specialty retailer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.07). Build-A-Bear Workshop had a negative net margin of 4.95% and a negative return on equity of 7.31%. The firm had revenue of $79.21 million for the quarter, compared to the consensus estimate of $86.80 million. During the same period in the prior year, the business earned ($0.12) earnings per share. On average, research analysts predict that Build-A-Bear Workshop will post -0.05 EPS for the current year.

Several equities analysts recently issued reports on BBW shares. Zacks Investment Research raised shares of Build-A-Bear Workshop from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. ValuEngine downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Wednesday, November 13th.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

Read More: Trading based on a resistance level

Receive News & Ratings for Build-A-Bear Workshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.