Does Nathans Famous Incorporated (NASDAQ:NATH) Have Gas After Even More Sellers Involved?

July 17, 2017 - By Peter Erickson

 Does Nathans Famous Incorporated (NASDAQ:NATH) Have Gas After Even More Sellers Involved?

Investors sentiment decreased to 1.53 in Q4 2016. Its down 1.47, from 3 in 2016Q3. It dived, as 3 investors sold Nathan’s Famous, Inc. shares while 14 reduced holdings. 9 funds opened positions while 17 raised stakes. 1.73 million shares or 1.00% more from 1.71 million shares in 2016Q3 were reported.
California Pub Employees Retirement Sys invested 0% of its portfolio in Nathan’s Famous, Inc. (NASDAQ:NATH). Menta Capital holds 0.02% in Nathan’s Famous, Inc. (NASDAQ:NATH) or 3,153 shares. Tower Capital (Trc) has 0% invested in Nathan’s Famous, Inc. (NASDAQ:NATH) for 32 shares. The New York-based Gabelli Funds has invested 0.06% in Nathan’s Famous, Inc. (NASDAQ:NATH). Bridgeway Management stated it has 12,350 shares. California State Teachers Retirement System, a California-based fund reported 6,277 shares. Blackrock Institutional Trust Na has invested 0% in Nathan’s Famous, Inc. (NASDAQ:NATH). Raymond James Assocs owns 0% invested in Nathan’s Famous, Inc. (NASDAQ:NATH) for 7,260 shares. 101,079 were accumulated by Blackrock Fund Advisors. Ny State Common Retirement Fund holds 0% or 1,600 shares in its portfolio. Nationwide Fund Advsrs reported 1,905 shares. Moreover, Citigroup has 0% invested in Nathan’s Famous, Inc. (NASDAQ:NATH). Deutsche State Bank Ag accumulated 1,834 shares. Iszo Cap Limited Partnership has invested 68.87% in Nathan’s Famous, Inc. (NASDAQ:NATH). Blackrock Invest Mgmt Llc reported 0% in Nathan’s Famous, Inc. (NASDAQ:NATH).

The stock of Nathans Famous Incorporated (NASDAQ:NATH) registered an increase of 12.5% in short interest. NATH’s total short interest was 74,700 shares in July as published by FINRA. Its up 12.5% from 66,400 shares, reported previously. With 12,500 shares average volume, it will take short sellers 6 days to cover their NATH’s short positions. The short interest to Nathans Famous Incorporated’s float is 2.63%.

About 23,252 shares traded or 79.55% up from the average. Nathan’s Famous, Inc. (NASDAQ:NATH) has risen 44.83% since July 17, 2016 and is uptrending. It has outperformed by 28.13% the S&P500.

Nathan’s Famous, Inc. is a licensor, wholesaler and retailer of products marketed under Nathan’s Famous brand. The company has market cap of $268.92 million. The Company’s products are marketed for sale in approximately 55,000 locations, including supermarkets, mass merchandisers and club stores, selected foodservice locations and Company-owned and franchised restaurants throughout the United States and in over 10 foreign territories and countries. It has a 36.2 P/E ratio. The Firm also owns, through its subsidiary, NF Treacher’s Corp., the Arthur Treacher’s brand and trademarks.

More notable recent Nathan’s Famous, Inc. (NASDAQ:NATH) news were published by: Fool.com which released: “Why Nathan’s Famous, Inc. Stock Popped Today” on February 27, 2015, also Seekingalpha.com with their article: “Why You Should Avoid Nathan’s Famous” published on March 11, 2015, Reuters.com published: “BRIEF-Nathan’s Famous Q4 EPS $0.17” on June 09, 2017. More interesting news about Nathan’s Famous, Inc. (NASDAQ:NATH) were released by: Marketwatch.com and their article: “64.55” published on May 08, 2011 as well as Quotes.Wsj.com‘s news article titled: “Nathan’s Famous Inc.” with publication date: February 13, 2011.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.