Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Has Increase in Shorts

December 8, 2017 - By Nellie Frank

 Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Has Increase in Shorts

Investors sentiment decreased to 0.87 in Q2 2017. Its down 0.39, from 1.26 in 2017Q1. It dropped, as 9 investors sold Bravo Brio Restaurant Group, Inc. shares while 14 reduced holdings. 6 funds opened positions while 14 raised stakes. 8.69 million shares or 0.19% more from 8.67 million shares in 2017Q1 were reported.
Eagle Boston Inv Management stated it has 0.27% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Heartland Advsr Inc holds 1.15M shares or 0.34% of its portfolio. Citigroup reported 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Connor Clark & Lunn Investment Ltd has 102,812 shares. Fuller And Thaler Asset invested in 0.01% or 129,300 shares. Gsa Ptnrs Llp, United Kingdom-based fund reported 131,812 shares. Addison Clark Management Ltd Liability Corp accumulated 7.05% or 1.06M shares. Morgan Stanley invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Bridgeway Mgmt owns 70,894 shares for 0% of their portfolio. Brandes Prtn L P holds 30,339 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa invested in 0% or 3 shares. First Bancshares invested in 0.03% or 37,420 shares. Cornerstone Ltd Limited Liability Company has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Aristotle Boston holds 0.22% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) or 430,488 shares. Vanguard Group Inc Incorporated has 274,994 shares for 0% of their portfolio.

The stock of Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) registered an increase of 7.39% in short interest. BBRG’s total short interest was 1.13M shares in December as published by FINRA. Its up 7.39% from 1.05 million shares, reported previously. With 72,000 shares average volume, it will take short sellers 16 days to cover their BBRG’s short positions. The short interest to Bravo Brio Restaurant Group Incorporated’s float is 9.62%.

The stock decreased 2.27% or $0.05 during the last trading session, reaching $2.15. About 25,690 shares traded. Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has declined 30.93% since December 8, 2016 and is downtrending. It has underperformed by 47.63% the S&P500.

Bravo Brio Restaurant Group, Inc. owns and operates Italian restaurants in the United States. The company has market cap of $32.69 million. The firm operates full-service Italian restaurants under the BRAVO! Cucina Italiana brand name; Italian chophouse restaurants under the BRIO Tuscan Grille brand name; and full-service American-French bistro restaurant under the Bon Vie brand name. It currently has negative earnings. The Company’s restaurants primarily offer Italian food and wine.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Among 4 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Bravo Brio Restaurant Group Inc. has $12 highest and $2.0 lowest target. $2.25’s average target is 4.65% above currents $2.15 stock price. Bravo Brio Restaurant Group Inc. had 9 analyst reports since November 6, 2015 according to SRatingsIntel. The company was maintained on Wednesday, February 24 by Jefferies. Sidoti initiated the stock with “Neutral” rating in Thursday, December 10 report. The rating was maintained by Jefferies on Thursday, November 2 with “Hold”. Jefferies maintained Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) on Monday, September 11 with “Hold” rating. The stock has “Sell” rating by Piper Jaffray on Thursday, September 7. Jefferies maintained Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) rating on Thursday, August 4. Jefferies has “Hold” rating and $7 target. On Tuesday, June 13 the stock rating was maintained by Jefferies with “Hold”. The firm has “Underweight” rating by PiperJaffray given on Thursday, September 7.

More notable recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Globenewswire.com which released: “Bravo Brio Restaurant Group, Inc. Issues Response to Open Letter from TAC …” on October 25, 2017, also Seekingalpha.com with their article: “TAC Capital, LLC Sends Letter To Bravo Brio Restaurant Group, Inc.” published on January 26, 2017, Seekingalpha.com published: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q1 2017 Results …” on May 02, 2017. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) were released by: Seekingalpha.com and their article: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q3 2017 Results …” published on November 02, 2017 as well as Globenewswire.com‘s news article titled: “Bravo Brio Restaurant Group, Inc. Announces Departure of Chief Financial Officer” with publication date: September 05, 2017.

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