What’s Ahead for Container Store (the) (NYSE:TCS) After Less Shorted Shares?

July 13, 2018 - By Mark Mitchell

The Container Store Group, Inc. (NYSE:TCS) Logo

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.53, from 1.65 in 2017Q4. It worsened, as 5 investors sold The Container Store Group, Inc. shares while 28 reduced holdings. 17 funds opened positions while 20 raised stakes. 37.29 million shares or 1.61% less from 37.90 million shares in 2017Q4 were reported.
485,952 are held by Lsv Asset Management. Deutsche Comml Bank Ag reported 17,084 shares. Gsa Capital Prtn Llp has invested 0.05% in The Container Store Group, Inc. (NYSE:TCS). Legal & General Group Inc Public Limited Liability Company reported 0% stake. Comml Bank Of Ny Mellon holds 0% of its portfolio in The Container Store Group, Inc. (NYSE:TCS) for 95,471 shares. Gru One Trading Limited Partnership holds 224 shares. The Massachusetts-based Acadian Asset Management Ltd Liability Co has invested 0% in The Container Store Group, Inc. (NYSE:TCS). Rhumbline Advisers reported 15,513 shares. 3,427 were reported by Bnp Paribas Arbitrage. Morgan Stanley holds 151,746 shares. Gotham Asset Mngmt Ltd Co holds 0% or 11,943 shares in its portfolio. James Invest Research holds 0% or 6,970 shares. 10,603 are held by Art Advsrs Limited Com. Moreover, Bridgeway Mgmt Inc has 0.03% invested in The Container Store Group, Inc. (NYSE:TCS). Manufacturers Life Ins Co The stated it has 0% in The Container Store Group, Inc. (NYSE:TCS).

The stock of Container Store (the) (NYSE:TCS) registered a decrease of 4.6% in short interest. TCS’s total short interest was 2.64 million shares in July as published by FINRA. Its down 4.6% from 2.77 million shares, reported previously. With 137,000 shares average volume, it will take short sellers 19 days to cover their TCS’s short positions. The short interest to Container Store (the)’s float is 15.81%.

The stock decreased 2.62% or $0.22 during the last trading session, reaching $8.17. About 99,297 shares traded. The Container Store Group, Inc. (NYSE:TCS) has risen 40.14% since July 13, 2017 and is uptrending. It has outperformed by 27.57% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products and solutions in the United States. The company has market cap of $394.59 million. The firm operates through two divisions, The Container Store and Elfa. It has a 20.42 P/E ratio. The Company’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

More news for The Container Store Group, Inc. (NYSE:TCS) were recently published by: Streetinsider.com, which released: “After-Hours Stock Movers 06/21: (TNDM) (SENS) Higher; (RHT) (TCS) (NRZ) Lower (more…)” on June 21, 2018. Seekingalpha.com‘s article titled: “Bespoke’s Most Volatile Stocks On Earnings Ahead Of Q2 Earnings Season” and published on July 10, 2018 is yet another important article.

The Container Store Group, Inc. (NYSE:TCS) Institutional Positions Chart

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