Xcel Brands, Inc. (NASDAQ:XELB) Short Interest Update

Xcel Brands, Inc. (NASDAQ:XELBGet Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 412,100 shares, a growth of 366.2% from the December 15th total of 88,400 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average trading volume of 123,800 shares, the short-interest ratio is presently 3.3 days.

Xcel Brands Stock Up 0.6 %

Shares of NASDAQ XELB opened at $0.45 on Tuesday. The company has a market cap of $10.74 million, a P/E ratio of -0.51 and a beta of 1.36. The firm has a 50-day simple moving average of $0.61 and a two-hundred day simple moving average of $0.68. Xcel Brands has a 1 year low of $0.33 and a 1 year high of $1.70. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72.

Xcel Brands (NASDAQ:XELBGet Free Report) last issued its quarterly earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. Research analysts anticipate that Xcel Brands will post -0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Xcel Brands in a report on Friday. They issued a “sell” rating for the company.

Read Our Latest Stock Report on Xcel Brands

Xcel Brands Company Profile

(Get Free Report)

Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.

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