a.k.a. Brands Holding Corp. (NYSE:AKA – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 46,900 shares, a decline of 25.0% from the June 15th total of 62,500 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 4.6 days.
Wall Street Analyst Weigh In
Separately, Telsey Advisory Group boosted their price target on a.k.a. Brands from $11.00 to $22.00 and gave the stock a “market perform” rating in a research note on Thursday, May 9th.
Read Our Latest Analysis on AKA
a.k.a. Brands Stock Performance
a.k.a. Brands (NYSE:AKA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.57) by ($0.28). a.k.a. Brands had a negative return on equity of 17.80% and a negative net margin of 18.11%. The firm had revenue of $116.84 million during the quarter, compared to the consensus estimate of $109.39 million. Analysts anticipate that a.k.a. Brands will post -1.21 EPS for the current year.
a.k.a. Brands Company Profile
a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.
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