Kura Sushi USA, Inc. (NASDAQ:KRUS – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,960,000 shares, an increase of 12.0% from the August 15th total of 1,750,000 shares. Based on an average daily volume of 230,100 shares, the short-interest ratio is presently 8.5 days. Approximately 32.1% of the shares of the company are short sold.
Kura Sushi USA Stock Up 5.8 %
Kura Sushi USA stock opened at $81.85 on Wednesday. The business has a 50 day moving average price of $60.48 and a two-hundred day moving average price of $84.95. Kura Sushi USA has a 12 month low of $48.66 and a 12 month high of $122.81. The stock has a market cap of $919.26 million, a price-to-earnings ratio of -1,169.29 and a beta of 1.87.
Institutional Trading of Kura Sushi USA
Institutional investors and hedge funds have recently modified their holdings of the company. Stephens Inc. AR increased its holdings in Kura Sushi USA by 12.9% in the 4th quarter. Stephens Inc. AR now owns 913,529 shares of the company’s stock valued at $69,428,000 after buying an additional 104,063 shares during the period. Vanguard Group Inc. increased its stake in Kura Sushi USA by 1.8% in the first quarter. Vanguard Group Inc. now owns 327,315 shares of the company’s stock valued at $37,694,000 after acquiring an additional 5,942 shares during the period. Dimensional Fund Advisors LP raised its position in Kura Sushi USA by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 183,766 shares of the company’s stock worth $11,602,000 after purchasing an additional 8,146 shares in the last quarter. Ophir Asset Management Pty Ltd acquired a new position in Kura Sushi USA in the fourth quarter worth about $13,356,000. Finally, Wasatch Advisors LP lifted its stake in Kura Sushi USA by 25.1% during the fourth quarter. Wasatch Advisors LP now owns 112,911 shares of the company’s stock worth $8,581,000 after purchasing an additional 22,621 shares during the period. 65.49% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Kura Sushi USA
Kura Sushi USA Company Profile
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