Could Bassett Furniture Industries Incorporated – Commo (NASDAQ:BSET) Go Up After Its Newest Short Interest Report?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Logo

Investors sentiment decreased to 1.42 in Q1 2019. Its down 0.18, from 1.6 in 2018Q4. It dropped, as 6 investors sold Bassett Furniture Industries, Incorporated shares while 20 reduced holdings. 14 funds opened positions while 23 raised stakes. 7.25 million shares or 1.21% less from 7.33 million shares in 2018Q4 were reported.
Rhumbline Advisers reported 0% in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Goldman Sachs Grp Incorporated stated it has 47,276 shares or 0% of all its holdings. Spark Investment Management Ltd holds 0.01% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 14,900 shares. Bridgeway Capital Management reported 0.04% stake. Captrust Fincl Advisors has 6,000 shares. Suntrust Banks Inc owns 16,893 shares. Kbc Grp Inc Nv has invested 0% in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Gabelli Funds Limited Liability Corp owns 282,800 shares. D E Shaw & has 0% invested in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 44,379 shares. Morgan Stanley has invested 0% in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Federated Investors Pa reported 701 shares. California State Teachers Retirement Systems invested in 0% or 15,634 shares. Vanguard Gp holds 495,955 shares. Ameritas Inv holds 830 shares or 0% of its portfolio. Blackrock stated it has 781,233 shares or 0% of all its holdings.

Since April 5, 2019, it had 2 insider purchases, and 0 insider sales for $94,320 activity. SPILMAN ROBERT H JR bought $8,818 worth of Bassett Furniture Industries, Incorporated (NASDAQ:BSET) on Wednesday, April 17.

The stock of Bassett Furniture Industries Incorporated – Commo (NASDAQ:BSET) registered an increase of 29.11% in short interest. BSET’s total short interest was 110,000 shares in August as published by FINRA. Its up 29.11% from 85,200 shares, reported previously. With 30,500 shares average volume, it will take short sellers 4 days to cover their BSET’s short positions. The short interest to Bassett Furniture Industries Incorporated – Commo’s float is 1.1%.

The stock decreased 3.15% or $0.4 during the last trading session, reaching $12.3. About 13,493 shares traded. Bassett Furniture Industries, Incorporated (NASDAQ:BSET) has declined 48.98% since August 14, 2018 and is downtrending. It has underperformed by 48.98% the S&P500.

Bassett Furniture Industries, Incorporated makes, markets, and retails home furnishings in the United States. The company has market cap of $128.04 million. The firm operates in three divisions: Wholesale, Retail, and Logistical Services. It has a 21.96 P/E ratio. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings retail stores, as well as independent furniture retailers; and wood and upholstery operations.

More notable recent Bassett Furniture Industries, Incorporated (NASDAQ:BSET) news were published by: Nasdaq.com which released: “Will Bassett Furniture Industries (BSET) Continue to Surge Higher? – Nasdaq” on April 28, 2017, also Nasdaq.com with their article: “Bassett Furniture (BSET) Surpasses Q1 Earnings and Revenue Estimates – Nasdaq” published on April 04, 2019, Investorplace.com published: “Time to Put on a Starter Position in Restoration Hardware Stock – Investorplace.com” on September 06, 2018. More interesting news about Bassett Furniture Industries, Incorporated (NASDAQ:BSET) were released by: Seekingalpha.com and their article: “Insider Weekends: EVP James DeFranco Buys Shares Of DISH Network – Seeking Alpha” published on October 22, 2018 as well as Globenewswire.com‘s news article titled: “Bassett Furniture Announces Opening of New Store in King of Prussia, PA. – GlobeNewswire” with publication date: April 22, 2017.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Institutional Positions Chart

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