Camping World Holdings, Inc. (NYSE:CWH) Sees Significant Decrease in Short Interest

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 7,050,000 shares, a decline of 6.7% from the January 15th total of 7,560,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the short-interest ratio is currently 5.6 days.

Camping World Stock Performance

CWH traded down $0.46 on Thursday, hitting $21.38. 118,060 shares of the company traded hands, compared to its average volume of 1,176,247. The company has a 50 day moving average of $22.21 and a 200-day moving average of $22.51. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock has a market capitalization of $1.82 billion, a PE ratio of -30.96, a PEG ratio of 0.96 and a beta of 2.49. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Friday, December 13th. Camping World's dividend payout ratio is presently -72.46%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CWH. Roth Mkm reaffirmed a "buy" rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. StockNews.com raised Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. KeyCorp boosted their target price on Camping World from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Bank of America began coverage on Camping World in a report on Thursday, December 19th. They issued a "buy" rating and a $30.00 target price for the company. Finally, Truist Financial boosted their target price on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Camping World currently has an average rating of "Moderate Buy" and an average price target of $27.71.

Institutional Trading of Camping World

Several institutional investors and hedge funds have recently added to or reduced their stakes in CWH. Quest Partners LLC raised its stake in Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company's stock valued at $32,000 after acquiring an additional 1,299 shares during the last quarter. Blue Trust Inc. raised its stake in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after acquiring an additional 1,014 shares during the last quarter. Mpwm Advisory Solutions LLC purchased a new stake in Camping World during the 4th quarter valued at approximately $63,000. Sandia Investment Management LP purchased a new stake in Camping World during the 4th quarter valued at approximately $105,000. Finally, Summit Investment Advisors Inc. increased its position in Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after purchasing an additional 1,390 shares during the period. 52.54% of the stock is owned by hedge funds and other institutional investors.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.