Lands' End, Inc. (NASDAQ:LE) Short Interest Update

Lands' End, Inc. (NASDAQ:LE - Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,100,000 shares, a growth of 6.8% from the September 30th total of 1,030,000 shares. Based on an average trading volume of 111,100 shares, the days-to-cover ratio is presently 9.9 days. Approximately 9.5% of the shares of the stock are sold short.

Institutional Trading of Lands' End

Institutional investors have recently added to or reduced their stakes in the stock. Gladius Capital Management LP acquired a new stake in Lands' End during the 2nd quarter worth about $31,000. SG Americas Securities LLC acquired a new stake in Lands' End during the third quarter worth approximately $101,000. BNP Paribas Financial Markets increased its holdings in Lands' End by 65.0% in the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company's stock worth $76,000 after purchasing an additional 2,757 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Lands' End by 41.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company's stock valued at $163,000 after buying an additional 4,392 shares during the period. Finally, XTX Topco Ltd bought a new position in shares of Lands' End during the 2nd quarter worth approximately $343,000. 37.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Lands' End from a "hold" rating to a "buy" rating in a report on Friday, September 6th.

Lands' End Trading Down 3.8 %

Shares of Lands' End stock traded down $0.63 on Thursday, hitting $15.74. The stock had a trading volume of 107,938 shares, compared to its average volume of 105,893. The stock has a 50 day moving average of $16.13 and a 200 day moving average of $15.06. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.41 and a current ratio of 1.64. Lands' End has a twelve month low of $6.07 and a twelve month high of $19.88. The firm has a market capitalization of $494.33 million, a P/E ratio of -3.86 and a beta of 2.77.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings results on Thursday, September 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.08. Lands' End had a negative net margin of 9.20% and a negative return on equity of 1.03%. The firm had revenue of $317.17 million during the quarter, compared to the consensus estimate of $306.00 million. Sell-side analysts expect that Lands' End will post 0.37 earnings per share for the current fiscal year.

Lands' End Company Profile

Lands' End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.