PLBY Group, Inc. (NASDAQ:PLBY) Short Interest Up 40.4% in February

PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 2,920,000 shares, a growth of 40.4% from the January 31st total of 2,080,000 shares. Based on an average daily trading volume, of 762,200 shares, the short-interest ratio is presently 3.8 days.

Hedge Funds Weigh In On PLBY Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Squarepoint Ops LLC bought a new stake in PLBY Group during the 4th quarter valued at about $50,000. Millennium Management LLC purchased a new stake in shares of PLBY Group during the fourth quarter valued at approximately $281,000. Balyasny Asset Management L.P. bought a new stake in shares of PLBY Group during the fourth quarter valued at approximately $26,000. BNP Paribas Financial Markets bought a new stake in shares of PLBY Group during the fourth quarter valued at approximately $58,000. Finally, Jane Street Group LLC purchased a new position in PLBY Group in the 4th quarter worth approximately $115,000. 32.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on PLBY. Roth Capital raised shares of PLBY Group to a "strong-buy" rating in a research report on Friday, January 31st. Roth Mkm started coverage on shares of PLBY Group in a research report on Friday, January 31st. They set a "buy" rating and a $3.00 price target on the stock.

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PLBY Group Stock Up 3.9 %

NASDAQ:PLBY traded up $0.05 during mid-day trading on Friday, hitting $1.34. 1,042,883 shares of the company's stock were exchanged, compared to its average volume of 811,547. The company has a market cap of $125.61 million, a PE ratio of -1.40 and a beta of 2.32. The company has a debt-to-equity ratio of 12.49, a current ratio of 1.44 and a quick ratio of 1.44. PLBY Group has a one year low of $0.52 and a one year high of $2.44. The business has a fifty day moving average price of $1.70 and a 200 day moving average price of $1.23.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.