Short Interest in PLBY Group, Inc. (NASDAQ:PLBY) Decreases By 23.3%

PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,930,000 shares, a decrease of 23.3% from the October 31st total of 3,820,000 shares. Based on an average daily trading volume, of 2,770,000 shares, the days-to-cover ratio is presently 1.1 days.

PLBY Group Trading Up 7.0 %

PLBY traded up $0.09 on Friday, hitting $1.38. 568,838 shares of the company were exchanged, compared to its average volume of 1,121,523. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a market capitalization of $123.63 million, a PE ratio of -1.44 and a beta of 2.26. PLBY Group has a 12 month low of $0.52 and a 12 month high of $1.55. The firm has a fifty day simple moving average of $0.93 and a two-hundred day simple moving average of $0.83.

PLBY Group (NASDAQ:PLBY - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.32). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The company had revenue of $12.86 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a "hold" rating and issued a $0.70 price target (down previously from $1.50) on shares of PLBY Group in a report on Friday, August 9th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in PLBY Group stock. Vanguard Group Inc. raised its position in shares of PLBY Group, Inc. (NASDAQ:PLBY - Free Report) by 4.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,441,683 shares of the company's stock after buying an additional 95,362 shares during the quarter. Vanguard Group Inc. owned about 3.35% of PLBY Group worth $2,564,000 at the end of the most recent reporting period. Institutional investors own 32.46% of the company's stock.

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.