Is Buying Tillys Inc (NYSE:TLYS), Having Lower Short Interest a Winning Strategy?

October 13, 2018 - By Darrin Black

Tilly's, Inc. (NYSE:TLYS) Logo

Investors sentiment decreased to 1.07 in Q2 2018. Its down 0.09, from 1.16 in 2018Q1. It dropped, as 9 investors sold Tilly's, Inc. shares while 34 reduced holdings. 17 funds opened positions while 29 raised stakes. 13.25 million shares or 4.89% more from 12.63 million shares in 2018Q1 were reported.
Citadel Advsrs Lc holds 19,225 shares or 0% of its portfolio. Acadian Asset Ltd has invested 0.03% of its portfolio in Tilly's, Inc. (NYSE:TLYS). Ny State Common Retirement Fund accumulated 26,750 shares or 0% of the stock. Globeflex L P accumulated 42,591 shares or 0.13% of the stock. Rk Management Ltd Com reported 336,387 shares stake. Manufacturers Life Insurance Comm The stated it has 0% of its portfolio in Tilly's, Inc. (NYSE:TLYS). 2,741 are held by Prelude Management Ltd Liability Co. Parametric Port Associates Limited has 110,304 shares for 0% of their portfolio. Vanguard Gp reported 593,023 shares or 0% of all its holdings. 115,026 were reported by D E Shaw And Company. Millennium Management Llc accumulated 381,918 shares. Los Angeles Cap & Equity holds 39,567 shares. Ajo Lp holds 314,122 shares or 0.02% of its portfolio. Piedmont Invest Advisors Ltd Company, North Carolina-based fund reported 252 shares. Northpointe Lc reported 244,369 shares.

Since April 17, 2018, it had 0 insider purchases, and 26 selling transactions for $104.56 million activity. $111,168 worth of stock was sold by SHAKED HEZY on Tuesday, May 8. Another trade for 5,389 shares valued at $72,752 was sold by KERR JANET. Henry Michael sold $536,025 worth of stock or 36,250 shares.

The stock of Tillys Inc (NYSE:TLYS) registered a decrease of 47.59% in short interest. TLYS’s total short interest was 408,100 shares in October as published by FINRA. Its down 47.59% from 778,600 shares, reported previously. With 584,400 shares average volume, it will take short sellers 1 days to cover their TLYS’s short positions. The short interest to Tillys Inc’s float is 2.76%.

The stock increased 3.15% or $0.51 during the last trading session, reaching $16.7. About 424,332 shares traded. Tilly's, Inc. (NYSE:TLYS) has risen 77.67% since October 13, 2017 and is uptrending. It has outperformed by 62.05% the S&P500.

Tilly's, Inc. retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. The company has market cap of $491.13 million. The Company’s apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others. It has a 18.49 P/E ratio. The firm also provides third-party merchandise assortment in its apparel, accessory, and footwear product categories.

Tilly's, Inc. (NYSE:TLYS) Ratings Coverage

Among 3 analysts covering Tilly’s Inc (NYSE:TLYS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Tilly’s Inc had 5 analyst reports since May 31, 2018 according to SRatingsIntel. The stock has “Buy” rating by FBR Capital on Thursday, August 30. William Blair upgraded the shares of TLYS in report on Thursday, August 30 to “Outperform” rating. The stock of Tilly's, Inc. (NYSE:TLYS) has “Buy” rating given on Thursday, May 31 by FBR Capital. The rating was downgraded by Pivotal Research to “Hold” on Tuesday, September 4.

Tilly's, Inc. (NYSE:TLYS) Institutional Positions Chart

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