The short interest in bebe stores (NASDAQ:BEBE) has declined from 5,689,431 on May 31,2016 to 5,578,550 on June 15,2016. The change was measured at 110,881 shares or 2%. The leftover shorts were 16.8% of the floated shares. The days to cover are 12, given the average daily volume of 482,844 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
bebe stores (NASDAQ:BEBE): The stock opened at $0.52 on Friday but the bulls could not build on the opening and the stock topped out at $0.52 for the day. The stock traded down to $0.48 during the day, due to lack of any buying support eventually closed down at $0.48 with a loss of -10.29% for the day. The stock had closed at $0.53 on the previous day. The total traded volume was 3,345,958 shares.
The company shares have dropped -76.00% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $2.15 and the one year low was seen on Feb 1, 2016. The 50-Day Moving Average price is $0.41 and the 200 Day Moving Average price is recorded at $0.49.
bebe stores (NASDAQ:BEBE) has tumbled 3.3% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 34.61% in the last four weeks. The stocks have underperformed the S&P 500 by 1.69% during the past week but bebe stores (NASDAQ:BEBE) it has outperformed the index in 4 weeks by 38.68%.
bebe stores, inc. designs, develops and produces a line of contemporary womens apparel and accessories. The Companys product offering includes a range of separates, tops, dresses, active wear and accessories across a range of wardrobe occasions. The Companys accessories include jewelry, sunglasses, fragrance, shoes and handbag assortment. The Company markets its products under the bebe and BEBE SPORT brand names. The Company operates stores in the United States, Puerto Rico and Canada. As of July 4, 2015, the Company operated through its 201 retail stores, of which 165 are bebe stores, including an online store at www.bebe.com, and 36 are bebe outlet stores. As of July 4, 2015, the Company had 89 international stores operated by licensees in around 20 countries, including the United Arab Emirates, Israel, Russia, Mexico, Turkey, South Korea, India and other countries throughout Southeast Asia and South America.