Ollies Bargain Outlet Holdings (OLLI) : Traders are bullish on Ollies Bargain Outlet Holdings (OLLI) as it has outperformed the S&P 500 by a wide margin of 10.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.2% in the last 1 week, and is up 12.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.76% and the 50-Day Moving Average is 10.63%. Ollies Bargain Outlet Holdings (NASDAQ:OLLI): stock turned positive on Friday. Though the stock opened at $27.62, the bulls momentum made the stock top out at $27.9814 level for the day. The stock recorded a low of $27.22 and closed the trading day at $27.75, in the green by 0.98%. The total traded volume for the day was 565,044. The stock had closed at $27.48 in the previous days trading.
The company Insiders own 21.8% of Ollies Bargain Outlet Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -94.43% . Institutional Investors own 90.47% of Ollies Bargain Outlet Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -94.43%.
Ollies Bargain Outlet Holdings, Inc. is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollies Bargain Outlet, Inc., offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware. It offers products under various brands, such as Ollies, Ollies Bargain Outlet, Ollies Army, Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states, including Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. It owns several domain names, including www.ollies.us, www.olliesbargainoutlet.com, www.olliesarmy.com, www.ollies.cheap, www.sarasotabreeze.com and www.olliesmail.com.