Supreme Industries, Inc. (STS) Short Interest Up 30.3% in September
Supreme Industries, Inc. (NYSE:STS) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 732,962 shares, an increase of 30.3% from the September 15th total of 562,614 shares. Based on an average daily volume of 513,488 shares, the days-to-cover ratio is currently 1.4 days. Approximately 5.4% of the shares of the stock are sold short.
In related news, insider William J. Barrett sold 10,000 shares of the company’s stock in a transaction on Thursday, September 29th. The shares were sold at an average price of $19.13, for a total transaction of $191,300.00. Following the sale, the insider now owns 503,452 shares of the company’s stock, valued at $9,631,036.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider William J. Barrett sold 12,000 shares of the company’s stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of $16.78, for a total transaction of $201,360.00. Following the sale, the insider now directly owns 651,604 shares in the company, valued at approximately $10,933,915.12. The disclosure for this sale can be found here.
Shares of Supreme Industries (NYSE:STS) opened at 17.68 on Friday. The company’s 50-day moving average is $18.14 and its 200-day moving average is $14.39. The stock has a market cap of $300.93 million and a P/E ratio of 16.21. Supreme Industries has a 1-year low of $5.40 and a 1-year high of $19.83.
Supreme Industries (NYSE:STS) last issued its quarterly earnings data on Thursday, July 21st. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.16. The firm had revenue of $92.90 million for the quarter, compared to analyst estimates of $89.12 million. Equities analysts expect that Supreme Industries will post $1.18 EPS for the current fiscal year.
About Supreme Industries
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies, trolleys and specialty vehicles. The Company operates through two segments, which include specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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