Tilly’s, Inc. (NYSE:TLYS) Short Interest Update

Tilly’s, Inc. (NYSE:TLYS) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,180,000 shares, an increase of 28.3% from the February 28th total of 919,800 shares. Based on an average daily volume of 115,500 shares, the days-to-cover ratio is currently 10.2 days. Approximately 5.3% of the company’s shares are short sold.

Tilly’s Trading Down 1.8 %

Shares of TLYS stock traded down $0.04 on Wednesday, hitting $2.19. 103,536 shares of the stock were exchanged, compared to its average volume of 89,352. The firm has a market capitalization of $66.03 million, a P/E ratio of -1.24 and a beta of 1.58. Tilly’s has a fifty-two week low of $2.05 and a fifty-two week high of $6.90. The business has a 50-day moving average of $3.50 and a 200 day moving average of $3.96.

Hedge Funds Weigh In On Tilly’s

A number of large investors have recently bought and sold shares of the company. Shay Capital LLC raised its holdings in shares of Tilly’s by 8.4% in the fourth quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer’s stock valued at $9,686,000 after purchasing an additional 176,478 shares during the last quarter. Long Focus Capital Management LLC lifted its position in Tilly’s by 1.4% during the 4th quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer’s stock worth $9,273,000 after buying an additional 30,000 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Tilly’s during the 4th quarter worth about $2,184,000. Geode Capital Management LLC grew its holdings in shares of Tilly’s by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after acquiring an additional 10,258 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in shares of Tilly’s by 12.5% in the 4th quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock valued at $263,000 after acquiring an additional 6,895 shares in the last quarter. Institutional investors and hedge funds own 76.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. StockNews.com downgraded Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th. Roth Mkm decreased their target price on Tilly’s from $5.00 to $2.50 and set a “neutral” rating for the company in a research report on Friday, March 14th. Finally, B. Riley cut their price target on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, December 6th.

About Tilly’s

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.