Kura Sushi USA, Inc. (NASDAQ:KRUS – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,750,000 shares, a drop of 11.2% from the September 15th total of 1,970,000 shares. Based on an average daily volume of 194,600 shares, the days-to-cover ratio is currently 9.0 days. Approximately 28.7% of the company’s shares are sold short.
Kura Sushi USA Trading Up 0.0 %
NASDAQ:KRUS opened at $84.01 on Wednesday. The stock has a fifty day moving average price of $71.81 and a 200 day moving average price of $81.87. Kura Sushi USA has a 12-month low of $48.66 and a 12-month high of $122.81. The firm has a market cap of $943.52 million, a PE ratio of -1,200.14 and a beta of 1.89.
Hedge Funds Weigh In On Kura Sushi USA
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Comerica Bank raised its holdings in Kura Sushi USA by 58.6% in the first quarter. Comerica Bank now owns 268 shares of the company’s stock valued at $31,000 after acquiring an additional 99 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Kura Sushi USA by 7.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,278 shares of the company’s stock valued at $378,000 after purchasing an additional 232 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Kura Sushi USA by 4.5% in the 2nd quarter. Rhumbline Advisers now owns 8,172 shares of the company’s stock valued at $516,000 after purchasing an additional 350 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Kura Sushi USA during the 1st quarter worth $46,000. Finally, Essex Investment Management Co. LLC lifted its position in shares of Kura Sushi USA by 1.5% during the 1st quarter. Essex Investment Management Co. LLC now owns 28,751 shares of the company’s stock worth $3,311,000 after purchasing an additional 419 shares during the last quarter. Hedge funds and other institutional investors own 65.49% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Research Report on Kura Sushi USA
Kura Sushi USA Company Profile
Read More
- Five stocks we like better than Kura Sushi USA
- Learn Technical Analysis Skills to Master the Stock Market
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- Best Stocks Under $5.00
- AMD Gains Momentum With AI: Can It Beat Expectations?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for Kura Sushi USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kura Sushi USA and related companies with MarketBeat.com's FREE daily email newsletter.