Short Interest in a.k.a. Brands Holding Corp. (NYSE:AKA) Declines By 15.5%

a.k.a. Brands Holding Corp. (NYSE:AKA - Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 42,500 shares, a decline of 15.5% from the March 15th total of 50,300 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 14,400 shares, the short-interest ratio is presently 3.0 days.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AKA shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of a.k.a. Brands in a research report on Thursday. Telsey Advisory Group cut their price objective on a.k.a. Brands from $22.00 to $18.00 and set a "market perform" rating for the company in a research note on Friday, March 7th. Finally, Jefferies Financial Group set a $17.00 target price on shares of a.k.a. Brands in a research note on Friday, March 7th.

Institutional Investors Weigh In On a.k.a. Brands

Several institutional investors have recently modified their holdings of AKA. Geode Capital Management LLC lifted its holdings in shares of a.k.a. Brands by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company's stock worth $276,000 after acquiring an additional 792 shares during the last quarter. JPMorgan Chase & Co. raised its position in a.k.a. Brands by 103.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock worth $43,000 after purchasing an additional 1,173 shares during the period. Finally, Rhumbline Advisers lifted its stake in a.k.a. Brands by 487.3% in the fourth quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock worth $73,000 after purchasing an additional 3,236 shares during the last quarter. 55.35% of the stock is owned by institutional investors.

a.k.a. Brands Price Performance

AKA stock traded up $0.03 during midday trading on Friday, hitting $7.80. The company's stock had a trading volume of 19,675 shares, compared to its average volume of 10,495. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. a.k.a. Brands has a 12 month low of $7.17 and a 12 month high of $33.73. The company has a 50 day moving average of $12.67 and a two-hundred day moving average of $17.62. The firm has a market capitalization of $83.35 million, a price-to-earnings ratio of -2.70 and a beta of 1.35.

a.k.a. Brands (NYSE:AKA - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.74). The company had revenue of $159.02 million for the quarter, compared to the consensus estimate of $158.98 million. a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. On average, analysts expect that a.k.a. Brands will post -1.57 EPS for the current year.

a.k.a. Brands Company Profile

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.