American Outdoor Brands, Inc. (NASDAQ:AOUT) Short Interest Update

American Outdoor Brands, Inc. (NASDAQ:AOUT - Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 124,300 shares, a decrease of 13.6% from the April 30th total of 143,900 shares. Based on an average trading volume of 56,300 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.2% of the shares of the stock are sold short.

American Outdoor Brands Stock Performance

AOUT traded up $0.30 during trading on Thursday, reaching $11.89. The stock had a trading volume of 45,977 shares, compared to its average volume of 50,701. The stock has a market cap of $151.42 million, a PE ratio of -20.15 and a beta of 0.43. American Outdoor Brands has a one year low of $8.00 and a one year high of $17.91. The business has a 50-day moving average of $11.48 and a 200-day moving average of $13.46.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Royce & Associates LP boosted its position in American Outdoor Brands by 39.8% during the fourth quarter. Royce & Associates LP now owns 567,752 shares of the company's stock valued at $8,653,000 after buying an additional 161,751 shares during the period. Brandes Investment Partners LP boosted its position in American Outdoor Brands by 12.8% during the fourth quarter. Brandes Investment Partners LP now owns 933,450 shares of the company's stock valued at $14,226,000 after buying an additional 105,951 shares during the period. Marshall Wace LLP purchased a new stake in American Outdoor Brands during the fourth quarter valued at about $1,263,000. American Century Companies Inc. boosted its position in American Outdoor Brands by 307.6% during the first quarter. American Century Companies Inc. now owns 105,838 shares of the company's stock valued at $1,287,000 after buying an additional 79,869 shares during the period. Finally, EAM Investors LLC purchased a new stake in American Outdoor Brands during the fourth quarter valued at about $1,122,000. Institutional investors own 49.87% of the company's stock.

American Outdoor Brands Company Profile

American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.