Superior Industries International, Inc. (NYSE:SUP) Short Interest Down 16.2% in April

Superior Industries International, Inc. (NYSE:SUP - Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 65,900 shares, a decline of 16.2% from the April 15th total of 78,600 shares. Based on an average trading volume of 90,600 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SUP. Bailard Inc. acquired a new stake in shares of Superior Industries International during the fourth quarter valued at about $271,000. Mill Road Capital Management LLC boosted its stake in shares of Superior Industries International by 0.7% during the fourth quarter. Mill Road Capital Management LLC now owns 4,380,940 shares of the auto parts company's stock valued at $14,019,000 after purchasing an additional 32,300 shares in the last quarter. Privium Fund Management UK Ltd acquired a new stake in shares of Superior Industries International during the first quarter valued at about $45,000. Essex Investment Management Co. LLC boosted its stake in shares of Superior Industries International by 1.5% during the first quarter. Essex Investment Management Co. LLC now owns 789,946 shares of the auto parts company's stock valued at $2,291,000 after purchasing an additional 11,923 shares in the last quarter. Finally, Pinnacle Holdings LLC boosted its stake in shares of Superior Industries International by 4.6% during the fourth quarter. Pinnacle Holdings LLC now owns 171,887 shares of the auto parts company's stock valued at $550,000 after purchasing an additional 7,605 shares in the last quarter. Institutional investors own 56.20% of the company's stock.

Superior Industries International Trading Up 0.3 %

Superior Industries International stock traded up $0.01 during midday trading on Monday, reaching $3.76. The company's stock had a trading volume of 26,924 shares, compared to its average volume of 80,241. Superior Industries International has a 52 week low of $2.49 and a 52 week high of $4.57. The business has a 50-day moving average price of $3.42 and a 200-day moving average price of $3.18. The stock has a market cap of $107.54 million, a PE ratio of -0.66 and a beta of 3.46.

Superior Industries International (NYSE:SUP - Get Free Report) last released its earnings results on Thursday, March 7th. The auto parts company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.44. The business had revenue of $308.60 million during the quarter, compared to the consensus estimate of $402.10 million.

Superior Industries International Company Profile

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.