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

American Outdoor Brands, Inc. (NASDAQ:AOUT - Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 81,000 shares, an increase of 9.3% from the June 30th total of 74,100 shares. Based on an average trading volume of 28,300 shares, the short-interest ratio is currently 2.9 days. Approximately 0.7% of the company's stock are sold short.

Institutional Investors Weigh In On American Outdoor Brands

• MarketBeat Week in Review – 7/3 - 7/7

A number of hedge funds have recently added to or reduced their stakes in AOUT. Victory Capital Management Inc. purchased a new stake in American Outdoor Brands during the 4th quarter valued at $74,000. Empowered Funds LLC raised its stake in American Outdoor Brands by 7.6% during the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the company's stock valued at $175,000 after buying an additional 1,400 shares during the last quarter. Diversified Investment Strategies LLC raised its stake in American Outdoor Brands by 103.4% during the 1st quarter. Diversified Investment Strategies LLC now owns 60,000 shares of the company's stock valued at $528,000 after buying an additional 30,500 shares during the last quarter. White Pine Capital LLC raised its stake in American Outdoor Brands by 4.7% during the 4th quarter. White Pine Capital LLC now owns 66,412 shares of the company's stock valued at $558,000 after buying an additional 2,998 shares during the last quarter. Finally, Teton Advisors Inc. raised its stake in American Outdoor Brands by 6.1% during the 4th quarter. Teton Advisors Inc. now owns 181,000 shares of the company's stock valued at $1,520,000 after buying an additional 10,362 shares during the last quarter. 49.87% of the stock is currently owned by hedge funds and other institutional investors.

American Outdoor Brands Stock Up 1.2 %

Shares of NASDAQ AOUT opened at $9.61 on Tuesday. American Outdoor Brands has a twelve month low of $7.19 and a twelve month high of $10.35. The firm has a market cap of $123.92 million, a P/E ratio of -10.12 and a beta of 0.37. The company has a 50 day moving average of $8.52 and a 200 day moving average of $8.52.

• What Does an Earnings Surprise Mean for American Outdoor Brands?

American Outdoor Brands (NASDAQ:AOUT - Get Free Report) last announced its quarterly earnings data on Thursday, June 27th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.09). American Outdoor Brands had a positive return on equity of 0.41% and a negative net margin of 6.09%. The firm had revenue of $46.30 million during the quarter, compared to analysts' expectations of $43.20 million. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. As a group, equities analysts expect that American Outdoor Brands will post 0.24 earnings per share for the current fiscal year.

About American Outdoor Brands

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.

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