Could Wolverine World Wide Inc (NYSE:WWW) Go Up After Its Newest Short Interest Report?

Wolverine World Wide, Inc. (NYSE:WWW) Logo

Investors sentiment increased to 1.17 in 2019 Q1. Its up 0.22, from 0.95 in 2018Q4. It is positive, as 9 investors sold Wolverine World Wide, Inc. shares while 85 reduced holdings. 44 funds opened positions while 66 raised stakes. 79.97 million shares or 5.63% less from 84.74 million shares in 2018Q4 were reported.
Citigroup Inc reported 79,150 shares or 0% of all its holdings. Atlanta Capital Mgmt L L C holds 0.2% or 1.18 million shares. Dimensional Fund Advsr L P invested in 0.04% or 2.68M shares. Moreover, Price T Rowe Associates Md has 0% invested in Wolverine World Wide, Inc. (NYSE:WWW) for 29,547 shares. Massachusetts-based Westfield Lp has invested 0.23% in Wolverine World Wide, Inc. (NYSE:WWW). Parallax Volatility Advisers L P has invested 0% in Wolverine World Wide, Inc. (NYSE:WWW). Kemnay Advisory has 16,579 shares for 0.13% of their portfolio. Anchor Advsrs Limited Com reported 0.02% in Wolverine World Wide, Inc. (NYSE:WWW). Bankshares has 0.01% invested in Wolverine World Wide, Inc. (NYSE:WWW). Jpmorgan Chase And has invested 0.02% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW). Magnetar Fincl Limited Liability Com has invested 0.03% in Wolverine World Wide, Inc. (NYSE:WWW). State Street Corporation owns 0.01% invested in Wolverine World Wide, Inc. (NYSE:WWW) for 2.76M shares. Diversified Trust reported 7,364 shares or 0.01% of all its holdings. Pub Employees Retirement Association Of Colorado reported 5,372 shares. Geode Cap Management Limited Company holds 0.01% or 1.06 million shares.

Since February 27, 2019, it had 1 insider buy, and 1 sale for $75,528 activity. KOLLAT DAVID T had sold 9,870 shares worth $354,728.

The stock of Wolverine World Wide Inc (NYSE:WWW) registered an increase of 17.67% in short interest. WWW’s total short interest was 3.14M shares in July as published by FINRA. Its up 17.67% from 2.67 million shares, reported previously. With 668,500 shares average volume, it will take short sellers 5 days to cover their WWW’s short positions. The short interest to Wolverine World Wide Inc’s float is 3.41%.

The stock increased 2.17% or $0.58 during the last trading session, reaching $27.28. About 474,261 shares traded. Wolverine World Wide, Inc. (NYSE:WWW) has declined 5.82% since July 14, 2018 and is downtrending. It has underperformed by 10.25% the S&P500.

Wolverine World Wide, Inc. designs, makes, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company has market cap of $2.42 billion. The firm operates through four divisions: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group, Wolverine Heritage Group, and Wolverine Multi-Brand Group. It has a 13.65 P/E ratio. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; childrenÂ’s footwear; industrial work boots and apparel; and uniform shoes and boots.

Wolverine World Wide, Inc. (NYSE:WWW) Ratings Coverage

Among 5 analysts covering Wolverine World Wide (NYSE:WWW), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Wolverine World Wide has $43 highest and $35 lowest target. $38.80’s average target is 42.23% above currents $27.28 stock price. Wolverine World Wide had 8 analyst reports since February 15, 2019 according to SRatingsIntel. As per Thursday, February 21, the company rating was maintained by Pivotal Research. The firm earned “Buy” rating on Thursday, June 20 by Wedbush. Citigroup maintained the stock with “Hold” rating in Thursday, February 21 report. Susquehanna maintained the stock with “Buy” rating in Wednesday, February 20 report. The stock of Wolverine World Wide, Inc. (NYSE:WWW) has “Hold” rating given on Friday, February 15 by Pivotal Research. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, February 19.

More notable recent Wolverine World Wide, Inc. (NYSE:WWW) news were published by: Cnbc.com which released: “The stock market is inches away from a new high and the Fed could push it over the top – CNBC” on June 18, 2019, also Globenewswire.com with their article: “Bragar Eagel & Squire, PC is Investigating CannTrust (NYSE: CTST) on Behalf of Stockholders and Encourages Investors to Contact the Firm – GlobeNewswire” published on July 09, 2019, Benzinga.com published: “Bulls & Bears Of The Week: Costco, DuPont, IBM, Merck And More – Benzinga” on July 13, 2019. More interesting news about Wolverine World Wide, Inc. (NYSE:WWW) were released by: Benzinga.com and their article: “Johnson & Johnson Falls On Report Of Justice Department Probe – Benzinga” published on July 12, 2019 as well as Benzinga.com‘s news article titled: “Wedbush Previews Harley’s Q2: Deterioration Trends May Have Occurred – Benzinga” with publication date: July 12, 2019.

Wolverine World Wide, Inc. (NYSE:WWW) Institutional Positions Chart

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