Tilly’s Inc (NYSE:TLYS) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 444,600 shares, an increase of 19.8% from the August 30th total of 371,200 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 313,100 shares, the short-interest ratio is currently 1.4 days.

Shares of TLYS stock traded up $0.06 during midday trading on Tuesday, reaching $9.82. 16,359 shares of the stock were exchanged, compared to its average volume of 292,685. Tilly’s has a 1 year low of $7.62 and a 1 year high of $18.28. The company’s 50 day moving average is $9.82 and its two-hundred day moving average is $9.51. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 1.34. The firm has a market cap of $293.10 million, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.08 and a beta of 0.53.

Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, August 28th. The specialty retailer reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. Tilly’s had a return on equity of 14.65% and a net margin of 4.11%. The firm had revenue of $161.70 million for the quarter, compared to the consensus estimate of $156.67 million. During the same quarter in the prior year, the business earned $0.29 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities analysts expect that Tilly’s will post 0.83 EPS for the current fiscal year.

TLYS has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Tilly’s from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Saturday, September 7th. B. Riley set a $14.00 price target on Tilly’s and gave the company a “buy” rating in a report on Monday, August 26th. TheStreet downgraded Tilly’s from a “b-” rating to a “c+” rating in a report on Tuesday, June 25th. ValuEngine upgraded Tilly’s from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Pivotal Research restated a “buy” rating and set a $12.00 price target on shares of Tilly’s in a report on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Tilly’s currently has an average rating of “Buy” and a consensus price target of $14.40.

In other news, Director Bernard Zeichner sold 10,000 shares of Tilly’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $10.75, for a total value of $107,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 29.50% of the stock is currently owned by insiders.

Several hedge funds have recently bought and sold shares of TLYS. Susquehanna Fundamental Investments LLC boosted its position in shares of Tilly’s by 90.7% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 27,122 shares of the specialty retailer’s stock worth $207,000 after purchasing an additional 12,900 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in shares of Tilly’s by 244.4% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 327,032 shares of the specialty retailer’s stock worth $2,495,000 after purchasing an additional 232,086 shares in the last quarter. Jefferies Group LLC bought a new stake in shares of Tilly’s in the 2nd quarter worth approximately $137,000. Connors Investor Services Inc. boosted its position in shares of Tilly’s by 46.2% in the 2nd quarter. Connors Investor Services Inc. now owns 19,000 shares of the specialty retailer’s stock worth $145,000 after purchasing an additional 6,000 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Tilly’s by 5.7% in the 2nd quarter. AQR Capital Management LLC now owns 803,999 shares of the specialty retailer’s stock worth $6,135,000 after purchasing an additional 43,490 shares in the last quarter. Hedge funds and other institutional investors own 69.82% of the company’s stock.

Tilly’s Company Profile

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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