Will Prestige Brand Holdings Inc (NYSE:PBH) Run Out of Steam Soon? Short Interest is Up

August 9, 2018 - By Kristin Houston

Prestige Brands Holdings, Inc. (NYSE:PBH) Logo

Investors sentiment increased to 1.25 in 2018 Q1. Its up 0.13, from 1.12 in 2017Q4. It increased, as 28 investors sold Prestige Brands Holdings, Inc. shares while 65 reduced holdings. 36 funds opened positions while 80 raised stakes. 62.22 million shares or 4.87% more from 59.33 million shares in 2017Q4 were reported.
11,467 are held by First Lp. Mutual Of America Cap Management Llc reported 0.02% stake. Gemmer Asset Mngmt Ltd Limited Liability Company invested in 0% or 91 shares. Jefferies Group Inc Limited Liability Company accumulated 8,810 shares. South Dakota Council holds 51,900 shares or 0.04% of its portfolio. Teacher Retirement Of Texas holds 0% or 11,703 shares in its portfolio. Captrust Advisors accumulated 1,011 shares or 0% of the stock. Parallax Volatility Advisers Ltd Partnership accumulated 2,907 shares. Nomura Holding Inc has invested 0% of its portfolio in Prestige Brands Holdings, Inc. (NYSE:PBH). Eagle Boston Mngmt has invested 0.84% in Prestige Brands Holdings, Inc. (NYSE:PBH). 35,767 were accumulated by Aperio Lc. Lapides Asset Mngmt Ltd Co holds 122,700 shares. 7,656 are held by Amalgamated Bancshares. Moreover, Advisory Service Network Ltd Limited Liability Company has 0% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 577 shares. Ameritas Inc holds 0.03% in Prestige Brands Holdings, Inc. (NYSE:PBH) or 20,477 shares.

The stock of Prestige Brand Holdings Inc (NYSE:PBH) registered an increase of 4.04% in short interest. PBH’s total short interest was 8.20 million shares in August as published by FINRA. Its up 4.04% from 7.88 million shares, reported previously. With 622,600 shares average volume, it will take short sellers 13 days to cover their PBH’s short positions. The short interest to Prestige Brand Holdings Inc’s float is 17.12%.

The stock increased 0.16% or $0.06 during the last trading session, reaching $37.2. About 4,267 shares traded. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 30.94% since August 9, 2017 and is downtrending. It has underperformed by 43.51% the S&P500.

Prestige Brands Holdings, Inc., through its subsidiaries, markets, sells, makes, and distributes over-the-counter healthcare and household cleaning products in North America, Australia, and internationally. The company has market cap of $1.92 billion. It operates through North American OTC Healthcare, International OTC Healthcare, and Household Cleaning divisions. It has a 5.84 P/E ratio. The companyÂ’s OTC healthcare products include Chloraseptic sore throat treatments and mouth pain products, Clear Eyes eye care products, Compound W wart removers, Dramamine Non-Drowsy naturals, Efferdent denture cleansers, Luden's throat drops, BC and Goody's analgesic powders, Beano for gas prevention, Debrox for ear wax removal, and Gaviscon for upset stomach remedies.

Prestige Brands Holdings, Inc. (NYSE:PBH) Institutional Positions Chart

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