J.Jill Inc (JILL) Short Interest Update

J.Jill Inc (NASDAQ:JILL) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,462,774 shares, a decrease of 43.9% from the October 13th total of 2,608,444 shares. Based on an average daily trading volume, of 792,579 shares, the short-interest ratio is currently 1.8 days. Currently, 10.3% of the company’s stock are short sold.

A number of research firms have weighed in on JILL. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 price objective on shares of J.Jill in a research report on Thursday, August 17th. Zacks Investment Research cut shares of J.Jill from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of J.Jill in a research report on Thursday, August 24th. Morgan Stanley cut shares of J.Jill from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 12th. Finally, BidaskClub raised shares of J.Jill from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $15.00.

In other news, Director Michael A. Eck acquired 10,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was bought at an average cost of $9.92 per share, with a total value of $99,200.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JILL. California Public Employees Retirement System acquired a new stake in shares of J.Jill in the first quarter valued at approximately $705,000. UBS Group AG acquired a new stake in shares of J.Jill in the first quarter valued at approximately $121,000. Goldman Sachs Group Inc. acquired a new stake in shares of J.Jill in the first quarter valued at approximately $1,445,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of J.Jill in the second quarter valued at approximately $426,000. Finally, Boston Advisors LLC acquired a new stake in shares of J.Jill in the second quarter valued at approximately $5,439,000.

Shares of J.Jill (NASDAQ:JILL) opened at $5.08 on Tuesday. J.Jill has a 12 month low of $4.74 and a 12 month high of $14.40.

J.Jill (NASDAQ:JILL) last released its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $181.40 million for the quarter, compared to analyst estimates of $179.02 million. J.Jill had a net margin of 6.61% and a return on equity of 35.03%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis.

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J.Jill Company Profile

J.Jill, Inc (J.Jill) operates as a specialty retailer in the women’s apparel industry. J.Jill is a women’s apparel brand focused on customer in the 40-65 age segment. The Company operates an integrated omni-channel platform that is diversified across its retail stores, Website and catalogs.

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