Short Interest in Kidpik Corp. (NASDAQ:PIK) Decreases By 80.3%

Kidpik Corp. (NASDAQ:PIK – Get Rating) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 81,200 shares, a decrease of 80.3% from the March 31st total of 412,800 shares. Based on an average daily volume of 5,280,000 shares, the short-interest ratio is currently 0.0 days.

Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Kidpik during the 4th quarter valued at $36,000. Virtu Financial LLC acquired a new stake in Kidpik during the 4th quarter valued at $75,000. Citadel Advisors LLC purchased a new position in Kidpik in the fourth quarter valued at about $188,000. Finally, Kepos Capital LP acquired a new stake in shares of Kidpik during the fourth quarter worth approximately $651,000. 7.21% of the stock is currently owned by institutional investors.

Shares of PIK stock opened at $2.01 on Thursday. The business’s 50-day moving average price is $3.16. Kidpik has a 1 year low of $1.51 and a 1 year high of $10.49.

Kidpik (NASDAQ:PIK – Get Rating) last released its quarterly earnings data on Thursday, March 31st. The company reported ($0.28) EPS for the quarter. The company had revenue of $5.27 million for the quarter.

Kidpik Company Profile (Get Rating)

Kidpik Corp. operates as a subscription-based e-commerce company that sells girls' and boys' apparel, footwear, and accessories. It offers apparel, including tops, bottoms, cardigans, jackets, dresses, and swimwear in knit and woven fabrication; shoes, such as sneakers, boots, sandals, and dress shoes; and accessories comprising sunglasses, jewelry, bags, socks, hats, and hair goods.

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