PLBY Group, Inc. (NASDAQ:PLBY) Short Interest Up 40.5% in February

PLBY Group, Inc. (NASDAQ:PLBY) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,849,932 shares, an increase of 40.5% from the January 29th total of 1,316,328 shares. Based on an average daily volume of 3,299,543 shares, the short-interest ratio is currently 0.6 days. Approximately 2.8% of the shares of the company are short sold. Approximately 2.8% of the shares of the company are short sold. Based on an average daily volume of 3,299,543 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hudson Bay Capital Management LP raised its stake in shares of PLBY Group by 16.0% in the fourth quarter. Hudson Bay Capital Management LP now owns 41,033 shares of the company’s stock worth $77,000 after acquiring an additional 5,648 shares during the last quarter. Engineers Gate Manager LP increased its position in PLBY Group by 57.8% in the second quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock worth $37,000 after purchasing an additional 8,390 shares during the period. Boothbay Fund Management LLC raised its holdings in PLBY Group by 41.7% during the 3rd quarter. Boothbay Fund Management LLC now owns 35,658 shares of the company’s stock worth $52,000 after purchasing an additional 10,500 shares during the last quarter. Jane Street Group LLC lifted its position in PLBY Group by 15.4% during the 1st quarter. Jane Street Group LLC now owns 90,693 shares of the company’s stock valued at $100,000 after purchasing an additional 12,089 shares during the period. Finally, Vanguard Group Inc. lifted its position in PLBY Group by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,688,907 shares of the company’s stock valued at $3,953,000 after purchasing an additional 26,060 shares during the period. 32.46% of the stock is owned by institutional investors.

PLBY Group Trading Down 3.5%

Shares of PLBY opened at $1.91 on Monday. The stock has a market cap of $205.82 million, a PE ratio of -5.79 and a beta of 2.59. The stock has a 50 day simple moving average of $1.88 and a 200-day simple moving average of $1.71. PLBY Group has a 1 year low of $0.90 and a 1 year high of $2.75. The company has a current ratio of 0.92, a quick ratio of 0.78 and a debt-to-equity ratio of 46.45.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of PLBY Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, PLBY Group currently has a consensus rating of “Sell”.

PLBY Group Company Profile

PLBY Group, Inc is a global media and lifestyle company best known for its iconic Playboy brand. The company operates across multiple business segments, including consumer products, licensing, subscription commerce, sexual wellness and digital offerings. Through its diversified portfolio, PLBY Group brings its signature aesthetic and brand heritage to categories such as apparel, accessories, gaming, beverages, home goods and intimate lifestyle products.

In the consumer products segment, PLBY Group designs and markets a range of branded goods under licensing agreements with major retailers and distributors worldwide.