Winmark Corporation (NASDAQ:WINA) Short Interest Up 19.5% in February

Winmark Corporation (NASDAQ:WINA) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 401,396 shares, a growth of 19.5% from the February 12th total of 335,798 shares. Approximately 12.5% of the shares of the stock are short sold. Based on an average daily volume of 74,443 shares, the days-to-cover ratio is currently 5.4 days. Based on an average daily volume of 74,443 shares, the days-to-cover ratio is currently 5.4 days. Approximately 12.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its position in shares of Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after purchasing an additional 34 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of Winmark by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 545 shares of the specialty retailer’s stock valued at $221,000 after purchasing an additional 35 shares during the last quarter. Mariner LLC lifted its position in Winmark by 3.9% during the third quarter. Mariner LLC now owns 933 shares of the specialty retailer’s stock worth $464,000 after buying an additional 35 shares in the last quarter. Anchor Capital Advisors LLC lifted its position in Winmark by 1.3% during the third quarter. Anchor Capital Advisors LLC now owns 3,402 shares of the specialty retailer’s stock worth $1,693,000 after buying an additional 43 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Winmark by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock worth $2,105,000 after buying an additional 43 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $449.51 on Monday. Winmark has a 1 year low of $295.79 and a 1 year high of $527.37. The firm has a market capitalization of $1.61 billion, a PE ratio of 39.74 and a beta of 0.67. The business’s 50 day moving average price is $446.91 and its 200-day moving average price is $444.49.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, February 18th. The specialty retailer reported $2.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.09). Winmark had a negative return on equity of 102.34% and a net margin of 48.40%.The business had revenue of $21.09 million for the quarter, compared to analyst estimates of $21.09 million.

Winmark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 11th were paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, February 11th. Winmark’s dividend payout ratio is currently 33.95%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Winmark Company Profile

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.