What’s Propelling Fossil Group Inc (NASDAQ:FOSL) After Higher Shorts Reported?

Fossil Group, Inc. (NASDAQ:FOSL) Logo

Investors sentiment decreased to 1.1 in Q2 2018. Its down 0.21, from 1.31 in 2018Q1. It worsened, as 27 investors sold Fossil Group, Inc. shares while 43 reduced holdings. 30 funds opened positions while 47 raised stakes. 42.13 million shares or 4.17% less from 43.96 million shares in 2018Q1 were reported.
Prudential Incorporated invested in 73,656 shares. Landscape Mgmt Ltd Liability Corporation reported 0.21% stake. Canada Pension Plan Invest Board reported 730,696 shares. State Board Of Administration Of Florida Retirement holds 23,879 shares. Mutual Of America Capital Management Limited Com has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Morgan Stanley stated it has 299,338 shares or 0% of all its holdings. 6.21M were accumulated by Blackrock. Qs Invsts Ltd Company holds 0% or 24 shares in its portfolio. Arizona State Retirement System accumulated 63,742 shares or 0.02% of the stock. The Pennsylvania-based Vanguard Gru Inc has invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Us Bankshares De invested 0% in Fossil Group, Inc. (NASDAQ:FOSL). Ubs Asset Americas accumulated 60,509 shares. Employees Retirement Association Of Colorado owns 8,461 shares or 0% of their US portfolio. Guggenheim Cap Limited Co accumulated 0% or 16,582 shares. Quinn Opportunity Partners Lc stated it has 0.02% of its portfolio in Fossil Group, Inc. (NASDAQ:FOSL).

Since August 22, 2018, it had 0 buys, and 4 insider sales for $2.17 million activity. SKINNER JAMES E sold 6,000 shares worth $127,867. Hart Darren E. had sold 40,009 shares worth $1.05M on Wednesday, August 22. The insider McKelvey Gregory A sold $679,596.

The stock of Fossil Group Inc (NASDAQ:FOSL) registered an increase of 9.14% in short interest. FOSL’s total short interest was 13.03M shares in December as published by FINRA. Its up 9.14% from 11.94 million shares, reported previously. With 1.96M shares average volume, it will take short sellers 7 days to cover their FOSL’s short positions. The short interest to Fossil Group Inc’s float is 28.74%.

The stock decreased 6.24% or $1.17 during the last trading session, reaching $17.58. About 2.15 million shares traded or 30.94% up from the average. Fossil Group, Inc. (NASDAQ:FOSL) has risen 200.37% since December 8, 2017 and is uptrending. It has outperformed by 184.75% the S&P500.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $869.43 million. The companyÂ’s principal products include a line of men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, and soft accessories. It currently has negative earnings. It offers its products under its proprietary brands, such as FOSSIL, MICHELE, MISFIT, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands, including ADIDAS, ARMANI EXCHANGE, BURBERRY, CHAPS, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC JACOBS, MICHAEL KORS, and TORY BURCH.

More notable recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: 247Wallst.com which released: “Tuesday’s Biggest Winners and Losers in the S&P 500 – 24/7 Wall St.” on November 27, 2018, also Nasdaq.com with their article: “What’s in the Cards for Fossil Group (FOSL) in Q2 Earnings? – Nasdaq” published on August 06, 2018, Seekingalpha.com published: “The Case For And Against Fossil – Seeking Alpha” on September 06, 2018. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) were released by: Seekingalpha.com and their article: “Fossil: Q3 Results Were Strong, The Stock Is Cheap – Seeking Alpha” published on November 09, 2018 as well as Nasdaq.com‘s news article titled: “3 Factors That Make Fossil Group (FOSL) a Lucrative Pick Now – Nasdaq” with publication date: November 23, 2018.

Fossil Group, Inc. (NASDAQ:FOSL) Institutional Positions Chart

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