GNC Holdings, Inc. (GNC) Reaches $5.47 After 9.00% Up Move; Ultralife (ULBI) Shorts Increased By 122.5%

December 11, 2017 - By Vivian Currie

Ultralife Corporation (NASDAQ:ULBI) had an increase of 122.5% in short interest. ULBI’s SI was 35,600 shares in December as released by FINRA. Its up 122.5% from 16,000 shares previously. With 32,400 avg volume, 1 days are for Ultralife Corporation (NASDAQ:ULBI)’s short sellers to cover ULBI’s short positions. The SI to Ultralife Corporation’s float is 0.42%. The stock increased 3.23% or $0.2 during the last trading session, reaching $6.4. About 8,754 shares traded. Ultralife Corporation (NASDAQ:ULBI) has risen 59.57% since December 11, 2016 and is uptrending. It has outperformed by 42.87% the S&P500.

The stock of GNC Holdings, Inc. (NYSE:GNC) is a huge mover today! The stock increased 3.70% or $0.195 during the last trading session, reaching $5.465. About 935,510 shares traded. GNC Holdings, Inc. (NYSE:GNC) has declined 70.69% since December 11, 2016 and is downtrending. It has underperformed by 87.39% the S&P500.The move comes after 9 months positive chart setup for the $377.10M company. It was reported on Dec, 11 by Barchart.com. We have $5.96 PT which if reached, will make NYSE:GNC worth $33.94M more.

Investors sentiment decreased to 1.33 in Q2 2017. Its down 1.17, from 2.5 in 2017Q1. It is negative, as 2 investors sold Ultralife Corporation shares while 6 reduced holdings. 9 funds opened positions while 11 raised stakes. 3.78 million shares or 17.65% more from 3.22 million shares in 2017Q1 were reported. Wealthcare Cap Mngmt Limited Liability Company stated it has 200 shares. Prentiss Smith Com reported 700 shares. Wellington Group Ltd Liability Partnership accumulated 0% or 827,944 shares. Northern Tru reported 27,473 shares. Tfs Limited Liability Corp reported 26,344 shares. Vanguard Gru stated it has 0% of its portfolio in Ultralife Corporation (NASDAQ:ULBI). Moreover, Spark Limited Com has 0.03% invested in Ultralife Corporation (NASDAQ:ULBI) for 76,100 shares. Saturna Capital reported 0% stake. Creative Planning reported 2,000 shares stake. Morgan Stanley reported 11,522 shares. Blackrock Incorporated invested in 117,989 shares. Dimensional Fund Advsrs L P reported 861,900 shares. Shikiar Asset Management Inc invested in 0.06% or 18,000 shares. Geode Capital Limited Liability Corp accumulated 63,199 shares. Glob X Management Lc has 118,633 shares.

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems for government, defense, and commercial sectors worldwide. The company has market cap of $100.02 million. The firm operates through two divisions, Battery & Energy Products and Communications Systems. It has a 17.78 P/E ratio. The Battery & Energy Products segment provides lithium 9-volt batteries, cylindrical batteries, thin lithium manganese dioxide batteries, lithium ion cells and rechargeable batteries, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables.

Analysts await GNC Holdings, Inc. (NYSE:GNC) to report earnings on February, 15. They expect $0.21 earnings per share, up 200.00% or $0.14 from last year’s $0.07 per share. GNC’s profit will be $14.49 million for 6.51 P/E if the $0.21 EPS becomes a reality. After $0.32 actual earnings per share reported by GNC Holdings, Inc. for the previous quarter, Wall Street now forecasts -34.38% negative EPS growth.

GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. The company has market cap of $377.10 million. The Company’s products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink, and other general merchandise. It currently has negative earnings. The firm sells its products under the GNC proprietary brands, as well as under third-party brands.

Among 11 analysts covering GNC Holdings (NYSE:GNC), 2 have Buy rating, 4 Sell and 5 Hold. Therefore 18% are positive. GNC Holdings had 24 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wedbush given on Friday, April 29. On Friday, September 15 the stock rating was maintained by Robert W. Baird with “Hold”. Piper Jaffray initiated the shares of GNC in report on Tuesday, May 10 with “Overweight” rating. The company was downgraded on Friday, October 28 by Piper Jaffray. As per Tuesday, December 13, the company rating was downgraded by Barclays Capital. Sterne Agee CRT downgraded the stock to “Neutral” rating in Friday, October 23 report. The stock of GNC Holdings, Inc. (NYSE:GNC) earned “Buy” rating by Goldman Sachs on Wednesday, April 6. The firm earned “Underperform” rating on Friday, October 28 by Bank of America. The firm earned “Underweight” rating on Friday, July 28 by Barclays Capital. On Friday, October 28 the stock rating was maintained by Deutsche Bank with “Hold”.

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