Could J.C. Penney Company Inc Holding Company (NYSE:JCP) Change Direction After Less Shorts?

J. C. Penney Company, Inc. (NYSE:JCP) Logo

Investors sentiment is 0.94 in Q2 2019. Its the same as in 2019Q1. It has no change, as 18 investors sold J. C. Penney Company, Inc. shares while 52 reduced holdings. only 22 funds opened positions while 44 raised stakes. 186.54 million shares or 8.68% less from 204.28 million shares in 2019Q1 were reported.
Evergreen Mgmt Limited Liability Corporation holds 0% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP) for 28,000 shares. Pnc Fincl Svcs invested in 0% or 6,750 shares. Quinn Opportunity Prtn Ltd Liability invested in 0.01% or 40,900 shares. 1,000 are held by Jfs Wealth Advsr Ltd Co. Goldman Sachs Grp Inc Inc accumulated 2.28 million shares. Fincl Architects Inc holds 0.01% in J. C. Penney Company, Inc. (NYSE:JCP) or 63,786 shares. 449,366 are owned by Paloma Prtn Mgmt. City Hldg, a West Virginia-based fund reported 9,500 shares. United Services Automobile Association reported 0% in J. C. Penney Company, Inc. (NYSE:JCP). Stone Ridge Asset Mgmt has 64,808 shares for 0% of their portfolio. Credit Suisse Ag reported 0% stake. Guggenheim Cap Lc reported 70,102 shares. Dupont Mngmt Corp reported 227,200 shares. Jpmorgan Chase owns 89,659 shares for 0% of their portfolio. Next Grp Inc holds 200 shares or 0% of its portfolio.

The stock of J.C. Penney Company Inc Holding Company (NYSE:JCP) registered a decrease of 6.85% in short interest. JCP’s total short interest was 120.92M shares in October as published by FINRA. Its down 6.85% from 129.81 million shares, reported previously. With 7.96 million shares average volume, it will take short sellers 15 days to cover their JCP’s short positions. The short interest to J.C. Penney Company Inc Holding Company’s float is 40.58%.

The stock increased 2.62% or $0.0255 during the last trading session, reaching $1. About 7.15M shares traded. J. C. Penney Company, Inc. (NYSE:JCP) has declined 67.66% since October 12, 2018 and is downtrending. It has underperformed by 67.66% the S&P500.

J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $317.84 million. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.

More notable recent J. C. Penney Company, Inc. (NYSE:JCP) news were published by: Fool.com which released: “Is There Any Hope for J.C. Penney? – The Motley Fool” on April 11, 2019, also Fool.com with their article: “Here’s What Macy’s and J.C. Penney Executives Are Saying After Earnings – Motley Fool” published on August 21, 2019, Seekingalpha.com published: “J.C. Penney: Stock Remains Speculative Despite Gross Margin Improvement – Seeking Alpha” on August 31, 2019. More interesting news about J. C. Penney Company, Inc. (NYSE:JCP) were released by: Seekingalpha.com and their article: “J.C. Penney: NYSE Delisting Appears Imminent – Seeking Alpha” published on August 22, 2019 as well as Fool.com‘s news article titled: “How Risky Is J.C. Penney Stock? – The Motley Fool” with publication date: March 06, 2019.

J. C. Penney Company, Inc. (NYSE:JCP) Institutional Positions Chart

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