Off The Hook Ys Inc. (NYSEAMERICAN:NXB) Short Interest Update

Off The Hook Ys Inc. (NYSEAMERICAN:NXB) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 16,462 shares, a decline of 47.5% from the May 31st total of 31,385 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 27,926 shares, the short-interest ratio is currently 0.6 days.

Off The Hook Ys Price Performance

NYSEAMERICAN:NXB opened at $2.50 on Tuesday. Off The Hook Ys has a fifty-two week low of $1.70 and a fifty-two week high of $3.90. The business’s 50 day moving average is $2.48.

Off The Hook Ys (NYSEAMERICAN:NXB) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.14) EPS for the quarter. The business had revenue of $29.84 million during the quarter.

Insider Transactions at Off The Hook Ys

In other Off The Hook Ys news, CEO Brian John sold 120,000 shares of Off The Hook Ys stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $2.41, for a total transaction of $289,200.00. Following the completion of the sale, the chief executive officer directly owned 1,133,350 shares in the company, valued at $2,731,373.50. This trade represents a 9.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Jason Daniel Ruegg sold 475,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $2.00, for a total transaction of $950,000.00. Following the completion of the sale, the chairman directly owned 10,775,000 shares in the company, valued at $21,550,000. This trade represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 600,000 shares of company stock worth $1,252,400 in the last ninety days.

Hedge Funds Weigh In On Off The Hook Ys

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in Off The Hook Ys in the 4th quarter valued at about $35,000. Geode Capital Management LLC acquired a new stake in shares of Off The Hook Ys during the fourth quarter worth about $42,000. Millennium Management LLC acquired a new stake in shares of Off The Hook Ys during the fourth quarter worth about $52,000. Finally, HRT Financial LP purchased a new position in shares of Off The Hook Ys in the fourth quarter valued at approximately $58,000.

About Off The Hook Ys

We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.