Kidpik Corp. (NASDAQ:PIK) Short Interest Update

Kidpik Corp. (NASDAQ:PIK) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 193,200 shares, an increase of 1,812.9% from the February 29th total of 10,100 shares. Based on an average daily volume of 804,600 shares, the days-to-cover ratio is currently 0.2 days.

Kidpik Stock Performance

PIK stock traded up $1.30 during midday trading on Friday, reaching $4.57. 9,612,929 shares of the company were exchanged, compared to its average volume of 2,593,096. Kidpik has a 1-year low of $1.55 and a 1-year high of $10.70. The stock’s 50-day simple moving average is $2.76 and its 200 day simple moving average is $2.56. The company has a market cap of $8.56 million, a price-to-earnings ratio of -0.93 and a beta of 2.86.

Hedge Funds Weigh In On Kidpik

An institutional investor recently bought a new position in Kidpik stock. Vanguard Group Inc. acquired a new stake in Kidpik Corp. (NASDAQ:PIK) during the first quarter, according to its most recent filing with the SEC. The firm acquired 19,500 shares of the company’s stock, valued at approximately $94,000. Vanguard Group Inc. owned about 0.26% of Kidpik at the end of the most recent reporting period. 4.21% of the stock is currently owned by institutional investors and hedge funds.

Kidpik Company Profile

Kidpik Corp. operates as a subscription-based e-commerce company that sells kids apparel, footwear, and accessories. It offers apparel, including tops, bottoms, cardigans, jackets, dresses, and swimwear in knit and woven fabrications; shoes, such as sneakers, boots, sandals, and dress shoes; and accessories comprising sunglasses, jewelry, bags, socks, hats, hair goods, and other items.