Short Interest in Camping World Holdings, Inc. (NYSE:CWH) Grows By 19.6%

Camping World Holdings, Inc. (NYSE:CWH) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,640,000 shares, an increase of 19.6% from the December 15th total of 5,550,000 shares. Based on an average daily volume of 1,510,000 shares, the short-interest ratio is currently 4.4 days.

Camping World Stock Down 1.2 %

Camping World stock traded down $0.28 during mid-day trading on Friday, hitting $22.90. 745,076 shares of the company’s stock traded hands, compared to its average volume of 1,070,124. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World has a one year low of $17.29 and a one year high of $28.72. The firm has a 50 day moving average price of $22.74 and a 200 day moving average price of $22.18.

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.18%. Camping World’s payout ratio is -72.46%.

Institutional Trading of Camping World

Institutional investors have recently made changes to their positions in the stock. Quest Partners LLC raised its holdings in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after purchasing an additional 1,299 shares in the last quarter. Point72 DIFC Ltd bought a new stake in shares of Camping World in the 2nd quarter worth $50,000. Truvestments Capital LLC acquired a new position in Camping World in the third quarter worth approximately $165,000. nVerses Capital LLC acquired a new stake in shares of Camping World during the 3rd quarter valued at $191,000. Finally, Blueshift Asset Management LLC bought a new stake in shares of Camping World during the 3rd quarter worth $214,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CWH has been the topic of a number of recent analyst reports. Monness Crespi & Hardt increased their price target on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Roth Mkm reaffirmed a “buy” rating and issued a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $24.00 target price (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Finally, KeyCorp increased their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.75.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.