Iconix Brand Group Inc (NASDAQ:ICON) Could Improve Your Long Portfolio After Less Shorts Reported

Iconix Brand Group, Inc. (NASDAQ:ICON) Logo

The stock of Iconix Brand Group Inc (NASDAQ:ICON) registered a decrease of 0.5% in short interest. ICON’s total short interest was 1.44 million shares in September as published by FINRA. Its down 0.5% from 1.45 million shares, reported previously. With 522,500 shares average volume, it will take short sellers 3 days to cover their ICON’s short positions. The short interest to Iconix Brand Group Inc’s float is 26.68%.

The stock increased 5.95% or $0.1059 during the last trading session, reaching $1.8859. About 136,201 shares traded. Iconix Brand Group, Inc. (NASDAQ:ICON) has declined 82.44% since September 13, 2018 and is downtrending. It has underperformed by 82.44% the S&P500.

Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across the womenÂ’s, menÂ’s, entertainment, and home industries in the United States and internationally. The company has market cap of $21.93 million. The companyÂ’s brand portfolio includes Candie's, Bongo, Joe Boxer, Rampage, Mudd, Mossimo, London Fog, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/ Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Zoo York, Umbro, Lee Cooper, Ecko Unltd/Mark Ecko Cut & Sew, Strawberry Shortcake, and Artful Dodger brands. It currently has negative earnings. It also owns interests in the Material Girl, Peanuts, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham, Hydraulic, and Pony Brands.

More notable recent Iconix Brand Group, Inc. (NASDAQ:ICON) news were published by: Nasdaq.com which released: “Icon PLC (ICLR) Tops Q2 Earnings and Revenue Estimates – Nasdaq” on July 24, 2019, also Nasdaq.com with their article: “Greenlane and Sherbinskis Partner for Launch and National Distribution of American Grown Hemp Pre-Rolls – Nasdaq” published on September 05, 2019, Nasdaq.com published: “Trump’s new Mexico envoy stirs hornet’s nest with Frida Kahlo jab – Nasdaq” on September 02, 2019. More interesting news about Iconix Brand Group, Inc. (NASDAQ:ICON) were released by: Nasdaq.com and their article: “Robert Mugabe: death of a liberation “icon” who crushed his foes as Zimbabwe unravelled – Nasdaq” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Do You Like ICON Public Limited Company (NASDAQ:ICLR) At This P/E Ratio? – Yahoo Finance” with publication date: September 11, 2019.

Iconix Brand Group, Inc. (NASDAQ:ICON) Institutional Positions Chart

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