Is Buying Sleep Number Corporation (NASDAQ:SNBR) Here Good Idea?

The stock of Sleep Number Corporation (NASDAQ:SNBR) registered an increase of 1.43% in short interest. SNBR’s total short interest was 7.09M shares in May as published by FINRA. Its up 1.43% from 6.99M shares, reported previously. With 998,500 shares average volume, it will take short sellers 7 days to cover their SNBR’s short positions. The short interest to Sleep Number Corporation’s float is 21.9%.

The stock increased 1.25% or $0.42 during the last trading session, reaching $34.11. About 342,769 shares traded. Sleep Number Corporation (NASDAQ:SNBR) has risen 33.14% since May 15, 2018 and is uptrending. It has outperformed by 28.77% the S&P500.

Select Comfort Corporation, together with its subsidiaries, provides sleep solutions and services in the United States. The company has market cap of $1.03 billion. It designs, makes, markets, retails, and services beds and bedding accessories, such as mattresses, adjustable bases, pillows, sheets, and other bedding products. It has a 15.72 P/E ratio. The firm sells its products directly to clients through retail, online, and phone, as well as through wholesale.

More notable recent Sleep Number Corporation (NASDAQ:SNBR) news were published by: which released: “Should You Be Concerned About Sleep Number Corporation’s (NASDAQ:SNBR) Historical Volatility? – Yahoo Finance” on May 13, 2019, also with their article: “Consumer Sector Update for 04/18/2019: PIR, SNBR, SKX, WMT, MCD, DIS, CVS, KO – Nasdaq” published on April 18, 2019, published: “US Market Indexes Close Lower Wednesday –” on April 17, 2019. More interesting news about Sleep Number Corporation (NASDAQ:SNBR) were released by: and their article: “May 13, 2019 – State of Tennessee, Treasury Department Buys Royal Bank of Canada, Southwest Airlines Co, Concho Resources Inc, Sells Merck Inc, Abbott Laboratories, Walmart Inc –” published on May 13, 2019 as well as‘s news article titled: “Is Mr. Cooper Group Inc. (COOP) A Good Stock To Buy? – Yahoo Finance” with publication date: May 03, 2019.

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