PFSweb, Inc. (NASDAQ:PFSW) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 1,011,000 shares, a growth of 59.2% from the May 30th total of 634,900 shares. Based on an average daily trading volume, of 90,000 shares, the days-to-cover ratio is presently 11.2 days. Currently, 7.2% of the company’s stock are sold short.

Shares of NASDAQ PFSW traded up $0.25 during midday trading on Thursday, reaching $4.40. 62,862 shares of the company traded hands, compared to its average volume of 74,979. PFSweb has a 52 week low of $3.50 and a 52 week high of $10.57. The stock’s 50-day moving average is $3.89. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $79.99 million, a P/E ratio of 15.04 and a beta of 0.65.

PFSweb (NASDAQ:PFSW) last issued its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) EPS for the quarter. PFSweb had a return on equity of 12.07% and a net margin of 0.25%. The business had revenue of $72.15 million during the quarter.

A number of research firms have recently weighed in on PFSW. TheStreet downgraded shares of USD Partners from a “b-” rating to a “c+” rating in a research report on Friday, May 10th. Lake Street Capital set a $10.00 price objective on shares of PFSweb and gave the stock a “buy” rating in a report on Tuesday, March 19th. They noted that the move was a valuation call. ValuEngine downgraded shares of Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. Craig Hallum downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. Finally, Needham & Company LLC set a $12.00 price objective on shares of Niu Technologies and gave the stock a “buy” rating in a report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $9.44.

A number of institutional investors have recently modified their holdings of PFSW. Alambic Investment Management L.P. raised its position in PFSweb by 74.7% in the first quarter. Alambic Investment Management L.P. now owns 124,198 shares of the business services provider’s stock worth $647,000 after acquiring an additional 53,096 shares in the last quarter. Teton Advisors Inc. raised its position in PFSweb by 7.5% in the first quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock worth $1,883,000 after acquiring an additional 25,308 shares in the last quarter. Hollow Brook Wealth Management LLC bought a new stake in PFSweb in the first quarter worth about $114,000. Marshall Wace LLP bought a new stake in PFSweb in the first quarter worth about $104,000. Finally, SG Americas Securities LLC bought a new stake in PFSweb in the fourth quarter worth about $58,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

About PFSweb

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.

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