Bojangles Incorporated (NASDAQ:BOJA) Short Interest Increased By 7.44%

The stock of Bojangles Incorporated (NASDAQ:BOJA) registered an increase of 7.44% in short interest. BOJA’s total short interest was 1.25 million shares in April as published by FINRA. Its up 7.44% from 1.16 million shares, reported previously. With 431,500 shares average volume, it will take short sellers 3 days to cover their BOJA’s short positions. The short interest to Bojangles Incorporated’s float is 12.44%. The stock is up 1.16% or $0.2 after the news, hitting $17.4 per share. About 203,521 shares traded hands. Bojangles Inc (NASDAQ:BOJA) has declined 18.21% since September 2, 2015 and is downtrending. It has underperformed by 23.28% the S&P500.

Bojangles’, Inc. is a restaurant operator and franchisor. The company has a market cap of $650.00 million. The Firm is engaged in serving clients with food made from its Southern recipes. It has 24.58 P/E ratio. The Company’s restaurants offer biscuits, bone-in fried chicken, fixin’s and Legendary Iced Tea.

Out of 9 analysts covering Bojangles Inc (NASDAQ:BOJA), 6 rate it “Buy”, 0 “Sell”, while 5 “Hold”. This means 55% are positive. Bojangles Inc was the topic in 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc.

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