Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Get Rating) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 3,900 shares, a decrease of 48.0% from the July 15th total of 7,500 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company's stock are short sold.

Rocky Mountain Chocolate Factory Trading Down 1.3 %

Rocky Mountain Chocolate Factory stock traded down $0.09 during trading on Friday, hitting $6.82. 2,179 shares of the company were exchanged, compared to its average volume of 5,555. The business's 50 day moving average is $6.91 and its 200 day moving average is $7.13. Rocky Mountain Chocolate Factory has a 52 week low of $5.48 and a 52 week high of $10.36. The company has a market capitalization of $42.42 million, a P/E ratio of -40.12 and a beta of 0.99.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Rating) last announced its quarterly earnings results on Wednesday, July 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $7.83 million for the quarter. Rocky Mountain Chocolate Factory had a positive return on equity of 3.66% and a negative net margin of 3.18%.

Insider Transactions at Rocky Mountain Chocolate Factory

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Rocky Mountain Chocolate Factory stock. Ridgewood Investments LLC purchased a new position in shares of Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Get Rating) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 28,480 shares of the company's stock, valued at approximately $215,000. Ridgewood Investments LLC owned 0.46% of Rocky Mountain Chocolate Factory as of its most recent filing with the SEC. 36.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Rocky Mountain Chocolate Factory in a report on Tuesday. They set a "hold" rating for the company.

Rocky Mountain Chocolate Factory Company Profile

(Get Rating)

Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company produces approximately 400 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.

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