A Reversal for Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Is Not Near. The Stock Has Rise in Shorts

December 8, 2017 - By Clifton Ray

 A Reversal for Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) Is Not Near. The Stock Has Rise in Shorts

Investors sentiment decreased to 0.87 in 2017 Q2. Its down 0.39, from 1.26 in 2017Q1. It dived, as 9 investors sold Bravo Brio Restaurant Group, Inc. shares while 14 reduced holdings. 6 funds opened positions while 14 raised stakes. 8.69 million shares or 0.19% more from 8.67 million shares in 2017Q1 were reported.
D E Shaw Com has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Bnp Paribas Arbitrage has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 3 shares. Cornerstone Management Holding Limited Company accumulated 14,000 shares. Moreover, Gsa Ptnrs Ltd Liability Partnership has 0.04% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Winslow Asset Mngmt holds 0.05% or 56,579 shares in its portfolio. Tudor Investment Corp Et Al has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Brandes Investment Prtnrs Ltd Partnership reported 30,339 shares. Aristotle Boston Lc accumulated 430,488 shares. Bridgeway Mngmt Incorporated has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Prelude Limited Liability Corporation has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Eagle Asset Mngmt Inc has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Vanguard Gp Inc invested in 0% or 274,994 shares. Northern has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 53,474 shares. Blackrock Inc owns 800,823 shares. Fincl Bank Of America De holds 83,089 shares.

The stock of Bravo Brio Restaurant Group Incorporated (NASDAQ:BBRG) registered an increase of 7.39% in short interest. BBRG’s total short interest was 1.13 million shares in December as published by FINRA. Its up 7.39% from 1.05M shares, reported previously. With 72,000 shares average volume, it will take short sellers 16 days to cover their BBRG’s short positions. The short interest to Bravo Brio Restaurant Group Incorporated’s float is 9.62%.

The stock decreased 2.27% or $0.05 during the last trading session, reaching $2.15. About 25,690 shares traded. Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has declined 30.93% since December 8, 2016 and is downtrending. It has underperformed by 47.63% the S&P500.

Bravo Brio Restaurant Group, Inc. owns and operates Italian restaurants in the United States. The company has market cap of $32.69 million. The firm operates full-service Italian restaurants under the BRAVO! Cucina Italiana brand name; Italian chophouse restaurants under the BRIO Tuscan Grille brand name; and full-service American-French bistro restaurant under the Bon Vie brand name. It currently has negative earnings. The Company’s restaurants primarily offer Italian food and wine.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Among 4 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Bravo Brio Restaurant Group Inc. has $12 highest and $2.0 lowest target. $2.25’s average target is 4.65% above currents $2.15 stock price. Bravo Brio Restaurant Group Inc. had 9 analyst reports since November 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, August 4 by Jefferies. The stock has “Neutral” rating by Sidoti on Thursday, December 10. Jefferies maintained the shares of BBRG in report on Tuesday, June 13 with “Hold” rating. Jefferies maintained the shares of BBRG in report on Thursday, November 2 with “Hold” rating. The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) earned “Hold” rating by Jefferies on Monday, September 11. The firm has “Underweight” rating given on Thursday, September 7 by PiperJaffray. Piper Jaffray downgraded Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) rating on Thursday, September 7. Piper Jaffray has “Sell” rating and $2.0 target. Jefferies maintained Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) rating on Wednesday, February 24. Jefferies has “Hold” rating and $9 target.

More notable recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Globenewswire.com which released: “Bravo Brio Restaurant Group, Inc. Issues Response to Open Letter from TAC …” on October 25, 2017, also Seekingalpha.com with their article: “Bravo Brio: At An Inflection Point” published on August 05, 2017, Globenewswire.com published: “Bravo Brio Restaurant Group, Inc. Names Diane D. Reed as Chief Financial Officer” on October 02, 2017. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) were released by: Seekingalpha.com and their article: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q1 2017 Results …” published on May 02, 2017 as well as Seekingalpha.com‘s news article titled: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q3 2017 Results …” with publication date: November 02, 2017.

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