Surf Cat

The stock of Mastercraft Boat Holdings Inc (NASDAQ:MCFT) registered an increase of 6.94% in short interest. MCFT’s total short interest was 856,900 shares in September as published by FINRA. Its up 6.94% from 801,300 shares, reported previously. With 168,700 shares average volume, it will take short sellers 5 days to cover their MCFT’s short positions. The short interest to Mastercraft Boat Holdings Inc’s float is 4.7%.

The stock increased 0.07% or $0.01 during the last trading session, reaching $14.54. About 305,108 shares traded. MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) has declined 32.22% since September 22, 2018 and is downtrending. It has underperformed by 32.22% the S&P500.

MCBC Holdings, Inc., through its subsidiaries, innovates, designs, makes, and markets recreational sport boats in North America and internationally. The company has market cap of $273.10 million. The firm offers recreational performance sport boats, which are primarily used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating. It has a 12.75 P/E ratio. It distributes its recreational performance sport boats under the MasterCraft brand name.

Among 2 analysts covering MasterCraft Boat Holdings (NASDAQ:MCFT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. MasterCraft Boat Holdings has $3700 highest and $1500 lowest target. $26’s average target is 78.82% above currents $14.54 stock price. MasterCraft Boat Holdings had 3 analyst reports since July 22, 2019 according to SRatingsIntel. The stock has “Buy” rating by B. Riley & Co on Tuesday, August 27. The stock of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) has “Hold” rating given on Friday, September 13 by SunTrust.

More notable recent MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) news were published by: Globenewswire.com which released: “MasterCraft Completes Acquisition of Crest Nasdaq:MCFT – GlobeNewswire” on October 01, 2018, also Seekingalpha.com with their article: “Consumer – Top 5 Gainers / Losers – Seeking Alpha” published on September 12, 2019, Fool.com published: “MCBC Holdings (MCFT) Q3 2019 Earnings Call Transcript – Motley Fool” on May 10, 2019. More interesting news about MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) were released by: Nasdaq.com and their article: “3 Reasons Why MasterCraft Boat Holdings, Inc. (MCFT) Is a Great Growth Stock – Nasdaq” published on May 30, 2019 as well as Globenewswire.com‘s news article titled: “MasterCraft Boat Holdings, Inc., Promotes Jay Povlin to President of NauticStar – GlobeNewswire” with publication date: March 12, 2019.