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 December 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 decreased 2.04% or $0.32 during the last trading session, reaching $15.34. About 117,767 shares traded. MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) has declined 32.43% since December 15, 2018 and is downtrending. It has underperformed by 32.43% 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 $289.22 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 13.34 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 69.49% above currents $15.34 stock price. MasterCraft Boat Holdings had 4 analyst reports since July 22, 2019 according to SRatingsIntel. SunTrust maintained MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) on Friday, September 13 with “Hold” rating. The stock of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) earned “Buy” rating by B. Riley & Co on Tuesday, August 27.

More notable recent MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) news were published by: Globenewswire.com which released: “MasterCraft Announces Redesigned Entry-Level NXT Boats – GlobeNewswire” on July 16, 2019, also Seekingalpha.com with their article: “Midday Gainers / Losers – Seeking Alpha” published on September 12, 2019, Globenewswire.com published: “MasterCraft X24 Named National Marine Manufacturers Association 2019 Innovation Award Winner – GlobeNewswire” on February 22, 2019. More interesting news about MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) were released by: Nasdaq.com and their article: “Semiconductor ETFs Remain Compelling Bets – Nasdaq” published on April 03, 2019 as well as Globenewswire.com‘s news article titled: “MasterCraft Boat Holdings, Inc., Names Brightbill CEO – GlobeNewswire” with publication date: December 03, 2019.