Celsius Holdings, Inc. (NASDAQ:CELH – Get Free Report) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 33,440,000 shares, a growth of 9.1% from the November 15th total of 30,650,000 shares. Based on an average daily volume of 4,800,000 shares, the short-interest ratio is presently 7.0 days.

Celsius Price Performance

CELH stock traded down $1.22 during midday trading on Friday, reaching $49.68. The company had a trading volume of 5,890,915 shares, compared to its average volume of 3,817,985. The firm has a 50-day moving average price of $57.88 and a 200-day moving average price of $55.26. The company has a market capitalization of $11.51 billion, a P/E ratio of 103.50 and a beta of 1.74. Celsius has a 1 year low of $26.75 and a 1 year high of $68.95.

Celsius (NASDAQ:CELH – Get Free Report) last announced its earnings results on Tuesday, November 7th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.13. Celsius had a net margin of 13.54% and a return on equity of 160.56%. The company had revenue of $384.80 million during the quarter, compared to analyst estimates of $351.54 million. During the same period in the previous year, the business earned ($0.24) earnings per share. The firm’s quarterly revenue was up 104.5% compared to the same quarter last year. On average, equities analysts predict that Celsius will post 0.75 EPS for the current year.

Analyst Upgrades and Downgrades

CELH has been the subject of several recent research reports. William Blair started coverage on shares of Celsius in a research note on Monday, October 23rd. They issued an “outperform” rating for the company. Jefferies Financial Group began coverage on Celsius in a report on Monday, November 13th. They issued a “buy” rating for the company. Morgan Stanley reiterated an “equal weight” rating and set a $65.00 price objective on shares of Celsius in a research note on Tuesday, November 28th. Stifel Nicolaus cut their target price on Celsius to $64.00 and set a “buy” rating for the company in a research note on Monday, December 4th. Finally, Wedbush reiterated an “outperform” rating on shares of Celsius in a research report on Tuesday, November 7th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.18.

View Our Latest Stock Analysis on Celsius

Insider Transactions at Celsius

In related news, CEO John Fieldly sold 286,158 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $52.41, for a total transaction of $14,997,540.78. Following the completion of the sale, the chief executive officer now owns 522,102 shares in the company, valued at $27,363,365.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO John Fieldly sold 286,158 shares of the stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $52.41, for a total transaction of $14,997,540.78. Following the completion of the transaction, the chief executive officer now directly owns 522,102 shares of the company’s stock, valued at approximately $27,363,365.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Tony Guilfoyle sold 17,332 shares of Celsius stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $53.00, for a total transaction of $918,596.00. Following the completion of the sale, the executive vice president now directly owns 110,148 shares in the company, valued at approximately $5,837,844. The disclosure for this sale can be found here. Insiders have sold 313,680 shares of company stock worth $16,457,633 in the last ninety days. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Celsius

Several hedge funds and other institutional investors have recently bought and sold shares of CELH. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Celsius by 41.4% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 16,299 shares of the company’s stock valued at $2,797,000 after purchasing an additional 4,771 shares during the last quarter. USA Financial Formulas bought a new position in shares of Celsius during the third quarter valued at about $90,000. Comerica Bank purchased a new position in shares of Celsius in the third quarter worth about $2,736,000. Braun Stacey Associates Inc. lifted its stake in shares of Celsius by 192.5% in the 3rd quarter. Braun Stacey Associates Inc. now owns 634,863 shares of the company’s stock valued at $108,942,000 after acquiring an additional 417,825 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in Celsius by 2.3% during the 3rd quarter. Morgan Stanley now owns 682,565 shares of the company’s stock valued at $117,128,000 after acquiring an additional 15,304 shares during the period. Hedge funds and other institutional investors own 60.32% of the company’s stock.

About Celsius (Get Free Report)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack’d, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

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Original: MarketBeat News Feed: Celsius Holdings, Inc. (NASDAQ:CELH) Sees Significant Growth in Short Interest