From MarketBeat:

The Buckle, Inc. saw a 16.0% growth in short interest in December, with 2,750,000 shares sold short and a short-interest ratio of 7.0 days. Approximately 8.9% of the stock shares are sold short.

SVP Kelli D. Molczyk acquired 715 shares of the company’s stock at an average price of $37.13 per share, with 40.10% of the stock currently owned by company insiders.

Hedge funds and institutional investors are weighing in on Buckle with holdings modifications and new positions, with 53.93% of the stock owned by hedge funds and other institutional investors.

Shares of Buckle traded down 1.0% on Monday, reaching $47.52 with a 12 month low of $30.18 and a 12 month high of $50.35.

Buckle beat the consensus estimate with quarterly earnings of $1.04 EPS and a revenue of $303.50 million, although revenue was down 8.7% compared to the same quarter last year.

A None dividend was also announced by Buckle, to be paid on Friday, January 26th, with a dividend yield of 3.4%.

StockNews.com raised Buckle from a “hold” rating to a “buy” rating in a report on Thursday, December 21.

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States.

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Read more: The Buckle, Inc. (NYSE:BKE) Short Interest Up 16.0% in December