Winmark Corporation (NASDAQ:WINA) Short Interest Up 55.4% in January

Winmark Corporation (NASDAQ:WINA) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 317,625 shares, an increase of 55.4% from the January 15th total of 204,447 shares. Based on an average daily trading volume, of 134,942 shares, the days-to-cover ratio is presently 2.4 days. Currently, 9.9% of the company’s stock are sold short. Currently, 9.9% of the company’s stock are sold short. Based on an average daily trading volume, of 134,942 shares, the days-to-cover ratio is presently 2.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Winmark in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Winmark presently has an average rating of “Buy”.

Institutional Trading of Winmark

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in Winmark by 7.7% in the 1st quarter. Royal Bank of Canada now owns 9,885 shares of the specialty retailer’s stock worth $3,143,000 after acquiring an additional 708 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Winmark by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock worth $552,000 after acquiring an additional 77 shares during the period. Dynamic Technology Lab Private Ltd grew its position in Winmark by 36.8% during the first quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer’s stock worth $243,000 after buying an additional 206 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Winmark by 28.0% in the first quarter. Goldman Sachs Group Inc. now owns 21,279 shares of the specialty retailer’s stock valued at $6,764,000 after purchasing an additional 4,653 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Winmark by 6.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,252 shares of the specialty retailer’s stock worth $1,987,000 after acquiring an additional 386 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Stock Performance

NASDAQ:WINA opened at $455.77 on Friday. The business has a fifty day moving average of $432.54 and a 200-day moving average of $438.62. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 40.62 and a beta of 0.68. Winmark has a 1 year low of $295.79 and a 1 year high of $527.37.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, February 11th. Winmark’s dividend payout ratio (DPR) is presently 34.22%.

Winmark Company Profile

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.