Is J.C. Penney Company Inc Holding Company (NYSE:JCP) a Buy? The Stock Reported Less Sellers

J. C. Penney Company, Inc. (NYSE:JCP) Logo

Investors sentiment is 0.94 in Q2 2019. Its the same as in 2019Q1. It is the same, as 18 investors sold J. C. Penney Company, Inc. shares while 52 reduced holdings. only 22 funds opened positions while 44 raised stakes. 186.54 million shares or 8.68% less from 204.28 million shares in 2019Q1 were reported.
Northern Trust Corporation owns 0% invested in J. C. Penney Company, Inc. (NYSE:JCP) for 3.85 million shares. Bartlett Commerce Limited holds 400 shares. Vanguard Gp has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP) for 27.95 million shares. Bancorporation Of America De holds 753,314 shares. Regentatlantic Cap Lc reported 0% of its portfolio in J. C. Penney Company, Inc. (NYSE:JCP). Rhumbline Advisers invested in 0% or 965,299 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP). Ing Groep Nv has 772,746 shares. Morgan Stanley has 1.90M shares. Public Employees Retirement Association Of Colorado owns 52,224 shares. Jnba Advisors has 0% invested in J. C. Penney Company, Inc. (NYSE:JCP). 40,062 were reported by Pinebridge Investments L P. Fmr Ltd Co invested in 0% or 1,000 shares. Hightower Advsrs Lc accumulated 19,218 shares. Two Sigma Securities Limited Liability Company, New York-based fund reported 66,286 shares.

The stock of J.C. Penney Company Inc Holding Company (NYSE:JCP) registered a decrease of 6.85% in short interest. JCP’s total short interest was 120.92 million shares in September as published by FINRA. Its down 6.85% from 129.81M shares, reported previously. With 7.96M shares average volume, it will take short sellers 15 days to cover their JCP’s short positions. The short interest to J.C. Penney Company Inc Holding Company’s float is 40.58%.

The stock decreased 12.60% or $0.1399 during the last trading session, reaching $0.9701. About 18.11M shares traded or 74.49% up from the average. J. C. Penney Company, Inc. (NYSE:JCP) has declined 67.66% since September 13, 2018 and is downtrending. It has underperformed by 67.66% the S&P500.

J. C. Penney Company, Inc., through its subsidiary J. The company has market cap of $308.33 million. C. It currently has negative earnings. Penney Corporation, Inc., sells merchandise through department stores.

More notable recent J. C. Penney Company, Inc. (NYSE:JCP) news were published by: Globenewswire.com which released: “JCPenney Announces Stacey Shively as SVP, GMM Home – GlobeNewswire” on August 15, 2019, also Finance.Yahoo.com with their article: “Should Investors Worry About J.C. Penney’s Debt? – Yahoo Finance” published on July 22, 2019, Finance.Yahoo.com published: “1 Key Sign That a J.C. Penney Comeback Is Still Possible – Yahoo Finance” on September 03, 2019. More interesting news about J. C. Penney Company, Inc. (NYSE:JCP) were released by: Fool.com and their article: “This REIT Stock Is a Screaming Buy Right Now – The Motley Fool” published on August 20, 2019 as well as Globenewswire.com‘s news article titled: “JCPenney Reports Second Quarter 2019 Financial Results NYSE:JCP – GlobeNewswire” with publication date: August 15, 2019.

J. C. Penney Company, Inc. (NYSE:JCP) Institutional Positions Chart

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