Mihael

Institutional Investors Betting Big on Conn’s - With Good Reason

"NASDAQ filings confirmed that twenty-two (22) new institutional investors recently bought shares of Conn's, INC. (CONN), bringing the total to 126 institutional holders of more than 14 million shares, or 58%, of the company."

Well, actually NASDAQ reports, that number of shares in the hands of institutionals fell -1,824,342 shares, or -7.6%.

"Factor in the 5.7 million shares currently held short and a 34-day cover ratio"
Nothing unusual for CONN, if you look at it's short ratio history.

Besides, CONN is in REGSho list more than 120 days, so one cannot blame on speculative short plays for stock price fall. So no fuel for squeeze rally.

Maybe it's a play, but after it forms a solid base.