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StockNews.com began coverage on shares of Cato (NYSE:CATO – Get Rating) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the specialty retailer’s stock. Cato Stock Up 1.1 % CATO stock opened at $8.36 on Thursday. The firm’s 50-day simple moving average is $8.51 and its 200 day […] ....
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The Cato Co. (NYSE:CATO – Get Rating) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,290,000 shares, a growth of 7.5% from the March 31st total of 1,200,000 shares. Currently, 7.6% of the company’s shares are short sold. Based […] ....