Time to Reconsider Fiesta Restaurant Group Inc (NASDAQ:FRGI) After Less Short Sellers?

Investors sentiment increased to 2.28 in Q2 2018. Its up 0.90, from 1.38 in 2018Q1. It improved, as 8 investors sold Fiesta Restaurant Group, Inc. shares while 24 reduced holdings. 29 funds opened positions while 44 raised stakes. 27.29 million shares or 0.56% less from 27.44 million shares in 2018Q1 were reported.
Comerica Savings Bank, a Michigan-based fund reported 28,695 shares. 1492 Capital Mngmt Ltd Co holds 0.66% or 32,029 shares in its portfolio. Geode Cap Management Limited Liability reported 248,157 shares. Moreover, Metropolitan Life Insur Ny has 0% invested in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) for 9,294 shares. Goldman Sachs Group holds 120,164 shares. Wells Fargo And Company Mn holds 47,833 shares or 0% of its portfolio. Deutsche Bancshares Ag owns 39,688 shares. First Mercantile Trust Com invested in 0.09% or 14,850 shares. Pub Employees Retirement Sys Of Ohio invested in 100,010 shares. Fuller Thaler Asset Management reported 0.02% in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). Ls Investment Advsr Ltd Liability Company reported 773 shares stake. Portolan Mngmt Ltd Co holds 160,186 shares or 0.47% of its portfolio. Parametric Associates Limited Com invested 0% of its portfolio in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). Ruffer Ltd Liability Partnership, United Kingdom-based fund reported 26,964 shares. Fincl Bank Of Mellon Corp accumulated 0% or 320,717 shares.

Since November 8, 2018, it had 2 insider buys, and 0 sales for $9.80 million activity.

The stock of Fiesta Restaurant Group Inc (NASDAQ:FRGI) registered a decrease of 8.91% in short interest. FRGI’s total short interest was 2.01 million shares in December as published by FINRA. Its down 8.91% from 2.20 million shares, reported previously. With 143,300 shares average volume, it will take short sellers 14 days to cover their FRGI’s short positions. The short interest to Fiesta Restaurant Group Inc’s float is 7.64%.

The stock decreased 3.86% or $0.74 during the last trading session, reaching $18.42. About 201,789 shares traded. Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) has risen 63.71% since December 8, 2017 and is uptrending. It has outperformed by 48.09% the S&P500.

Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. The company has market cap of $494.86 million. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. It has a 103.48 P/E ratio. The companyÂ’s Pollo Tropical restaurants offer various Caribbean inspired food, and Taco Cabana restaurants offer a selection of Mexican food.

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Ratings Coverage

Among 2 analysts covering Fiesta Restaurant Group (NASDAQ:FRGI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Fiesta Restaurant Group had 2 analyst reports since October 5, 2018 according to SRatingsIntel. On Tuesday, November 6 the stock rating was maintained by Wedbush with “Outperform”. PiperJaffray upgraded the stock to “Neutral” rating in Friday, October 5 report.

More notable recent Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) news were published by: Fool.com which released: “The 5 Best Restaurant Stocks of 2018 (So Far) – Motley Fool” on July 05, 2018, also Businesswire.com with their article: “Fiesta Restaurant Group, Inc. Reports Fourth Quarter and Full Year 2017 Results – Business Wire” published on February 26, 2018, Nasdaq.com published: “Is Fiesta Restaurant Group a Great Stock for Value Investors? – Nasdaq” on June 09, 2017. More interesting news about Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) were released by: Businesswire.com and their article: “Fiesta Restaurant Group, Inc. Reports Preliminary Unaudited First Quarter 2018 Comparable Restaurant Sales Results – Business Wire” published on April 17, 2018 as well as Benzinga.com‘s news article titled: “Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) – Fiesta Restaurant Group’s Q3 Earnings Outlook – Benzinga” with publication date: November 05, 2018.

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Institutional Positions Chart

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