The stock of EL Pollo Loco Holdings Inc (NASDAQ:LOCO) registered an increase of 33.25% in short interest. LOCO’s total short interest was 3.67M shares in December as published by FINRA. Its up 33.25% from 2.76M shares, reported previously. With 398,100 shares average volume, it will take short sellers 9 days to cover their LOCO’s short positions. The short interest to EL Pollo Loco Holdings Inc’s float is 16.59%.
The stock decreased 1.11% or $0.18 during the last trading session, reaching $15.98. About 301,287 shares traded. El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) has declined 15.54% since December 4, 2018 and is downtrending. It has underperformed by 15.54% the S&P500.
El Pollo Loco Holdings, Inc., through its wholly-owned subsidiary, El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name in the United States. The company has market cap of $557.43 million. As of February 19, 2018, it had approximately 470 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah. It currently has negative earnings. The firm was formerly known as Chicken Acquisition Corp. and changed its name to El Pollo Loco Holdings, Inc. in April 2014.
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Ratings Coverage
Among 2 analysts covering El Pollo Loco Holdings (NASDAQ:LOCO), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. El Pollo Loco Holdings has $15 highest and $14 lowest target. $14.50’s average target is -9.26% below currents $15.98 stock price. El Pollo Loco Holdings had 3 analyst reports since October 20, 2019 according to SRatingsIntel. Guggenheim maintained it with “Buy” rating and $15 target in Friday, November 1 report. The stock of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) has “Hold” rating given on Friday, November 1 by SunTrust.
More notable recent El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) news were published by: Globenewswire.com which released: “El Pollo Loco Brings the Taste of Tradition with New, Hand-Rolled Enchiladas – GlobeNewswire” on March 04, 2019, also Globenewswire.com with their article: “El Pollo Loco Holdings, Inc. to Announce Third Quarter 2019 Results on October 31, 2019 – GlobeNewswire” published on October 17, 2019, Globenewswire.com published: “El Pollo Loco Holdings, Inc. Announces Second Quarter 2019 Financial Results – GlobeNewswire” on August 01, 2019. More interesting news about El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) were released by: Globenewswire.com and their article: “El Pollo Loco to Donate a Taco for Every Taco Sold on National Taco Day – GlobeNewswire” published on October 03, 2019 as well as Globenewswire.com‘s news article titled: “El Pollo Loco Honors Cesar Chavez Day with Company-Wide Community Service Initiative – GlobeNewswire” with publication date: April 02, 2019.
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