Chicos FAS (CHS) Sees Positive Action Following Dividend Declaration
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Chicos FAS (NYSE: CHS) is lower on the session amid declaring a quarterly dividend last Friday. Some see the dip as a time to buy.
Money flow on the name is positive $4.3 million, with an uptick-to-downtick ratio of 2.4 times. The 14-day money flow index is at 47.7, just moving out of oversold territory.
From the start to middle of June, short positions rose nearly 10 percent to 7.02 million shares, or 4.5 percent of float.
Shares of Chicos are down 1.3 percent.
Money flow on the name is positive $4.3 million, with an uptick-to-downtick ratio of 2.4 times. The 14-day money flow index is at 47.7, just moving out of oversold territory.
From the start to middle of June, short positions rose nearly 10 percent to 7.02 million shares, or 4.5 percent of float.
Shares of Chicos are down 1.3 percent.
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