Resources Connection, Inc. (RECN) Forms $16.50 Double Top; Flexsteel Industries (FLXS) SI Increased By 10.84%

Flexsteel Industries Incorporated (NASDAQ:FLXS) had an increase of 10.84% in short interest. FLXS’s SI was 58,300 shares in January as released by FINRA. Its up 10.84% from 52,600 shares previously. With 25,600 avg volume, 2 days are for Flexsteel Industries Incorporated (NASDAQ:FLXS)’s short sellers to cover FLXS’s short positions. The SI to Flexsteel Industries Incorporated’s float is 0.8%. The stock decreased 0.51% or $0.24 during the last trading session, reaching $46.74. About 27,543 shares traded or 20.07% up from the average. Flexsteel Industries, Inc. (NASDAQ:FLXS) has risen 25.38% since January 30, 2017 and is uptrending. It has outperformed by 8.68% the S&P500.

Resources Connection, Inc. (RECN) formed double top with $17.00 target or 3.00% above today’s $16.50 share price. Resources Connection, Inc. (RECN) has $517.68 million valuation. The stock decreased 0.60% or $0.1 during the last trading session, reaching $16.5. About 118,613 shares traded or 9.26% up from the average. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since January 30, 2017 and is downtrending. It has underperformed by 27.87% the S&P500.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.03, from 1.29 in 2017Q2. It turned negative, as 9 investors sold Flexsteel Industries, Inc. shares while 22 reduced holdings. 13 funds opened positions while 26 raised stakes. 5.14 million shares or 0.06% more from 5.13 million shares in 2017Q2 were reported. First Interstate Savings Bank reported 500 shares stake. Meeder Asset stated it has 0% of its portfolio in Flexsteel Industries, Inc. (NASDAQ:FLXS). Moreover, Blackrock has 0% invested in Flexsteel Industries, Inc. (NASDAQ:FLXS). At Savings Bank accumulated 388,365 shares or 2.24% of the stock. stated it has 0% of its portfolio in Flexsteel Industries, Inc. (NASDAQ:FLXS). Deutsche Bancorp Ag reported 14,321 shares stake. Panagora Asset Mgmt reported 13,232 shares stake. Citigroup Inc invested in 10,400 shares. Stanley holds 0.14% or 10,708 shares in its portfolio. Legal & General Grp Public Limited invested in 1,971 shares or 0% of the stock. Cornerstone Management Liability Com stated it has 20,667 shares or 0.01% of all its holdings. North Star Invest Mgmt holds 69,971 shares or 0.45% of its portfolio. Bridgeway Cap Mgmt holds 0.02% of its portfolio in Flexsteel Industries, Inc. (NASDAQ:FLXS) for 27,500 shares. Metropolitan Life Insur Co Ny reported 4,493 shares or 0% of all its holdings. Ameritas Inv holds 0% or 560 shares in its portfolio.

Flexsteel Industries, Inc., together with its subsidiaries, makes, imports, and markets residential and contract upholstered and wood furniture products in the United States. The company has market cap of $366.69 million. It offers sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture for use in home, office, hotel, healthcare, and other commercial applications. It has a 14.21 P/E ratio. The firm distributes its products through its sales force and independent representatives.