First Trust Strategic Income ETF (FDIV) At $49.07 Forms Bottom; Davidstea (DTEA) Sellers Decreased By 5.13% Their Shorts

DAVIDsTEA Inc. (NASDAQ:DTEA) Logo

First Trust Strategic Income ETF (FDIV) formed multiple bottom with $44.65 target or 9.00% below today’s $49.07 share price. First Trust Strategic Income ETF (FDIV) has $85.73M valuation. The ETF decreased 0.40% or $0.195 during the last trading session, reaching $49.065. About 5,830 shares traded. First Trust Strategic Income ETF (NASDAQ:FDIV) has declined 4.18% since June 26, 2017 and is downtrending. It has underperformed by 16.75% the S&P500.

Davidstea Inc (NASDAQ:DTEA) had a decrease of 5.13% in short interest. DTEA’s SI was 48,100 shares in June as released by FINRA. Its down 5.13% from 50,700 shares previously. With 10,300 avg volume, 5 days are for Davidstea Inc (NASDAQ:DTEA)’s short sellers to cover DTEA’s short positions. The SI to Davidstea Inc’s float is 0.66%. The stock decreased 1.39% or $0.05 during the last trading session, reaching $3.55. About 22,245 shares traded or 26.81% up from the average. DAVIDsTEA Inc. (NASDAQ:DTEA) has declined 41.50% since June 26, 2017 and is downtrending. It has underperformed by 54.07% the S&P500. Some Historical DTEA News: 27/03/2018 – DAVIDSTEA INC – BOARD WILL EVALUATE MERITS OF ANY STRATEGIC PROPOSAL RECEIVED; 11/05/2018 – Rainy Day Investments Files Proxy Circular for DAVIDsTEA Annual Meeting; 19/04/2018 – DAVIDSTEA INC – ANTICIPATE FIRST HALF OF FISCAL 2018 TO REMAIN “SOMEWHAT CHALLENGING” FOLLOWED BY A STRONGER SECOND HALF; 22/03/2018 – DAVlDsTEA Provides Strategic Alternatives Update; 31/05/2018 – Rainy Day Investments Urges Shareholders to Vote for Change Now to Put DAVIDsTEA Back on Track; 19/04/2018 – DAVIDsTEA 1Q Loss C$16.1M; 08/03/2018 – DAVIDSTEA: CO-FOUNDER HERSCHEL SEGAL RESIGNED; 27/03/2018 – DAVIDSTEA INC – LOOKS FORWARD TO NOMINATING A SLATE OF DIRECTORS; 08/03/2018 – DAVIDSTEA – IN RESPONSE TO RDI, BOARD FORMED SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO CONSIDER ANY PROPOSAL TO NEGOTIATE ON BEHALF OF CO; 08/03/2018 – DAVIDsTEA: Herschel Segal, Co-Founder of DAVIDsTEA Inc., Has Resigned as a Member of the Company’s Bd of Directors

More notable recent DAVIDsTEA Inc. (NASDAQ:DTEA) news were published by: Globenewswire.com which released: “DAVIDsTEA Inc. Announces First Quarter Fiscal 2018 Financial Results” on June 11, 2018, also Seekingalpha.com with their article: “DAVIDs TEA (DTEA) CEO Joel Silver on Q1 2018 Results – Earnings Call Transcript” published on June 12, 2018, Nasdaq.com published: “DAVIDsTEA Announces Election of New Board of Directors at Annual Meeting” on June 14, 2018. More interesting news about DAVIDsTEA Inc. (NASDAQ:DTEA) were released by: Nasdaq.com and their article: “DAVIDsTEA Urges Shareholders to Vote the YELLOW Proxy Before Today’s 5 PM Cut Off” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Davidstea Reminds Shareholders to Vote for the Management Director Nominees on the Yellow Proxy Before June 12 …” with publication date: June 08, 2018.

Among 3 analysts covering DAVIDsTEA Inc (NASDAQ:DTEA), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. DAVIDsTEA Inc had 9 analyst reports since September 10, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Tuesday, June 12 with “Market Perform”. On Tuesday, December 13 the stock rating was downgraded by Bank of America to “Underperform”. BMO Capital Markets maintained it with “Hold” rating and $5.5000 target in Wednesday, June 7 report. The rating was downgraded by BMO Capital Markets on Friday, December 9 to “Market Perform”. The firm has “Hold” rating by BMO Capital Markets given on Thursday, September 7. The firm earned “Market Perform” rating on Friday, December 9 by William Blair.

DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company has market cap of $92.07 million. The firm offers approximately 150 loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts, accessories, and food and beverages in the white, green, oolong, black, puÂ’erh, mate, rooibos, and herbal tea categories. It currently has negative earnings. As of May 24, 2016, the firm owned and operated 198 DAVIDsTEA stores throughout the United States and Canada, as well as through its Website, davidstea.com.