Short Interest in Weyco Group, Inc. (NASDAQ:WEYS) Rises By 34.1%

31 Mar 2026, 13:23 by Mitch Edgeman · The Markets Daily

Weyco Group, Inc. (NASDAQ:WEYS – Get Free Report) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 93,415 shares, a growth of 34.1% from the February 26th total of 69,648 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily volume of 28,006 shares, the days-to-cover ratio is presently 3.3 days.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen cut Weyco Group from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Weiss Ratings upgraded shares of Weyco Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Read Our Latest Analysis on Weyco Group

Institutional Trading of Weyco Group

A number of hedge funds and other institutional investors have recently made changes to their positions in WEYS. Empowered Funds LLC lifted its holdings in Weyco Group by 8.2% in the first quarter. Empowered Funds LLC now owns 43,175 shares of the textile maker’s stock valued at $1,316,000 after acquiring an additional 3,285 shares during the last quarter. Geode Capital Management LLC increased its stake in Weyco Group by 1.4% during the second quarter. Geode Capital Management LLC now owns 160,193 shares of the textile maker’s stock worth $5,313,000 after acquiring an additional 2,224 shares during the last quarter. Rhumbline Advisers increased its stake in Weyco Group by 21.1% during the second quarter. Rhumbline Advisers now owns 10,989 shares of the textile maker’s stock worth $364,000 after acquiring an additional 1,917 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Weyco Group in the second quarter valued at $204,000. Finally, Bridgeway Capital Management LLC lifted its stake in shares of Weyco Group by 4.6% in the 2nd quarter. Bridgeway Capital Management LLC now owns 95,961 shares of the textile maker’s stock valued at $3,182,000 after purchasing an additional 4,186 shares during the last quarter. Institutional investors and hedge funds own 23.59% of the company’s stock.

Weyco Group Stock Up 0.9%

Shares of NASDAQ:WEYS opened at $32.01 on Tuesday. Weyco Group has a 52-week low of $25.51 and a 52-week high of $34.92. The stock has a market cap of $305.06 million, a P/E ratio of 13.28 and a beta of 0.99. The business has a fifty day moving average of $31.98 and a two-hundred day moving average of $31.04.

Weyco Group (NASDAQ:WEYS – Get Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The textile maker reported $0.91 earnings per share for the quarter. Weyco Group had a net margin of 8.36% and a return on equity of 9.35%. The firm had revenue of $76.80 million for the quarter.

Weyco Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, March 13th. Weyco Group’s payout ratio is presently 44.81%.

Weyco Group Company Profile

(Get Free Report)

Weyco Group, Inc is a publicly traded footwear company (NASDAQ: WEYS) based in Glendale, Wisconsin, that designs, sources, markets and distributes branded footwear products. The company operates through a portfolio of five consumer brands—Florsheim, Stacy Adams, Nunn Bush, BOGS and Rafters—offering a full range of dress, casual and performance footwear for men and women.