Short Interest in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Decreases By 37.5%

13 Mar 2026, 17:12 by Renee Jackson · The Cerbat Gem

Bassett Furniture Industries, Incorporated (NASDAQ:BSET – Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 188,894 shares, a decrease of 37.5% from the February 12th total of 302,326 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily volume of 22,507 shares, the short-interest ratio is currently 8.4 days. Based on an average daily volume of 22,507 shares, the short-interest ratio is currently 8.4 days. Approximately 2.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Bassett Furniture Industries

Several large investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its position in Bassett Furniture Industries by 114.3% during the second quarter. Geode Capital Management LLC now owns 190,182 shares of the company’s stock worth $2,892,000 after acquiring an additional 101,448 shares during the period. Kestra Private Wealth Services LLC bought a new stake in Bassett Furniture Industries in the 3rd quarter valued at $597,000. Squarepoint Ops LLC acquired a new stake in Bassett Furniture Industries in the 3rd quarter worth $414,000. Aegis Financial Corp increased its holdings in shares of Bassett Furniture Industries by 5.3% during the 4th quarter. Aegis Financial Corp now owns 501,119 shares of the company’s stock worth $8,399,000 after purchasing an additional 25,000 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in shares of Bassett Furniture Industries during the 2nd quarter worth about $274,000. Institutional investors and hedge funds own 54.40% of the company’s stock.

Bassett Furniture Industries Price Performance

Shares of NASDAQ BSET traded up $0.03 during trading hours on Friday, hitting $14.00. 29,870 shares of the stock were exchanged, compared to its average volume of 22,367. Bassett Furniture Industries has a one year low of $13.70 and a one year high of $19.75. The company’s 50 day moving average is $15.65 and its 200 day moving average is $15.81. The firm has a market capitalization of $121.10 million, a P/E ratio of 20.00, a P/E/G ratio of 0.88 and a beta of 0.98.

Bassett Furniture Industries (NASDAQ:BSET – Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.07). The firm had revenue of $88.67 million during the quarter, compared to the consensus estimate of $86.90 million. Bassett Furniture Industries had a return on equity of 3.91% and a net margin of 1.82%. Research analysts anticipate that Bassett Furniture Industries will post 0.75 earnings per share for the current fiscal year.

Bassett Furniture Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, May 15th. Bassett Furniture Industries’s dividend payout ratio (DPR) is currently 114.29%.

Wall Street Analyst Weigh In

Several research firms have weighed in on BSET. Weiss Ratings restated a “hold (c)” rating on shares of Bassett Furniture Industries in a report on Wednesday, January 21st. Zacks Research downgraded Bassett Furniture Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Finally, Wall Street Zen downgraded Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Read Our Latest Analysis on BSET

About Bassett Furniture Industries

(Get Free Report)

Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.