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V.F. Co. (NYSE:VFC – Get Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 29,000,000 shares, an increase of 10.3% from the January 15th total of 26,290,000 shares. Currently, 7.9% of the shares of the company are sold short. Based on […]
J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of V.F. Co. (NYSE:VFC – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 41,807 shares of the textile maker’s stock, valued at approximately $739,000. Several other […]
Caroline Brown joins the VF Corp. board with one more seat, likely to be influenced by activist Engaged Capital, to also be filled soon.
VF Corp, the owner of the North Face, Vans and Timberland brands, said on Tuesday it will appoint one new board member and select a second with input from activist investor Engaged Capital. Engaged, which has a 1.3% stake in VF, has been pushing for board representation and further restructuring since disclosing its position in the company late last year. Caroline Brown, who worked at investment firm Closed Loop Partners and was previously chief executive officer at Donna Karan International, will join the board immediately.
VF Corp. (VFC) aligned with Engaged Capital that is starting to reshape its board.