Bassett Furniture Industries

BSET

Bassett Furniture Industries is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902, by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. Bassett operates approximately 60 retail locations in the United States and Puerto Rico, and licenses its retail brand to about 40 additional locations.

Bassett Furniture Industries has been a target of short sellers for a while. The current short interest of 0.62% is roughly at the average of the last 12 months (2.33%).