<div id="readability-page-1">Shares of Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) were last seen up 2% at $110.11, after an upgrade from Loop Capital to &#34;buy&#34; from &#34;hold,&#34; with a price-target hike to $135 from $130. The firm cited underestimated sales potential and strategic advantages for the discount retailer. On the charts, OLLI has been falling since mid September, recently dropping below long-term support at its 200-day moving average. Fresh off five-straight negative weeks, the stock is currently hanging around breakeven for 2025. A round of short covering could help give the shares a lift, as short interest represents 7.5% of the stock's available float, or over four days' worth of pent-up buying power. Plus, OLLI's 14-day relative strength index (RSI) of 25 sits in &#34;oversold&#34; territory, which points to a short-term bounce. It's also worth noting that the equity is sporting reasonably priced options premium. Its Schaeffer's Volatility Index (SVI) of 32% ranks in the low 6th percentile of its annual range, meaning options traders are pricing in low volatility expectations.</div>

OLLI

Loop Capital upgraded Ollie's Bargain Outlet (OLLI) to "buy" from "hold," raising the price target to $135 due to underestimated sales potential and strategic advantages. Despite recent declines, the stock shows potential for a short-term bounce, with a 14-day RSI of 25 indicating oversold conditions. Short interest is 7.5%, suggesting possible short covering. Options premiums are reasonably priced, with low volatility expectations.

Analyst: Ollie's Bargain Outlet is a "Buy"