DEXWireNews

RCI Hospitality Holdings, Inc Bullish Channel Trade

Long
NASDAQ:RICK   RCI Hospitality Holdings, Inc.
Short interest - 15%
. operates as a holding company, which engages in hospitality activities and related businesses. Through its subsidiaries, it offers live adult entertainment and bar operations. It operates through the following segments; Nightclubs, Bombshell and other. The Nightclubs segment operates adult entertainment clubs. Its major brands include Rick's Cabaret, Jaguar's Club, Tootsie's Cabaret, XTC Cabaret and Club Onyx. The Bombshell segment operates restaurants in Texas, Dallas, Austin and Houston. The Other segment includes media which is a business communications company. The company was founded by Robert L. Watters in 1983 and is headquartered in Houston, TX.

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