After Reaching Milestone, Is Communications Systems Inc (NASDAQ:JCS)’s Short Interest Revealing Something?

Communications Systems, Inc. (NASDAQ:JCS) Logo

Investors sentiment increased to 1 in Q2 2019. Its up 0.50, from 0.5 in 2019Q1. It improved, as 2 investors sold Communications Systems, Inc. shares while 7 reduced holdings. 3 funds opened positions while 6 raised stakes. 2.39 million shares or 1.67% less from 2.43 million shares in 2019Q1 were reported.
Renaissance Technology Lc invested in 513,711 shares. Barclays Public Limited Company has 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 6,000 shares. Bank Of Mellon invested in 0% or 11,057 shares. Ameriprise Fincl has 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 12,167 shares. Gamco Et Al invested in 529,525 shares. Royal National Bank & Trust Of Canada, Ontario – Canada-based fund reported 1,820 shares. Bridgeway Capital Management Inc, Texas-based fund reported 73,300 shares. Northern Corporation reported 0% stake. Dimensional Fund Advsr L P reported 0% stake. California Employees Retirement Sys has 0% invested in Communications Systems, Inc. (NASDAQ:JCS). Pennsylvania-based Susquehanna Intl Gp Llp has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Morgan Stanley accumulated 15,838 shares. Panagora Asset Mgmt reported 7,089 shares. Geode Cap Management Lc invested in 0% or 26,144 shares. Savings Bank Of America Corporation De stated it has 570 shares.

Since May 28, 2019, it had 3 insider purchases, and 0 selling transactions for $5.57 million activity. Webster Steven also bought $5.57M worth of Communications Systems, Inc. (NASDAQ:JCS) shares. Lacey Roger HD bought $991 worth of stock.

The stock of Communications Systems Inc (NASDAQ:JCS) registered an increase of 181.82% in short interest. JCS’s total short interest was 6,200 shares in September as published by FINRA. Its up 181.82% from 2,200 shares, reported previously. With 8,000 shares average volume, it will take short sellers 1 days to cover their JCS’s short positions. The short interest to Communications Systems Inc’s float is 0.09%.

The stock increased 0.59% or $0.03 during the last trading session, reaching $5.11. About 31,237 shares traded or 39.65% up from the average. Communications Systems, Inc. (NASDAQ:JCS) has risen 0.82% since September 13, 2018 and is uptrending. It has outperformed by 0.82% the S&P500.

Communications Systems, Inc., together with its subsidiaries, makes and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $48.95 million. The companyÂ’s Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name. It has a 64.68 P/E ratio. This segment serves telephone companies, electrical/low-voltage contractors, home builders, cable customers, and original equipment manufacturers directly, as well as through distributors.

More notable recent Communications Systems, Inc. (NASDAQ:JCS) news were published by: Finance.Yahoo.com which released: “It Might Not Be A Great Idea To Buy Communications Systems, Inc. (NASDAQ:JCS) For Its Next Dividend – Yahoo Finance” on September 09, 2019, also Benzinga.com with their article: “Stocks That Hit 52-Week Highs On Tuesday – Benzinga” published on September 10, 2019, Prnewswire.com published: “Communications Systems Inc. Initiates Restructure and Names New Leadership to Advance Growth – PRNewswire” on December 18, 2018. More interesting news about Communications Systems, Inc. (NASDAQ:JCS) were released by: Finance.Yahoo.com and their article: “VALOE INTERIM REPORT 1 JANUARY – 30 JUNE 2019 – Yahoo Finance” published on August 28, 2019 as well as Globenewswire.com‘s news article titled: “Valoe Signed a USD 12 Million IBC Cells Supply Agreement – GlobeNewswire” with publication date: August 15, 2019.

Communications Systems, Inc. (NASDAQ:JCS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.