What Next for J2 Global Inc (NASDAQ:JCOM) Stock After Increase in Shorted Shares?

j2 Global, Inc. (NASDAQ:JCOM) Logo

Investors sentiment decreased to 1.14 in Q2 2019. Its down 0.21, from 1.35 in 2019Q1. It dropped, as 21 investors sold j2 Global, Inc. shares while 91 reduced holdings. 44 funds opened positions while 84 raised stakes. 46.58 million shares or 0.79% less from 46.95 million shares in 2019Q1 were reported.
The Texas-based Dimensional Fund Advsr Ltd Partnership has invested 0.03% in j2 Global, Inc. (NASDAQ:JCOM). The North Carolina-based First Citizens Comml Bank Co has invested 0.05% in j2 Global, Inc. (NASDAQ:JCOM). Magnetar Limited Liability Co stated it has 5,643 shares. Fifth Third Natl Bank, a Ohio-based fund reported 29 shares. 2.10M were reported by Fmr Limited Liability. Amer Intll Group invested in 0.04% or 119,739 shares. Aperio Grp Inc Limited Liability Co reported 0.02% of its portfolio in j2 Global, Inc. (NASDAQ:JCOM). Cwm Ltd Llc reported 86 shares. Balyasny Asset Mgmt Lc holds 0.02% of its portfolio in j2 Global, Inc. (NASDAQ:JCOM) for 33,834 shares. Gsa Cap Ptnrs Llp has invested 0.15% in j2 Global, Inc. (NASDAQ:JCOM). Arizona State Retirement holds 33,742 shares or 0.03% of its portfolio. Weiss Multi accumulated 0.09% or 40,000 shares. Menta Cap Ltd Liability Company reported 0.44% of its portfolio in j2 Global, Inc. (NASDAQ:JCOM). Dorsey And Whitney Tru Ltd holds 2,318 shares or 0.03% of its portfolio. The Ohio-based Huntington Comml Bank has invested 0% in j2 Global, Inc. (NASDAQ:JCOM).

The stock of J2 Global Inc (NASDAQ:JCOM) registered an increase of 0.92% in short interest. JCOM’s total short interest was 4.54 million shares in September as published by FINRA. Its up 0.92% from 4.50 million shares, reported previously. With 383,300 shares average volume, it will take short sellers 12 days to cover their JCOM’s short positions. The short interest to J2 Global Inc’s float is 9.77%.

The stock increased 0.14% or $0.13 during the last trading session, reaching $91.32. About 328,512 shares traded. j2 Global, Inc. (NASDAQ:JCOM) has risen 5.54% since September 13, 2018 and is uptrending. It has outperformed by 5.54% the S&P500.

j2 Global, Inc., together with its subsidiaries, engages in the provision of Internet services worldwide. The company has market cap of $4.54 billion. It operates through two divisions, Business Cloud Services and Digital Media. It has a 30.84 P/E ratio. The Business Cloud Services segment offers cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations.

More notable recent j2 Global, Inc. (NASDAQ:JCOM) news were published by: Businesswire.com which released: “eFax Corporate Launches Fax Router Feature for Digital Cloud Fax Technology – Business Wire” on September 03, 2019, also Nasdaq.com with their article: “Why Is j2 Global (JCOM) Up 6.8% Since Last Earnings Report? – Nasdaq” published on September 05, 2019, Nasdaq.com published: “j2 Global, Inc. (JCOM) Ex-Dividend Date Scheduled for May 17, 2019 – Nasdaq” on May 16, 2019. More interesting news about j2 Global, Inc. (NASDAQ:JCOM) were released by: Finance.Yahoo.com and their article: “Update: j2 Global (NASDAQ:JCOM) Stock Gained 78% In The Last Five Years – Yahoo Finance” published on May 17, 2019 as well as Businesswire.com‘s news article titled: “J2 Global Appoints Nate Simmons as President, Cloud Services – Business Wire” with publication date: September 03, 2019.

j2 Global, Inc. (NASDAQ:JCOM) 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.