What’s Communications Systems Inc (NASDAQ:JCS) Upside After This Short Interest Increase?

Communications Systems, Inc. (NASDAQ:JCS) Logo

Investors sentiment increased to 1 in 2019 Q2. Its up 0.50, from 0.5 in 2019Q1. It increased, 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.
Royal Comml Bank Of Canada reported 1,820 shares. Barclays Public Ltd Company holds 6,000 shares. Gabelli Funds Ltd Llc accumulated 310,000 shares. Ancora Advsr Limited invested 0.01% in Communications Systems, Inc. (NASDAQ:JCS). Tower Research Limited Liability (Trc) invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Moreover, Renaissance Tech Ltd Com has 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 513,711 shares. Northern Trust Corporation accumulated 0% or 22,120 shares. Natl Bank Of America De reported 570 shares. The Texas-based Bridgeway has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Gamco Invsts Inc Et Al invested in 0.01% or 529,525 shares. The Massachusetts-based Panagora Asset Management has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Morgan Stanley reported 0% stake. California Employees Retirement holds 26,400 shares. Dimensional Fund Limited Partnership holds 0% or 446,710 shares in its portfolio. Geode Cap Mngmt Ltd Liability invested 0% in Communications Systems, Inc. (NASDAQ:JCS).

Since May 28, 2019, it had 3 insider purchases, and 0 selling transactions for $5.57 million activity. Lacey Roger HD also bought $991 worth of Communications Systems, Inc. (NASDAQ:JCS) shares. Fandrich Mark bought $1,064 worth of stock or 250 shares.

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 October 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 2.39% or $0.1 during the last trading session, reaching $4.28. About 17,468 shares traded. Communications Systems, Inc. (NASDAQ:JCS) has risen 0.82% since October 12, 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 $39.91 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 54.18 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: “Who Has Been Selling Weight Watchers International, Inc. (NASDAQ:WW) Shares? – Yahoo Finance” on May 13, 2019, also Finance.Yahoo.com with their article: “How Much Are Xilinx, Inc. (NASDAQ:XLNX) Insiders Taking Off The Table? – Yahoo Finance” published on May 13, 2019, Businesswire.com published: “Communications Systems, Inc., Announces Retirement of Scott Otis, Group President of Transition Networks & Net2Edge – Business Wire” on September 19, 2019. More interesting news about Communications Systems, Inc. (NASDAQ:JCS) were released by: Finance.Yahoo.com and their article: “Is It Too Late To Consider Buying ServisFirst Bancshares, Inc. (NASDAQ:SFBS)? – Yahoo Finance” published on June 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “Pluristem Therapeutics Inc. (NASDAQ:PSTI): Are Analysts Optimistic? – Yahoo Finance” with publication date: June 14, 2019.

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

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