Will Intevac Inc (NASDAQ:IVAC) Run Out of Steam Soon? Short Interest is Up

Intevac, Inc. (NASDAQ:IVAC) Logo

Investors sentiment decreased to 1.14 in Q2 2019. Its down 1.09, from 2.23 in 2019Q1. It worsened, as 9 investors sold Intevac, Inc. shares while 12 reduced holdings. 10 funds opened positions while 14 raised stakes. 14.54 million shares or 0.93% more from 14.40 million shares in 2019Q1 were reported.
Acadian Asset Mngmt Lc, Massachusetts-based fund reported 20,237 shares. Bank & Trust Of America De holds 20,043 shares or 0% of its portfolio. 98,426 are owned by Jacobs Levy Equity Management. Commercial Bank Of Mellon Corp owns 15,452 shares. Susquehanna Interest Grp Llp holds 0% or 172,053 shares in its portfolio. Geode Capital Mgmt Ltd Company, Massachusetts-based fund reported 146,265 shares. First Eagle Inv Management Limited Liability Corporation invested in 0.07% or 4.52M shares. Neuberger Berman Gru Limited Liability Com stated it has 28,400 shares. 106,455 are held by Millennium Mgmt Lc. Barclays Plc invested in 73,442 shares or 0% of the stock. Cambridge Rech Advsr reported 26,950 shares. Royal Commercial Bank Of Canada reported 0% stake. Schneider Mngmt stated it has 0.51% in Intevac, Inc. (NASDAQ:IVAC). River And Mercantile Asset Llp owns 0.24% invested in Intevac, Inc. (NASDAQ:IVAC) for 366,169 shares. Tower Research Capital Limited Liability (Trc) stated it has 0% of its portfolio in Intevac, Inc. (NASDAQ:IVAC).

Since May 2, 2019, it had 2 buys, and 0 insider sales for $103,300 activity. Shares for $52,400 were bought by Moniz James P.

The stock of Intevac Inc (NASDAQ:IVAC) registered an increase of 10.01% in short interest. IVAC’s total short interest was 195,700 shares in October as published by FINRA. Its up 10.01% from 177,900 shares, reported previously. With 48,600 shares average volume, it will take short sellers 4 days to cover their IVAC’s short positions.

The stock increased 1.31% or $0.07 during the last trading session, reaching $5.01. About 13,584 shares traded. Intevac, Inc. (NASDAQ:IVAC) has risen 14.22% since October 12, 2018 and is uptrending. It has outperformed by 14.22% the S&P500.

Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. The company has market cap of $115.34 million. It operates through two divisions, Thin-film Equipment and Photonics. It has a 21.8 P/E ratio. The Thin-film Equipment segment designs, makes, markets, and services disk sputtering systems, etch and deposition systems, and disk lubrication systems; and offers upgrades, and spares and consumables, as well as provides process and applications support, customer training, installation, start-up assistance, and post-installation service support services.

More notable recent Intevac, Inc. (NASDAQ:IVAC) news were published by: Finance.Yahoo.com which released: “Eileen Burbidge Global Change Agents: Fintech and Brexit – Yahoo Finance” on April 06, 2019, also Businesswire.com with their article: “Intevac Names Timothy Justyn Executive Vice President of Intevac Photonics – Business Wire” published on February 20, 2018, Seekingalpha.com published: “Stocks To Watch: Spotlight On Semis – Seeking Alpha” on July 06, 2019. More interesting news about Intevac, Inc. (NASDAQ:IVAC) were released by: Seekingalpha.com and their article: “ADTN, ADVM, EGBN and NFLX among midday movers – Seeking Alpha” published on July 18, 2019 as well as Businesswire.com‘s news article titled: “Intevac Receives $28.6 Million Award to Supply Camera Modules for IVAS Program – Business Wire” with publication date: December 20, 2018.

Intevac, Inc. (NASDAQ:IVAC) Institutional Positions Chart

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