Newest Short Interest Filing: Is Synacor Incorporated (NASDAQ:SYNC)’s Fuel Running High? Reports Show Less Sellers

November 17, 2016 - By Marie Mckinney   ·   0 Comments

Newest Short Interest Filing: Is Synacor Incorporated (NASDAQ:SYNC)’s Fuel Running High? Reports Show Less Sellers

The stock of Synacor Incorporated (NASDAQ:SYNC) registered a decrease of 9.69% in short interest. SYNC’s total short interest was 908,200 shares in November as published by FINRA. Its down 9.69% from 1.01M shares, reported previously. With 58,400 shares average volume, it will take short sellers 16 days to cover their SYNC’s short positions. The short interest to Synacor Incorporated’s float is 4.28%. The stock increased 1.79% or $0.05 on November 16, hitting $2.85. Synacor Inc (NASDAQ:SYNC) has risen 97.92% since April 15, 2016 and is uptrending. It has outperformed by 93.29% the S&P500.

Synacor, Inc. is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The company has a market cap of $87.90 million. The Firm enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, actionable data and implementation. It currently has negative earnings. Through its Managed Portals and Advertising solutions, the Company enables its clients to earn revenue by monetizing media among their consumers.

Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.96, from 1.83 in 2016Q1. The ratio is negative, as 10 funds sold all Synacor Inc shares owned while 5 reduced positions. 4 funds bought stakes while 9 increased positions. They now own 3.62 million shares or 14.64% less from 4.24 million shares in 2016Q1.
Ladenburg Thalmann Fin Ser owns 300 shares or 0% of their US portfolio. Spark Mngmt Lc accumulated 459,900 shares or 0.13% of the stock. Jacobs Levy Equity Mngmt accumulated 69,079 shares or 0% of the stock. Financial Architects reported 1,500 shares or 0% of all its holdings. Geode Capital Mgmt Ltd Liability Company last reported 120,048 shares in the company. Renaissance Tech Ltd Llc holds 898,900 shares or 0.01% of its portfolio. California Public Employees Retirement Systems has 13,700 shares for 0% of their US portfolio. Blackrock Invest Mngmt Ltd has 0% invested in the company for 3,846 shares. The Massachusetts-based Acadian Asset Limited Liability has invested 0% in Synacor Inc (NASDAQ:SYNC). Ameriprise Financial last reported 14,750 shares in the company. Goldman Sachs Grp accumulated 12,271 shares or 0% of the stock. Dimensional Fund L P has 40,365 shares for 0% of their US portfolio. Blackrock Fund Advisors last reported 73,704 shares in the company. Vanguard last reported 629,632 shares in the company. Moreover, Comml Bank Of Ny Mellon has 0% invested in Synacor Inc (NASDAQ:SYNC) for 52,460 shares.

SYNC Company Profile

Synacor, Inc., incorporated on November 6, 2002, is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Firm enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, actionable data and implementation. Through its Managed Portals and Advertising solutions, the Company enables its clients to earn revenue by monetizing media among their consumers. The Company’s Managed Portals are delivered across devices and under its customers’ own brand names. The Firm delivers content, such as top news, entertainment, and long- and short-form video and applications, on its Managed Portals. In addition, clients have the ability through portals to manage their e-mail and messaging, pay bills, receive special promotions and perform other account management needs.

More news for Synacor Inc (NASDAQ:SYNC) were recently published by: Marketwatch.com, which released: “Synacor Inc. NASDAQ: SYNC” on May 04, 2011. Bizjournals.com‘s article titled: “Showdown on at Synacor Inc.” and published on February 23, 2015 is yet another important article.

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By Marie Mckinney

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