Short Interest Change: It Seems Tucows Class A (NASDAQ:TCX) Will Go Up. Just Reported Less Shorted Shares

November 17, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest Change: It Seems Tucows Class A (NASDAQ:TCX) Will Go Up. Just Reported Less Shorted Shares

The stock of Tucows Class A (NASDAQ:TCX) registered a decrease of 4.73% in short interest. TCX’s total short interest was 594,500 shares in November as published by FINRA. Its down 4.73% from 624,000 shares, reported previously. With 50,800 shares average volume, it will take short sellers 12 days to cover their TCX’s short positions. The short interest to Tucows Class A’s float is 8.66%. About 6,303 shares traded hands. Tucows Inc. (USA) (NASDAQ:TCX) has risen 37.16% since April 15, 2016 and is uptrending. It has outperformed by 32.54% the S&P500.

Tucows Inc. is engaged in providing Internet services. The company has a market cap of $343.81 million. The Company’s divisions include Domain Services and Network Access Services. It has a 21.05 P/E ratio. The Domain Services segment has over three service offerings, being wholesale and retail domain name registration services, value added services and portfolio.

Insitutional Activity: The institutional sentiment decreased to 0.32 in 2016 Q2. Its down 0.14, from 0.46 in 2016Q1. The ratio dived, as 12 funds sold all Tucows Inc. (USA) shares owned while 13 reduced positions. 2 funds bought stakes while 6 increased positions. They now own 2.04 million shares or 16.20% less from 2.43 million shares in 2016Q1.
Moreover, Deutsche Bank Ag has 0% invested in Tucows Inc. (USA) (NASDAQ:TCX) for 1,749 shares. Acadian Asset Mgmt Ltd Liability last reported 0.01% of its portfolio in the stock. Millennium has 13,341 shares for 0% of their US portfolio. Marathon Mngmt last reported 0.18% of its portfolio in the stock. Wedge Cap L Limited Partnership Nc holds 15,473 shares or 0% of its portfolio. Balyasny Asset Mgmt Ltd last reported 9,120 shares in the company. Morgan Stanley reported 21,390 shares or 0% of all its holdings. Wasatch Advsr last reported 263,157 shares in the company. Parallax Volatility Advisers Limited Partnership holds 969 shares or 0% of its portfolio. Citadel Advisors Limited Liability Company last reported 8,672 shares in the company. Renaissance Techs Ltd Liability holds 0.03% of its portfolio in Tucows Inc. (USA) (NASDAQ:TCX) for 734,151 shares. Rbf Cap Ltd holds 0.06% of its portfolio in Tucows Inc. (USA) (NASDAQ:TCX) for 12,683 shares. Osmium Prtnrs Lc holds 16.21% of its portfolio in Tucows Inc. (USA) (NASDAQ:TCX) for 494,388 shares. Tower Lc (Trc) owns 499 shares or 0% of their US portfolio. Magee Thomson Prtnrs Limited Liability Company last reported 0% of its portfolio in the stock.

Insider Transactions: Since September 1, 2016, the stock had 0 insider buys, and 7 sales for $3.70 million net activity. Schwartz Jeffrey Nathan sold 13,125 shares worth $402,322. 2,000 shares were sold by Woroch David John, worth $57,348 on Wednesday, September 21. $272,500 worth of shares were sold by GISSIN EREZ on Thursday, September 1. $733,410 worth of Tucows Inc. (USA) (NASDAQ:TCX) shares were sold by Ralls Rawleigh Hazen IV. The insider Karp Allen sold 5,000 shares worth $199,464. $665,247 worth of Tucows Inc. (USA) (NASDAQ:TCX) shares were sold by Goertz Carla Anne.

TCX Company Profile

Tucows Inc., incorporated on November 5, 1992, is engaged in providing Internet services. The Company’s divisions include Domain Services and Network Access Services. The Domain Services segment has over three service offerings, being wholesale and retail domain name registration services, value added services and portfolio. The Network Access Services segment includes mobile services and other services. The Firm focuses on serving the needs of network of resellers by providing services, interfaces, customer service, reseller-oriented technology, and design and development processes. The Firm focuses its service offerings under brands, including OpenSRS, YummyNames, Platypus, Hover and Ting.

Another recent and important Tucows Inc. (USA) (NASDAQ:TCX) news was published by Businesswire.com which published an article titled: “Tigo® Announces Stanley Stern to Join the Board of Directors” on November 05, 2015.

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By Ruchi Gupta


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