Short Interest Coverage: Teletech Holdings Incorporated (NASDAQ:TTEC) Reports Increase in Sellers; Strong Momentum for Short Players

November 18, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Coverage: Teletech Holdings Incorporated (NASDAQ:TTEC) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of Teletech Holdings Incorporated (NASDAQ:TTEC) registered an increase of 22.38% in short interest. TTEC’s total short interest was 588,300 shares in November as published by FINRA. Its up 22.38% from 480,700 shares, reported previously. With 81,300 shares average volume, it will take short sellers 7 days to cover their TTEC’s short positions. The short interest to Teletech Holdings Incorporated’s float is 3.87%. About 1 shares traded hands. TeleTech Holdings, Inc. (NASDAQ:TTEC) has declined 3.43% since April 18, 2016 and is downtrending. It has underperformed by 7.86% the S&P500.

TeleTech Holdings, Inc. is a customer engagement management service well-known provider that delivers integrated consulting, technology, growth and customer care solutions. The company has a market cap of $1.29 billion. The Firm operates through four divisions: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS). It has a 25.54 P/E ratio. The CMS segment creates and manages clients’ front-to-back office processes to deliver multi-channel interactions.

Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.34, from 0.68 in 2016Q1. The ratio is positive, as 18 funds sold all TeleTech Holdings, Inc. shares owned while 44 reduced positions. 5 funds bought stakes while 37 increased positions. They now own 13.07 million shares or 4.17% less from 13.63 million shares in 2016Q1.
First Citizens Bancshares And Trust Company has invested 0.03% of its portfolio in TeleTech Holdings, Inc. (NASDAQ:TTEC). Dimensional Fund Advisors L P, a Texas-based fund reported 1.35M shares. Finemark National Bank Tru holds 0% of its portfolio in TeleTech Holdings, Inc. (NASDAQ:TTEC) for 328 shares. Parametric Portfolio Ltd Liability Corp holds 0% or 104,427 shares in its portfolio. Ironwood Inv Mgmt Ltd Company holds 1.01% or 49,858 shares in its portfolio. First Mercantile Company accumulated 3,770 shares or 0.01% of the stock. Prudential last reported 0% of its portfolio in the stock. State Of Tennessee Treasury Department has invested 0% of its portfolio in TeleTech Holdings, Inc. (NASDAQ:TTEC). Kbc Grp Nv, a Belgium-based fund reported 24,871 shares. Pillar Pacific Capital Mgmt Lc accumulated 10,600 shares or 0.05% of the stock. Martingale Asset Mgmt L P holds 0.01% or 19,330 shares in its portfolio. Employees Retirement Sys Of Texas has 0.03% invested in the company for 76,000 shares. Renaissance Technologies Ltd Llc has invested 0.02% of its portfolio in TeleTech Holdings, Inc. (NASDAQ:TTEC). Cap Impact Advsrs Lc has 28,919 shares for 0.37% of their US portfolio. Horizon Kinetics Limited Liability last reported 15,730 shares in the company.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 4 sales for $928,133 net activity. $131,877 worth of TeleTech Holdings, Inc. (NASDAQ:TTEC) was sold by POLLEMA STEVEN C. DEGHETTO MARTIN F had sold 14,245 shares worth $404,083 on Tuesday, July 12. Shares for $41,010 were sold by Conley Gregory A.

TTEC Company Profile

TeleTech Holdings, Inc. (TeleTech), incorporated on December 22, 1994, is a customer engagement management service well-known provider that delivers integrated consulting, technology, growth and customer care solutions on a global scale. The Firm operates through four divisions: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS). It operates approximately 70 delivery centers that are classified as Multi-Client Center, which it leases space and serves multiple clients in each facility; Dedicated Center, which it leases space and dedicates the entire facility to one client, and Managed Center, which are leased or owned by its clients. The Company’s suite of product and service capabilities allows it to design and deliver customer experiences across various communication channels. The Company’s delivers solutions in over 20 countries from approximately 70 delivery centers on over six continents.

More notable recent TeleTech Holdings, Inc. (NASDAQ:TTEC) news were published by: Prnewswire.com which released: “TeleTech Acquires Canada-Based Customer Experience Provider Atelka” on November 09, 2016, also Prnewswire.com with their article: “TeleTech Technology Introduces New Managed Services Offerings” published on October 11, 2016, Prnewswire.com published: “TeleTech Recognized as a Top Global Provider of Financial Services Technology …” on September 07, 2016. More interesting news about TeleTech Holdings, Inc. (NASDAQ:TTEC) were released by: Prnewswire.com and their article: “TeleTech Illuminates Customer Experience “Moments of Wow”” published on October 25, 2016 as well as Equitiesfocus.com‘s news article titled: “TeleTech Holdings, Inc. (NASDAQ:TTEC) Quarterly EPS From Continuing Operations …” with publication date: November 18, 2016.

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By Dolores Ford


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