November 18, 2016 - By Adrian Mccoy · 0 Comments
The stock of Utstarcom Holdings Corporation Ord Caym (NASDAQ:UTSI) registered a decrease of 4.55% in short interest. UTSI’s total short interest was 52,400 shares in November as published by FINRA. Its down 4.55% from 54,900 shares, reported previously. With 43,600 shares average volume, it will take short sellers 1 days to cover their UTSI’s short positions. About 2,484 shares traded hands. UTStarcom Holdings Corp (NASDAQ:UTSI) has risen 12.02% since April 18, 2016 and is uptrending. It has outperformed by 7.59% the S&P500.
UTStarcom Holdings Corp. provides broadband products, solution and services. The company has a market cap of $74.02 million. The Firm delivers broadband transport and access and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. It currently has negative earnings. The Company’s divisions include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment.
Insitutional Activity: The institutional sentiment increased to 1.57 in 2016 Q2. Its up 0.49, from 1.08 in 2016Q1. The ratio improved, as 7 funds sold all UTStarcom Holdings Corp shares owned while 5 reduced positions. 6 funds bought stakes while 7 increased positions. They now own 1.63 million shares or 14.65% more from 1.42 million shares in 2016Q1.
Susquehanna Llp last reported 0% of its portfolio in the stock. Schneider Capital Management last reported 462,488 shares in the company. The North Carolina-based Commercial Bank Of America De has invested 0% in UTStarcom Holdings Corp (NASDAQ:UTSI). Ladenburg Thalmann Fin Inc holds 477 shares or 0% of its portfolio. Da Davidson has 0% invested in the company for 566 shares. Bridgeway Cap Management holds 90,200 shares or 0% of its portfolio. Moreover, Creative Planning has 0% invested in UTStarcom Holdings Corp (NASDAQ:UTSI) for 50,200 shares. Northern has invested 0% of its portfolio in UTStarcom Holdings Corp (NASDAQ:UTSI). The Illinois-based Rmb Mngmt Llc has invested 0% in UTStarcom Holdings Corp (NASDAQ:UTSI). California Public Employees Retirement Systems last reported 65,655 shares in the company. Manufacturers Life Insurance Co The has invested 0% of its portfolio in UTStarcom Holdings Corp (NASDAQ:UTSI). Spark Management holds 0% or 11,700 shares in its portfolio. Morgan Stanley has 23 shares for 0% of their US portfolio. Wells Fargo Mn reported 73,355 shares or 0% of all its holdings. Geode Ltd Liability Com has 0% invested in the company for 11,924 shares.
UTStarcom Holdings Corp., incorporated in April 1, 2011, is engaged in providing broadband products, solution and services. The Firm is a global telecom infrastructure provider, and is focused on delivering broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. The Company’s divisions include Equipment and Services. The broadband product lines include family of packet transport network (PTN) products based on multi-protocol label switch transport profile (MPLS-TP) and carrier Ethernet (CE) technologies enhanced through in-house software-defined networking (SDN) platform to support the network evolution, and multi services access network (MSAN) platform. Wireless broadband access is represented by end-to-end Carrier Wi-Fi solution.
Another recent and important UTStarcom Holdings Corp (NASDAQ:UTSI) news was published by Marketwatch.com which published an article titled: “UTStarcom Holdings Corp.” on December 21, 2009.
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By Adrian Mccoy