November 18, 2016 - By Linda Rogers · 0 Comments
The stock of Tremor Video Incorporated (NYSE:TRMR) registered an increase of 7.11% in short interest. TRMR’s total short interest was 373,800 shares in November as published by FINRA. Its up 7.11% from 349,000 shares, reported previously. With 70,400 shares average volume, it will take short sellers 5 days to cover their TRMR’s short positions. The short interest to Tremor Video Incorporated’s float is 1.32%. The stock decreased 1.55% or $0.03 on November 17, hitting $1.91. Tremor Video Inc (NYSE:TRMR) has declined 0.52% since April 18, 2016 and is downtrending. It has underperformed by 4.95% the S&P500.
Tremor Video, Inc. is an advertising technology company. The company has a market cap of $105.78 million. The Firm provides software for video advertising effectiveness. It currently has negative earnings. The Firm operates through online video advertising services segment.
Insitutional Activity: The institutional sentiment decreased to 0.43 in 2016 Q2. Its down 0.41, from 0.84 in 2016Q1. The ratio worsened, as 8 funds sold all Tremor Video Inc shares owned while 11 reduced positions. 4 funds bought stakes while 12 increased positions. They now own 10.63 million shares or 3.91% less from 11.06 million shares in 2016Q1.
Moreover, Citadel Advsrs Limited Liability Company has 0% invested in Tremor Video Inc (NYSE:TRMR) for 10,421 shares. Jacobs Levy Equity has invested 0.01% of its portfolio in Tremor Video Inc (NYSE:TRMR). Blackrock Institutional Na has 0% invested in the company for 119,584 shares. Manufacturers Life Insur Company The last reported 450 shares in the company. Blackrock Advisors Ltd Llc reported 2,927 shares or 0% of all its holdings. Brandywine Glob Invest Lc last reported 33,800 shares in the company. Twin Focus Capital Ltd Com last reported 36,881 shares in the company. Wells Fargo & Company Mn accumulated 0% or 45,000 shares. Blackrock Japan Limited has invested 0% of its portfolio in Tremor Video Inc (NYSE:TRMR). Moreover, Deutsche Bancorporation Ag has 0% invested in Tremor Video Inc (NYSE:TRMR) for 61,735 shares. Morgan Stanley owns 33,269 shares or 0% of their US portfolio. The North Carolina-based Bank & Trust Of America Corporation De has invested 0% in Tremor Video Inc (NYSE:TRMR). Blackrock Fund Advsr holds 0% of its portfolio in Tremor Video Inc (NYSE:TRMR) for 108,686 shares. Evanson Asset Mngmt Ltd Llc last reported 0.03% of its portfolio in the stock. Blackhill Cap Inc has invested 0.01% of its portfolio in Tremor Video Inc (NYSE:TRMR).
Insider Transactions: Since May 20, 2016, the stock had 2 insider purchases, and 12 insider sales for $1.51 million net activity. $231,775 worth of Tremor Video Inc (NYSE:TRMR) was sold by Lee Warren. Canaan VII LP sold $74,114 worth of Tremor Video Inc (NYSE:TRMR) on Friday, May 20. Lam Rachel also bought $16,100 worth of Tremor Video Inc (NYSE:TRMR) shares.
Out of 2 analysts covering Tremor Video (NYSE:TRMR), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Tremor Video has been the topic of 2 analyst reports since November 12, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Boenning & Scattergood given on Thursday, November 12. Canaccord Genuity upgraded the shares of TRMR in a report on Monday, April 18 to “Buy” rating.
Tremor Video, Inc., incorporated on November 22, 2005, is an advertising technology company. The Firm provides software for video advertising effectiveness. The Firm operates through online video advertising services segment. The Company’s technology optimizes performance of video advertisement campaigns across all screens, including computers, smartphones, tablets and connected televisions. The Company’s buyer platform enables advertisers, agencies and other buyers of advertising to discover, buy, optimize and measure the effectiveness of their video advertisement campaigns. The Company’s technology analyzes video content, detects viewer and system attributes, and uses its repository of stored third-party data to optimize and target the delivery of advertisement campaigns.
More notable recent Tremor Video Inc (NYSE:TRMR) news were published by: Businesswire.com which released: “Tremor Video’s Seller Platform Selected by BBC Advertising” on November 14, 2016, also Businesswire.com with their article: “Tremor Video Hires John Rego as Chief Financial Officer” published on August 06, 2015, Businesswire.com published: “Tremor Video Expands Its Global Programmatic Presence with the Acquisition of TVN” on August 06, 2015. More interesting news about Tremor Video Inc (NYSE:TRMR) were released by: Businesswire.com and their article: “Tremor Video Expands Real-Time Viewability Optimization Options through …” published on December 17, 2015 as well as Businesswire.com‘s news article titled: “Tremor Video Expands Partnership with Moat to Measure Mobile In-App …” with publication date: May 02, 2016.
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By Linda Rogers