Short Interest Change: What’s Next for Wireless Telecomm Group Incorporated (NYSEMKT:WTT) After Having More Shares Shorted?

November 21, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Change: What's Next for Wireless Telecomm Group Incorporated (NYSEMKT:WTT) After Having More Shares Shorted?

The stock of Wireless Telecomm Group Incorporated (NYSEMKT:WTT) registered an increase of 18.22% in short interest. WTT’s total short interest was 29,200 shares in November as published by FINRA. Its up 18.22% from 24,700 shares, reported previously. With 12,200 shares average volume, it will take short sellers 2 days to cover their WTT’s short positions. The short interest to Wireless Telecomm Group Incorporated’s float is 0.17%. About 31,137 shares traded hands or 202.27% up from the average. Wireless Telecom Group Inc (NYSEMKT:WTT) has risen 26.09% since April 19, 2016 and is uptrending. It has outperformed by 22.23% the S&P500.

Wireless Telecom Group, Inc. designs and makes radio frequency and microwave products for wireless and communications industries. The company has a market cap of $34.00 million. The Firm markets its services and products across the world under the brand names, Boonton, Microlab and Noisecom. It currently has negative earnings. It serves both commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity (Wi-Fi), worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.

Insitutional Activity: The institutional sentiment is 1.17 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as 3 funds sold all Wireless Telecom Group Inc shares owned while 3 reduced positions. only 2 funds bought stakes while 5 increased positions. They now own 5.10 million shares or 2.08% less from 5.21 million shares in 2016Q1.
Ladenburg Thalmann Fincl Svcs Inc has invested 0% of its portfolio in Wireless Telecom Group Inc (NYSEMKT:WTT). Kessler Investment Grp Lc last reported 0% of its portfolio in the stock. Fincl Bank Of Mellon Corp holds 0% of its portfolio in Wireless Telecom Group Inc (NYSEMKT:WTT) for 19,990 shares. Nationwide Fund Advsrs last reported 0% of its portfolio in the stock. Grt Capital Ltd Liability holds 54,167 shares or 0.02% of its portfolio. Kistler reported 11,100 shares or 0.01% of all its holdings. Citadel Advisors Ltd Liability Corp accumulated 15,855 shares or 0% of the stock. Tower Research Limited Liability Corp (Trc) last reported 61 shares in the company. The Texas-based Dimensional Fund Advsrs Limited Partnership has invested 0% in Wireless Telecom Group Inc (NYSEMKT:WTT). Morgan Stanley accumulated 7,853 shares or 0% of the stock. Hollow Brook Wealth Mgmt Limited Liability Corporation holds 1.72% or 1.86M shares in its portfolio. Geode Limited Liability Corp holds 0% or 46,661 shares in its portfolio. Northern Tru Corporation accumulated 37,531 shares or 0% of the stock. Comml Bank Of America De last reported 12,501 shares in the company. Vanguard holds 449,661 shares or 0% of its portfolio.

Insider Transactions: Since August 24, 2016, the stock had 2 buys, and 0 selling transactions for $90,757 net activity. $8,390 worth of Wireless Telecom Group Inc (NYSEMKT:WTT) shares were bought by Whelan Timothy. The insider Bell Don Carlos III bought 50,000 shares worth $82,367.

WTT Company Profile

Wireless Telecom Group, Inc., incorporated on June 7, 1905, creates and makes radio frequency (RF) and microwave products for wireless and communications industries. The Firm operates through two divisions: network solutions, and test and measurement. The network solutions segment includes the activities of its subsidiary, Microlab/FXR (Microlab). The Company, through Microlab, creates and makes a range of RF passive components and integrated subsystems for signal conditioning and distribution in the wireless infrastructure markets, particularly for distributed antenna systems (DAS), in-building wireless solutions industry, radio base-station market and medical equipment sector. Microlab’s passive RF components share its capabilities in the area of broadband frequency coverage and low Passive Intermodulation (PIM). Microlab product offerings include neutral host DAS and co-siting combiner solutions, hybrid couplers and hybrid matrices, cross band couplers, attenuators, RF terminations, RF power splitter and diplexers, as well as RF combiners and broadband combiner boxes for in-building DAS deployments.

More notable recent Wireless Telecom Group Inc (NYSEMKT:WTT) news were published by: Businesswire.com which released: “Wireless Telecom Group Announces Addition of New Board Members: Allan D. L …” on November 14, 2016, also Businesswire.com with their article: “Wireless Telecom Group Announces Appointment of Daniel Monopoli as General …” published on September 28, 2015, Businesswire.com published: “Wireless Telecom Group Announces Appointment of Vice President of Sales …” on June 02, 2016. More interesting news about Wireless Telecom Group Inc (NYSEMKT:WTT) were released by: Businesswire.com and their article: “Wireless Telecom Group Announces Appointment of Mitchell Herbets as a New …” published on June 15, 2015 as well as Streetinsider.com‘s news article titled: “Wireless Telecom Group, Inc. (WTT) Names New CEO” with publication date: June 30, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Pete Kolinski

Tags: , ,


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>