Short Interest Don’t Lie: After Reaching Milestone, Is Visionchina Media Ads (NASDAQ:VISN)’s Short Interest Revealing Something?

November 21, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest Don't Lie: After Reaching Milestone, Is Visionchina Media Ads (NASDAQ:VISN)’s Short Interest Revealing Something?

The stock of Visionchina Media Ads (NASDAQ:VISN) registered an increase of 205.67% in short interest. VISN’s total short interest was 59,300 shares in November as published by FINRA. Its up 205.67% from 19,400 shares, reported previously. With 55,500 shares average volume, it will take short sellers 1 days to cover their VISN’s short positions. The short interest to Visionchina Media Ads’s float is 1.89%. The stock increased 1.25% or $0.07 on November 18, hitting $5.68. VisionChina Media Inc (ADR) (NASDAQ:VISN) has declined 42.04% since April 19, 2016 and is downtrending. It has underperformed by 45.90% the S&P500.

VisionChina Media, Inc. operates an out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems in China based on its number of displays. The company has a market cap of $37.24 million. The Firm also provides urban mass transit wireless fidelity . It currently has negative earnings. As of September 30, 2015, the Company’s advertising network included approximately 97,757 digital television displays on mass transportation systems in 18 of China’s cities, including Beijing, Guangzhou and Shenzhen.

Insitutional Activity: The institutional sentiment decreased to 0.67 in Q2 2016. Its down 0.33, from 1 in 2016Q1. The ratio turned negative, as 1 funds sold all VisionChina Media Inc (ADR) shares owned while 1 reduced positions. 2 funds bought stakes while 0 increased positions. They now own 16,273 shares or 97.73% less from 717,345 shares in 2016Q1.
Fincl Architects Inc owns 800 shares or 0% of their US portfolio. Moreover, Deutsche Retail Bank Ag has 0% invested in VisionChina Media Inc (ADR) (NASDAQ:VISN) for 98 shares. Tower Capital Limited Liability Company (Trc), a New York-based fund reported 715 shares. California Pub Employees Retirement Sys last reported 14,650 shares in the company. Morgan Stanley, a New York-based fund reported 10 shares.

VISN Company Profile

VisionChina Media, Inc., incorporated on January 27, 2006, operates an out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems in China based on its number of displays. The Firm also provides urban mass transit wireless fidelity (Wi-Fi). As of September 30, 2015, the Company’s advertising network included approximately 97,757 digital television displays on mass transportation systems in 18 of China’s cities, including Beijing, Guangzhou and Shenzhen. It delivers real-time, location-specific broadcasting, including news, stock quotes, weather and traffic reports, and other entertainment programming. The Company, through its consolidated affiliate Qianhai Mobile, has secured concession rights for bus Wi-Fi services in over 30 cities across China, including Shanghai, Shenzhen, Guangzhou and Tianjin, covering approximately 80,000 buses. Qianhai Mobile provides free Wi-Fi Internet services on over 30,000 buses under the brand name VIFI, with approximately 10 million registered users.

More notable recent VisionChina Media Inc (ADR) (NASDAQ:VISN) news were published by: Marketwatch.com which released: “VisionChina Media Inc. ADR” on December 21, 2009, also Investorplace.com with their article: “7 Media Stocks to Sell Now” published on October 17, 2016, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011. More interesting news about VisionChina Media Inc (ADR) (NASDAQ:VISN) were released by: Nasdaq.com and their article: “Asian ADRs Move Lower in Tuesday Trading” published on November 08, 2016 as well as Quotes.Wsj.com‘s news article titled: “News ChinaNet Online Holdings Inc.CNET” with publication date: February 11, 2011.

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By Ruchi Gupta


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