Short Interest Summary: What Will Happen to Wixcom Limited Ord (NASDAQ:WIX) Next? The Stock Has Increase in Shorts

November 21, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Summary: What Will Happen to Wixcom Limited Ord (NASDAQ:WIX) Next? The Stock Has Increase in Shorts

The stock of Wixcom Limited Ord (NASDAQ:WIX) registered an increase of 2.21% in short interest. WIX’s total short interest was 849,700 shares in November as published by FINRA. Its up 2.21% from 831,300 shares, reported previously. With 307,600 shares average volume, it will take short sellers 3 days to cover their WIX’s short positions. The short interest to Wixcom Limited Ord’s float is 2.9%. About 140,593 shares traded hands. Wix.Com Ltd (NASDAQ:WIX) has risen 120.60% since April 19, 2016 and is uptrending. It has outperformed by 116.74% the S&P500.

Wix.com Ltd. is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The company has a market cap of $2.21 billion. The Firm provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. It currently has negative earnings. These applications provide Wix registered users a bespoke front-end for clients visiting their Website, as well as a back-end management dashboard.

Insitutional Activity: The institutional sentiment decreased to 1.43 in Q2 2016. Its down 0.24, from 1.67 in 2016Q1. The ratio dropped, as 16 funds sold all Wix.Com Ltd shares owned while 23 reduced positions. 27 funds bought stakes while 38 increased positions. They now own 24.99 million shares or 5.64% more from 23.65 million shares in 2016Q1.
Royal Bancshares Of Canada last reported 0% of its portfolio in the stock. Blackrock last reported 14,194 shares in the company. Jane Street Grp Inc Lc has 16,750 shares for 0% of their US portfolio. Menta Ltd Co accumulated 155,876 shares or 0.65% of the stock. Lmr Prns Llp holds 14,565 shares or 0.07% of its portfolio. Group One Trading L P accumulated 0% or 3,436 shares. The California-based Nicholas Invest Ptnrs L P has invested 0.36% in Wix.Com Ltd (NASDAQ:WIX). Citadel Advisors Llc, a Illinois-based fund reported 7,178 shares. Deer Vii & Com Ltd last reported 13.13% of its portfolio in the stock. Commonwealth Of Pennsylvania School Empls Retrmt has 18,904 shares for 0.01% of their US portfolio. Ion Asset Management Ltd, a Cayman Islands-based fund reported 411,633 shares. Moreover, Morgan Stanley has 0% invested in Wix.Com Ltd (NASDAQ:WIX) for 49,626 shares. Envestnet Asset Mngmt holds 3,922 shares or 0% of its portfolio. Geode Cap Mngmt Lc has 0% invested in the company for 37,719 shares. Wells Fargo And Company Mn has invested 0% of its portfolio in Wix.Com Ltd (NASDAQ:WIX).

Wix.Com Ltd (NASDAQ:WIX) Ratings Coverage

Out of 5 analysts covering Wix.com (NASDAQ:WIX), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Wix.com has been the topic of 11 analyst reports since August 6, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of WIX in a report on Thursday, February 11 with “Outperform” rating. As per Wednesday, September 21, the company rating was downgraded by JP Morgan. RBC Capital Markets maintained Wix.Com Ltd (NASDAQ:WIX) on Thursday, November 5 with “Outperform” rating. RBC Capital Markets downgraded the shares of WIX in a report on Friday, September 23 to “Sector Perform” rating. The firm has “Buy” rating by Deutsche Bank given on Wednesday, September 2. The firm earned “Outperform” rating on Thursday, August 6 by Oppenheimer. Deutsche Bank maintained the stock with “Hold” rating in Thursday, August 6 report. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, October 19. The rating was maintained by RBC Capital Markets on Thursday, August 6 with “Outperform”. On Tuesday, November 24 the stock rating was initiated by JMP Securities with “Market Outperform”.

WIX Company Profile

Wix.com Ltd. (Wix), incorporated on October 5, 2006, is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Firm provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for clients visiting their Website, as well as a back-end management dashboard. The Firm has developed these software applications for businesses in specific verticals, including retail and online stores, hotel and property management, music and restaurants. These vertical applications are integrated into the Company’s Website templates or can be installed on any existing Website and set up by the user and without the need to write code. The Firm offers its platform in various languages, including English, French, Spanish, Portuguese, Italian, Russian, German, Japanese, Korean, Polish, Dutch, Turkish, Hindi, Norwegian, Swedish and Danish.

More recent Wix.Com Ltd (NASDAQ:WIX) news were published by: Prnewswire.com which released: “Is Your Wix.com Online Store a Slam Dunk to Win an Online Commercial?” on October 27, 2016. Also Prnewswire.com published the news titled: “Wix.com Launches Wix App Providing a Powerful Mobile Operating System for …” on October 05, 2016. Prnewswire.com‘s news article titled: “Cover Shoot Of A Lifetime: Three Inspired Wix Photographers Win Chance To …” with publication date: August 25, 2016 was also an interesting one.

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 Dolores Ford


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

>