November 21, 2016 - By Ellis Scott · 0 Comments
The stock of Westport Fuel Systems Incorporated (NASDAQ:WPRT) registered an increase of 7.88% in short interest. WPRT’s total short interest was 4.38 million shares in November as published by FINRA. Its up 7.88% from 4.06M shares, reported previously. With 469,100 shares average volume, it will take short sellers 9 days to cover their WPRT’s short positions. The short interest to Westport Fuel Systems Incorporated’s float is 4.73%. About 199,872 shares traded hands. Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) has declined 50.00% since April 19, 2016 and is downtrending. It has underperformed by 53.86% the S&P500.
Westport Fuel Systems Inc , formerly Westport Innovations Inc, is a Canada well-known provider of low-emission engine and fuel system technologies utilizing gaseous fuels. The company has a market cap of $140.01 million. It operates through the Westport Operations segment. It currently has negative earnings. The Westport Operations segment designs, makes and sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers.
Insitutional Activity: The institutional sentiment decreased to 0.66 in 2016 Q2. Its down 1.44, from 2.1 in 2016Q1. The ratio fall, as 10 funds sold all Westport Fuel Systems Inc (USA) shares owned while 10 reduced positions. 24 funds bought stakes while 18 increased positions. They now own 16.62 million shares or 239.06% more from 4.90 million shares in 2016Q1.
Pnc Fincl Svcs Gp has 9,100 shares for 0% of their US portfolio. Blackrock Incorporated last reported 31 shares in the company. Brown Advisory reported 12,275 shares or 0% of all its holdings. Springbok Management Limited Liability Corp last reported 2,600 shares in the company. Raymond James Svcs Advsrs holds 34,296 shares or 0% of its portfolio. Gradient Investments Ltd Company owns 100 shares or 0% of their US portfolio. Advisory Svcs Ltd Llc, a Georgia-based fund reported 200 shares. Commonwealth Equity Services holds 0% or 31,609 shares in its portfolio. The Ontario – Canada-based Royal Savings Bank Of Canada has invested 0% in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT). Wells Fargo And Mn has invested 0% of its portfolio in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT). Deutsche Financial Bank Ag accumulated 131,769 shares or 0% of the stock. Nationwide Fund Advsrs owns 11,523 shares or 0% of their US portfolio. Northern Trust Corporation has 74,931 shares for 0% of their US portfolio. California Public Employees Retirement holds 0% or 146,549 shares in its portfolio. The Kansas-based Creative Planning has invested 0% in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT).
Out of 3 analysts covering Westport Innovations (NASDAQ:WPRT), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Westport Innovations has been the topic of 5 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was initiated on Monday, June 20 by Rodman & Renshaw. The stock of Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, November 11. On Thursday, July 30 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.
More recent Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) news were published by: Fool.com which released: “Forget Westport Fuel Systems Inc.: These 2 Stocks Are Better Buys” on September 28, 2016. Also Fool.com published the news titled: “Why Westport Innovations Inc. (USA) and Fuel Systems Merger is Good for Investors” on June 03, 2016. Fool.com‘s news article titled: “Better Buy: Westport Fuel Systems Inc. vs. Navistar International Corp.” with publication date: August 08, 2016 was also an interesting one.
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By Ellis Scott