Short Interest Summary: Yelp Incorporated (NYSE:YELP) Shorted Shares Increased By 8.43%

November 22, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Summary: Yelp Incorporated (NYSE:YELP) Shorted Shares Increased By 8.43%

The stock of Yelp Incorporated (NYSE:YELP) registered an increase of 8.43% in short interest. YELP’s total short interest was 4.87 million shares in November as published by FINRA. Its up 8.43% from 4.49M shares, reported previously. With 1.58 million shares average volume, it will take short sellers 3 days to cover their YELP’s short positions. The short interest to Yelp Incorporated’s float is 7.94%. The stock increased 0.10% or $0.04 during the last trading session, hitting $38.33. Yelp Inc (NYSE:YELP) has risen 81.23% since April 20, 2016 and is uptrending. It has outperformed by 76.67% the S&P500.

Yelp Inc. connects people with local businesses by bringing word of mouth online and providing a platform for businesses and clients to engage and transact. The company has a market cap of $3.07 billion. The Firm provides local business review sites. It currently has negative earnings. Yelp provides a platform for clients to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature.

Insitutional Activity: The institutional sentiment decreased to 1.16 in 2016 Q2. Its down 0.02, from 1.18 in 2016Q1. The ratio worsened, as 35 funds sold all Yelp Inc shares owned while 50 reduced positions. 44 funds bought stakes while 56 increased positions. They now own 52.13 million shares or 4.72% less from 54.71 million shares in 2016Q1.
Voya Limited Liability Corporation accumulated 27,877 shares or 0% of the stock. Huntington Savings Bank has 0% invested in the company for 16 shares. Geduld E E has 10,000 shares for 0.4% of their US portfolio. The Connecticut-based Trexquant L P has invested 0.17% in Yelp Inc (NYSE:YELP). Visium Asset Management Lp last reported 138,630 shares in the company. Susquehanna Llp owns 254,590 shares or 0% of their US portfolio. Moreover, Bancorp Of Ny Mellon has 0% invested in Yelp Inc (NYSE:YELP) for 217,663 shares. Pdt Limited Liability holds 0.68% or 283,300 shares in its portfolio. Moreover, Clearbridge Invs Ltd Liability Com has 0% invested in Yelp Inc (NYSE:YELP) for 266 shares. Delta Lloyd Nv has 53,902 shares for 0.05% of their US portfolio. Alliancebernstein L P has 90,355 shares for 0% of their US portfolio. Westend Management Ltd Liability Corporation, a California-based fund reported 60,140 shares. Wells Fargo And Com Mn accumulated 0% or 79,340 shares. Ar Schmeidler Company Inc last reported 0.73% of its portfolio in the stock. Moreover, Ladenburg Thalmann Ser has 0% invested in Yelp Inc (NYSE:YELP) for 581 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 insider purchases, and 30 insider sales for $20.00 million net activity. Another trade for 6,000 shares valued at $239,796 was sold by Donaker Geoffrey L. $539,741 worth of Yelp Inc (NYSE:YELP) was sold by Stoppelman Jeremy. Wilson Laurence sold $949,950 worth of Yelp Inc (NYSE:YELP) on Wednesday, October 5. $187,900 worth of Yelp Inc (NYSE:YELP) was sold by Stoppelman Michael on Tuesday, September 20. 5,000 shares were sold by Nachman Joseph R, worth $192,272 on Thursday, November 10.

Yelp Inc (NYSE:YELP) Ratings Coverage

Out of 37 analysts covering Yelp (NYSE:YELP), 15 rate it a “Buy”, 5 “Sell”, while 17 “Hold”. This means 41% are positive. Yelp has been the topic of 72 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was upgraded by Raymond James to “Outperform” on Wednesday, August 10. Deutsche Bank upgraded Yelp Inc (NYSE:YELP) rating on Monday, June 20. Deutsche Bank has “Buy” rating and $33 price target. Barclays Capital maintained Yelp Inc (NYSE:YELP) rating on Wednesday, August 10. Barclays Capital has “Equal-Weight” rating and $30 price target. The rating was upgraded by RBC Capital Markets to “Outperform” on Friday, November 13. The rating was maintained by Suntrust Robinson on Wednesday, December 30 with “Buy”. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, August 10 report. The firm has “Outperform” rating given on Tuesday, February 9 by RBC Capital Markets. The stock of Yelp Inc (NYSE:YELP) earned “Outperform” rating by Credit Suisse on Wednesday, August 10. The firm has “Equal-Weight” rating given on Tuesday, August 9 by Morgan Stanley. The rating was downgraded by Raymond James on Wednesday, July 29 to “Market Perform”.

YELP Company Profile

Yelp Inc. (Yelp), incorporated on September 03, 2004, connects people with local businesses by bringing word of mouth online and providing a platform for businesses and clients to engage and transact. The Firm provides local business review sites. Yelp provides a platform for clients to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature. The Company’s platform also provides businesses of all sizes with a range of free and paid services that help them engage with consumers. The Firm has a range of communities of contributors across the world that contributes the content on its platform. These contributors provide firsthand information about local businesses in the form of reviews and ratings, tips, photos and videos.

More news for Yelp Inc (NYSE:YELP) were recently published by: Fool.com, which released: “Why Yelp, Inc. Stock Jumped Today” on November 02, 2016. Profitconfidential.com‘s article titled: “Yelp Inc.: This Is Why YELP Stock is Going Crazy” and published on November 02, 2016 is yet another important article.

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By Marie Mckinney


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