November 22, 2016 - By Adrian Mccoy · 0 Comments
The stock of Zix Corporation (NASDAQ:ZIXI) registered an increase of 6.26% in short interest. ZIXI’s total short interest was 1.39 million shares in November as published by FINRA. Its up 6.26% from 1.30M shares, reported previously. With 221,500 shares average volume, it will take short sellers 6 days to cover their ZIXI’s short positions. The short interest to Zix Corporation’s float is 2.82%. The stock closed at $4.69 during the last session. It is down 18.43% since April 20, 2016 and is uptrending. It has outperformed by 13.88% the S&P500.
Zix Corporation offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The company has a market cap of $251.54 million. The Firm operates in the segment of e-mail encryption and security solutions. It has a 54.94 P/E ratio. The Company’s Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service.
Insitutional Activity: The institutional sentiment increased to 1.29 in 2016 Q2. Its up 0.01, from 1.28 in 2016Q1. The ratio is positive, as 11 funds sold all Zix Corporation shares owned while 32 reduced positions. 18 funds bought stakes while 37 increased positions. They now own 32.35 million shares or 5.15% less from 34.11 million shares in 2016Q1.
Jefferies Gru Ltd Com holds 0% or 11,861 shares in its portfolio. The California-based Wells Fargo Com Mn has invested 0% in Zix Corporation (NASDAQ:ZIXI). Parametric Associates Lc has invested 0% of its portfolio in Zix Corporation (NASDAQ:ZIXI). Northern Tru accumulated 0% or 866,016 shares. Goldman Sachs Gp has invested 0% of its portfolio in Zix Corporation (NASDAQ:ZIXI). Globeflex Limited Partnership last reported 0.27% of its portfolio in the stock. Numeric Invsts Ltd Llc holds 1.10 million shares or 0.04% of its portfolio. Thomson Horstmann & Bryant Incorporated has 1.53M shares for 0.74% of their US portfolio. Blackrock Inv Ltd last reported 209,521 shares in the company. Amer Century accumulated 0% or 253,355 shares. Stonebridge Mngmt Inc holds 0.02% or 12,390 shares in its portfolio. Blackrock Gru Limited holds 0% of its portfolio in Zix Corporation (NASDAQ:ZIXI) for 66,860 shares. Penbrook Management, a New York-based fund reported 66,763 shares. Credit Suisse Ag holds 0% or 41,420 shares in its portfolio. Manufacturers Life Co The holds 42,000 shares or 0% of its portfolio.
Insider Transactions: Since July 29, 2016, the stock had 0 insider purchases, and 3 insider sales for $215,175 net activity. 1,952 shares with value of $7,925 were sold by SPURR RICHARD on Friday, July 29.
Out of 2 analysts covering Zix Corp (NASDAQ:ZIXI), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Zix Corp has been the topic of 3 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, January 7 by Topeka Capital Markets. Dougherty & Company maintained Zix Corporation (NASDAQ:ZIXI) on Thursday, February 18 with “Buy” rating. Dougherty & Company maintained the shares of ZIXI in a report on Wednesday, July 22 with “Buy” rating.
Zix Corporation (ZixCorp), incorporated on January 29, 1988, offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The Firm operates in the segment of e-mail encryption and security solutions. The Firm serves organizations in the healthcare, financial services, insurance and government sectors, including federal financial regulators, such as the Federal Financial Institutions Examination Council (FFIEC), divisions of the United States Treasury, the United States Securities and Exchange Commission (SEC), the United States banks, over 30 Blue Cross Blue Shield organizations and the United States hospitals. The Company’s Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service, which allows an enterprise to use policy-driven rules to determine which e-mail messages should be sent securely to comply with regulations or company-defined policies.
More recent Zix Corporation (NASDAQ:ZIXI) news were published by: Businesswire.com which released: “Zix Corporation Appoints Vice President of Product Management & Strategy” on April 21, 2016. Also Investorplace.com published the news titled: “Zix Corporation: Why ZIXI Stock Is Still a Great Bet” on September 21, 2015. Quotes.Wsj.com‘s news article titled: “News Zix Corp.ZIXI” with publication date: February 11, 2011 was also an interesting one.
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By Adrian Mccoy