Short Interest Watching: Is Buying Actua Corporation (NASDAQ:ACTA) Here Good Idea?

November 23, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Watching: Is Buying Actua Corporation (NASDAQ:ACTA) Here Good Idea?

The stock of Actua Corporation (NASDAQ:ACTA) registered a decrease of 6.08% in short interest. ACTA’s total short interest was 987,500 shares in November as published by FINRA. Its down 6.08% from 1.05M shares, reported previously. With 114,900 shares average volume, it will take short sellers 9 days to cover their ACTA’s short positions. The short interest to Actua Corporation’s float is 2.95%. About 12,278 shares traded hands. Actua Corp (NASDAQ:ACTA) has risen 46.62% since April 21, 2016 and is uptrending. It has outperformed by 41.30% the S&P500.

Actua Corporation, formerly ICG Group, Inc., is a multi-vertical cloud technology company. The company has a market cap of $552.73 million. The Firm operates through two divisions, which include the vertical cloud segment and the vertical cloud segment. It currently has negative earnings. The Company’s vertical cloud businesses include Bolt Solutions Inc. (Bolt), Folio Dynamics Holdings Inc. (FolioDynamix), GovDelivery Holdings, Inc. (GovDelivery) and VelocityEHS Holdings, Inc. (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively.

ACTA Company Profile

Actua Corporation, formerly ICG Group, Inc., incorporated on February 2, 1999, is a multi-vertical cloud technology company. The Firm operates through two divisions, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company’s vertical cloud businesses include Bolt Solutions Inc. (Bolt), Folio Dynamics Holdings Inc. (FolioDynamix), GovDelivery Holdings, Inc. (GovDelivery) and VelocityEHS Holdings, Inc. (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively. The vertical cloud (venture) businesses include InstaMed Holdings, Inc. (InstaMed) and Parchment Inc. (Parchment), which operate a cloud healthcare payments network and an education credentials technology, respectively.

More notable recent Actua Corp (NASDAQ:ACTA) news were published by: Streetinsider.com which released: “Actua Corp. (ACTA) to Sell GovDelivery in $150M Deal” on September 26, 2016, also Streetinsider.com with their article: “Actua Corp. (ACTA) Plans $80M Modified ‘Dutch Auction’ Tender Offer for Common …” published on November 03, 2016, Bizjournals.com published: “ICG Group Inc. gets new name, brand” on September 03, 2014. More interesting news about Actua Corp (NASDAQ:ACTA) were released by: Streetinsider.com and their article: “Actua Corp. (ACTA) Tops Q3 EPS by 7c” published on November 03, 2016 as well as Investingnews.com‘s news article titled: “5 Top NASDAQ Tech Stocks: Actua Corp. Leads” with publication date: November 07, 2016.

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By Nellie Frank


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