Short Interest To Observe: Does Alphatec Holdings Incorporated (NASDAQ:ATEC) Have Gas After Even More Sellers Involved?

November 24, 2016 - By Richard Conner   ·   0 Comments

Short Interest To Observe: Does Alphatec Holdings Incorporated (NASDAQ:ATEC) Have Gas After Even More Sellers Involved?

The stock of Alphatec Holdings Incorporated (NASDAQ:ATEC) registered an increase of 45.44% in short interest. ATEC’s total short interest was 90,900 shares in November as published by FINRA. Its up 45.44% from 62,500 shares, reported previously. With 70,100 shares average volume, it will take short sellers 1 days to cover their ATEC’s short positions. The short interest to Alphatec Holdings Incorporated’s float is 1.61%. The stock increased 4.28% or $0.22 on November 23, hitting $5.36. About 165,917 shares traded hands or 149.75% up from the average. Alphatec Holdings Inc (NASDAQ:ATEC) has risen 86.11% since April 22, 2016 and is uptrending. It has outperformed by 80.70% the S&P500.

Alphatec Holdings, Inc. is a medical technology company. The company has a market cap of $45.97 million. The Firm through its subsidiary, Alphatec Spine, Inc. and its subsidiaries, designs, develops, makes and markets products for the surgical treatment of spine disorders. It currently has negative earnings. The Company’s product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures.

Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.67, from 0.67 in 2016Q1. The ratio fall, as 8 funds sold all Alphatec Holdings Inc shares owned while 4 reduced positions. 3 funds bought stakes while 5 increased positions. They now own 14.37 million shares or 6.30% less from 15.34 million shares in 2016Q1.
Deutsche Retail Bank Ag owns 1,250 shares or 0% of their US portfolio. Guggenheim Capital Limited Liability Company has 31,101 shares for 0% of their US portfolio. Vanguard Inc has 0% invested in the company for 2.84 million shares. Hightower Advsr Ltd accumulated 0% or 118,375 shares. Mycio Wealth Prns Limited Company reported 1,000 shares or 0% of all its holdings. Deerfield Mngmt Com holds 0.07% or 4.98 million shares in its portfolio. Bancshares Of New York Mellon Corporation last reported 62,457 shares in the company. Pacwest Fin Inc holds 96,775 shares or 0.02% of its portfolio. California Pub Employees Retirement holds 0% of its portfolio in Alphatec Holdings Inc (NASDAQ:ATEC) for 107,400 shares. Spark Investment Mgmt Limited Liability Company has 263,500 shares for 0.01% of their US portfolio. Blackrock Grp Limited owns 137,134 shares or 0% of their US portfolio. Kcg Hldgs Inc holds 0% or 38,437 shares in its portfolio. Goldman Sachs Group Incorporated Inc accumulated 0% or 102,485 shares. 1832 Asset Mgmt Limited Partnership reported 14,000 shares or 0% of all its holdings. Bancorp Of America De, a North Carolina-based fund reported 76,855 shares.

Alphatec Holdings Inc (NASDAQ:ATEC) Ratings Coverage

Out of 2 analysts covering Alphatec Holdings Inc. (NASDAQ:ATEC), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Alphatec Holdings Inc. has been the topic of 3 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was downgraded by Canaccord Genuity to “Hold” on Wednesday, August 5. The rating was downgraded by Northland Capital on Monday, March 14 to “Underperform”. The rating was downgraded by Zacks on Friday, August 7 to “Hold”.

ATEC Company Profile

Alphatec Holdings, Inc., incorporated on March 4, 2005, is a medical technology company. The Firm through its subsidiary, Alphatec Spine, Inc. and its subsidiaries (Alphatec Spine), designs, develops, makes and markets products for the surgical treatment of spine disorders. The Company’s product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures. The Company’s principal product offerings are focused on the global market for fusion spinal disorder solutions. The Company’s products include Cervical and Cervico-Thoracic Products; Thoracolumbar Fixation Products; Spinal Spacers; minimally invasive surgery (MIS) Products, and Biologics.

More recent Alphatec Holdings Inc (NASDAQ:ATEC) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 21, 2009. Also Reuters.com published the news titled: “BRIEF-Alphatec Holdings announces one-for-twelve reverse stock split” on August 24, 2016. Streetinsider.com‘s news article titled: “Form 4 Alphatec Holdings, Inc. For: Nov 15 Filed by: Plunkett Michael Joseph” with publication date: November 18, 2016 was also an interesting one.

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By Richard Conner


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