Short Interest Coverage: How Analysts Feel About Bel Fuse Incorporated Class B (NASDAQ:BELFB) After Increase in Sellers?

November 25, 2016 - By Louis Casey   ·   0 Comments

Short Interest Coverage: How Analysts Feel About Bel Fuse Incorporated Class B (NASDAQ:BELFB) After Increase in Sellers?

The stock of Bel Fuse Incorporated Class B (NASDAQ:BELFB) registered an increase of 11.68% in short interest. BELFB’s total short interest was 207,500 shares in November as published by FINRA. Its up 11.68% from 185,800 shares, reported previously. With 32,800 shares average volume, it will take short sellers 6 days to cover their BELFB’s short positions. The short interest to Bel Fuse Incorporated Class B’s float is 1.91%. About 12,414 shares traded hands. Bel Fuse, Inc. (NASDAQ:BELFB) has risen 81.98% since April 22, 2016 and is uptrending. It has outperformed by 76.57% the S&P500.

Bel Fuse Inc. designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The company has a market cap of $353.29 million. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. It currently has negative earnings. The Company’s operating divisions are North America, Asia and Europe.

Insitutional Activity: The institutional sentiment increased to 1.75 in Q2 2016. Its up 0.69, from 1.06 in 2016Q1. The ratio is positive, as 7 funds sold all Bel Fuse, Inc. shares owned while 28 reduced positions. 8 funds bought stakes while 29 increased positions. They now own 6.12 million shares or 0.80% more from 6.07 million shares in 2016Q1.
Lsv Asset reported 391,294 shares or 0.01% of all its holdings. Spark Mngmt Ltd owns 29,900 shares or 0.05% of their US portfolio. Blackrock Inc, a New York-based fund reported 2,638 shares. Strs Ohio has invested 0% of its portfolio in Bel Fuse, Inc. (NASDAQ:BELFB). Martingale Asset Lp has 0% invested in the company for 14,607 shares. The Kansas-based Creative Planning has invested 0% in Bel Fuse, Inc. (NASDAQ:BELFB). Nationwide Fund Advisors accumulated 0% or 22,199 shares. Blackrock Advsr Lc has 0% invested in the company for 5,214 shares. Barclays Public Ltd reported 49 shares or 0% of all its holdings. Blackrock Fund Advsrs accumulated 0% or 608,791 shares. Axa last reported 15,800 shares in the company. First Quadrant Lp Ca last reported 5,300 shares in the company. Moreover, Wall Street Assocs has 0.65% invested in Bel Fuse, Inc. (NASDAQ:BELFB) for 90,909 shares. California State Teachers Retirement accumulated 19,414 shares or 0% of the stock. The Georgia-based Asset Management Of Georgia Ga Adv has invested 0.18% in Bel Fuse, Inc. (NASDAQ:BELFB).

Insider Transactions: Since November 7, 2016, the stock had 0 buys, and 2 sales for $140,523 net activity. ACKERMAN DENNIS had sold 2,500 shares worth $63,833. Shares for $76,690 were sold by BERNSTEIN DANIEL on Monday, November 7.

BELFB Company Profile

Bel Fuse Inc. (Bel), incorporated on May 20, 1905, designs, makes and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating divisions are North America, Asia and Europe. The Firm markets magnetic solutions under the brand names, including Bel, TRP, MagJack and Signal. The Firm markets power solutions and protection under the brand names, which include Bel Power Solutions, Power-One and Melcher. The Firm markets connectivity solutions under the brand names Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex and Stewart Connector. The Company’s products are used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries. Bel’s portfolio of products has application in the automotive, medical and consumer electronics markets.

Another recent and important Bel Fuse, Inc. (NASDAQ:BELFB) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011.

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By Louis Casey


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