Short Interest To Observe: What’s Cae Incorporated (NYSE:CAE) Upside After This Short Interest Decrease?

November 28, 2016 - By Ellis Scott   ·   0 Comments

Short Interest To Observe: What's Cae Incorporated (NYSE:CAE) Upside After This Short Interest Decrease?

The stock of Cae Incorporated (NYSE:CAE) registered a decrease of 8.64% in short interest. CAE’s total short interest was 342,800 shares in November as published by FINRA. Its down 8.64% from 375,200 shares, reported previously. With 55,100 shares average volume, it will take short sellers 6 days to cover their CAE’s short positions. The short interest to Cae Incorporated’s float is 0.13%. About 33,491 shares traded hands. Cae Inc (USA) (NYSE:CAE) has risen 24.40% since April 25, 2016 and is uptrending. It has outperformed by 18.39% the S&P500.

CAE Inc. provides training for the civil aviation, defense and security, and healthcare markets. The company has a market cap of $3.93 billion. The Firm creates and integrates training solutions. It has a 22.85 P/E ratio. It operates through three divisions: Civil Aviation Training Solutions, Defense and Security, and Healthcare.

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.53, from 1.53 in 2016Q1. The ratio fall, as 7 funds sold all Cae Inc (USA) shares owned while 36 reduced positions. 13 funds bought stakes while 53 increased positions. They now own 144.39 million shares or 6.23% less from 153.98 million shares in 2016Q1.
Sumitomo Mitsui Tru Hldg holds 0.01% or 721,698 shares in its portfolio. Research Glob, a California-based fund reported 12.32 million shares. Guggenheim Cap Limited reported 146,600 shares or 0.01% of all its holdings. The New York-based Rothschild Asset has invested 0.05% in Cae Inc (USA) (NYSE:CAE). Advsrs Asset Mgmt Inc has invested 0.01% of its portfolio in Cae Inc (USA) (NYSE:CAE). Mackenzie Fincl, a Ontario – Canada-based fund reported 6.24 million shares. Mondrian Inv Partners Limited holds 6.01% or 16.28 million shares in its portfolio. Ladenburg Thalmann Financial holds 2,503 shares or 0% of its portfolio. Credit Agricole S A, a France-based fund reported 170,704 shares. Renaissance Tech Ltd accumulated 0.02% or 1.05 million shares. Jane Street Grp Limited Liability Company last reported 60,556 shares in the company. Manufacturers Life Ins The owns 2.54M shares or 0.05% of their US portfolio. Fmr Ltd Liability holds 3.80M shares or 0.01% of its portfolio. Underhill Inv Management Lc owns 24,000 shares or 0.16% of their US portfolio. Bancshares Of America Corporation De accumulated 786,730 shares or 0% of the stock.

Cae Inc (USA) (NYSE:CAE) Ratings Coverage

Out of 8 analysts covering CAE Inc. (NYSE:CAE), 4 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 50% are positive. CAE Inc. has been the topic of 14 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The rating was downgraded by Zacks to “Sell” on Tuesday, September 22. The firm has “Buy” rating given on Thursday, August 13 by Desjardins Securities. BMO Capital Markets upgraded Cae Inc (USA) (NYSE:CAE) on Friday, February 12 to “Outperform” rating. The stock of Cae Inc (USA) (NYSE:CAE) has “Outperform” rating given on Monday, January 4 by IBC. The rating was downgraded by Zacks on Tuesday, September 1 to “Hold”. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Friday, November 11 report. Zacks upgraded Cae Inc (USA) (NYSE:CAE) on Friday, August 14 to “Sell” rating. The firm earned “Market Perform” rating on Friday, May 20 by BMO Capital Markets. The stock has “Outperform” rating given by Macquarie Research on Friday, May 27. On Wednesday, August 26 the stock rating was downgraded by Zacks to “Hold”.

More recent Cae Inc (USA) (NYSE:CAE) news were published by: Fool.ca which released: “Is CAE Inc. the Top Aerospace Stock to Buy Today?” on May 28, 2015. Also Fool.ca published the news titled: “3 Reasons to Sell Bombardier Inc. and Buy CAE Inc.” on February 24, 2015. Marketwatch.com‘s news article titled: “/quotes/zigman/3870025/realtime” with publication date: February 11, 2011 was also an interesting one.

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By Ellis Scott


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