Today’s Stock On Watch: Bsquare Corporation (NASDAQ:BSQR) Shorted Shares Increased 25.49% After Market Selling

November 28, 2016 - By Louis Casey   ·   0 Comments

Today's Stock On Watch: Bsquare Corporation (NASDAQ:BSQR) Shorted Shares Increased 25.49% After Market Selling

The stock of Bsquare Corporation (NASDAQ:BSQR) registered an increase of 25.49% in short interest. BSQR’s total short interest was 82,700 shares in November as published by FINRA. Its up 25.49% from 65,900 shares, reported previously. With 35,000 shares average volume, it will take short sellers 2 days to cover their BSQR’s short positions. The short interest to Bsquare Corporation’s float is 0.78%. About 487 shares traded hands. BSQUARE Corporation (NASDAQ:BSQR) has declined 8.87% since April 25, 2016 and is downtrending. It has underperformed by 14.89% the S&P500.

BSQUARE Corporation resells software from Microsoft Corporation and provides software solutions and related engineering services to companies that develop smart, connected systems. The company has a market cap of $71.60 million. A smart, connected system is a dedicated purpose computing device that typically has a display, runs an operating system and is connected to a network or data cloud through a wired or wireless connection. It has a 26.68 P/E ratio. The Company’s smart, connected systems include set-top boxes, home gateways, point-of-sale terminals, kiosks, voting machines, gaming platforms, tablets, handheld data collection devices, personal media players, smart phones, smart vending machines, casino gaming machines, digital signs and in-vehicle telematics and entertainment devices.

Insitutional Activity: The institutional sentiment increased to 0.63 in 2016 Q2. Its up 0.34, from 0.29 in 2016Q1. The ratio is positive, as 11 funds sold all BSQUARE Corporation shares owned while 13 reduced positions. 2 funds bought stakes while 5 increased positions. They now own 3.55 million shares or 18.16% less from 4.34 million shares in 2016Q1.
Tfs Capital Limited Liability has 16,963 shares for 0.02% of their US portfolio. Morgan Stanley holds 6,127 shares or 0% of its portfolio. State Of New Jersey Common Pension Fund D holds 0.01% or 230,000 shares in its portfolio. Marathon Cap Management holds 15,000 shares or 0.04% of its portfolio. Tortoise Invest Management Limited Liability Company reported 358 shares or 0% of all its holdings. The California-based Blackrock Institutional Trust Communications Na has invested 0% in BSQUARE Corporation (NASDAQ:BSQR). Moreover, Tower Capital Ltd Liability Company (Trc) has 0% invested in BSQUARE Corporation (NASDAQ:BSQR) for 274 shares. Numeric Investors Limited Company has 27,700 shares for 0% of their US portfolio. National Bank Of New York Mellon Corp has invested 0% of its portfolio in BSQUARE Corporation (NASDAQ:BSQR). Brandywine Invest Lc accumulated 0% or 8,900 shares. The Kansas-based Creative Planning has invested 0% in BSQUARE Corporation (NASDAQ:BSQR). National Bank & Trust Of America Corp De last reported 0% of its portfolio in the stock. Eagle Advsrs Ltd Limited Liability Company last reported 0.01% of its portfolio in the stock. Blackrock Inv Management Ltd Com holds 2,028 shares or 0% of its portfolio. Blackrock Fund Advsrs has 30,059 shares for 0% of their US portfolio.

Insider Transactions: Since June 7, 2016, the stock had 4 insider purchases, and 0 sales for $513,588 net activity. 80,000 shares with value of $400,000 were bought by SAVOY WILLIAM D on Tuesday, November 15. Shares for $30,869 were bought by Chase Jerry D. Harries Andrew Stanley Guy bought 10,000 shares worth $61,234.

BSQR Company Profile

BSQUARE Corporation, incorporated on July 15, 1994, resells software from Microsoft Corporation (Microsoft) and provides software solutions and related engineering services to companies that develop smart, connected systems. A smart, connected system is a dedicated purpose computing device that typically has a display, runs an operating system (Microsoft Windows or Google Android platform) and is connected to a network or data cloud through a wired or wireless connection. The Company’s smart, connected systems include set-top boxes, home gateways, point-of-sale terminals, kiosks, voting machines, gaming platforms, tablets, handheld data collection devices, personal media players, smart phones, smart vending machines, automated teller machines (ATMs), casino gaming machines, digital signs and in-vehicle telematics and entertainment devices. It is focused on smart, connected systems that utilize various Microsoft Windows Embedded and Windows Mobile operating systems, as well as devices running on other operating systems, such as Android, Linux and QNX. The Firm operates in North America, Asia and Europe.

More notable recent BSQUARE Corporation (NASDAQ:BSQR) news were published by: Prnewswire.com which released: “Bsquare Corporation Schedules Third Quarter 2016 Earnings Conference Call” on October 27, 2016, also Prnewswire.com with their article: “Bsquare Reports Third Quarter 2016 Financial Results” published on November 10, 2016, Prnewswire.com published: “Bsquare DataV Selected by Global Smart Grid / Smart City Provider” on November 03, 2016. More interesting news about BSQUARE Corporation (NASDAQ:BSQR) were released by: Seekingalpha.com and their article: “DataV, A Source Of Growth For BSQUARE” published on November 17, 2016 as well as Seekingalpha.com‘s news article titled: “BSQUARE Corporation’s (BSQR) CEO Jerry Chase on Q2 2017 Results – Earnings …” with publication date: August 06, 2016.

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By Louis Casey

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