Follow The Short Interest: After Reaching Milestone, Is Concurrent Computer Corporation (NASDAQ:CCUR)’s Short Interest Revealing Something?

November 29, 2016 - By kentuckypostne   ·   0 Comments

Follow The Short Interest: After Reaching Milestone, Is Concurrent Computer Corporation (NASDAQ:CCUR)’s Short Interest Revealing Something?

The stock of Concurrent Computer Corporation (NASDAQ:CCUR) registered an increase of 2.06% in short interest. CCUR’s total short interest was 69,200 shares in November as published by FINRA. Its up 2.06% from 67,800 shares, reported previously. With 55,400 shares average volume, it will take short sellers 1 days to cover their CCUR’s short positions. The short interest to Concurrent Computer Corporation’s float is 1.07%. The stock decreased 0.73% or $0.04 on November 28, hitting $5.47. Concurrent Computer Corp (NASDAQ:CCUR) has declined 15.19% since April 26, 2016 and is downtrending. It has underperformed by 20.45% the S&P500.

Concurrent Computer Corporation is a software and solutions firm that develops applications on a foundation of high performance Linux and storage technologies. The company has a market cap of $54.08 million. The Company’s business is composed of two divisions: services and products. It currently has negative earnings. The Company’s content delivery solutions consist of software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network.

Insitutional Activity: The institutional sentiment decreased to 0.57 in 2016 Q2. Its down 2.03, from 2.6 in 2016Q1. The ratio dropped, as 0 funds sold all Concurrent Computer Corp shares owned while 5 reduced positions. 5 funds bought stakes while 8 increased positions. They now own 3.93 million shares or 1.95% more from 3.85 million shares in 2016Q1.
Perritt Cap Management, a Illinois-based fund reported 81,000 shares. Blackrock Investment Mgmt Ltd Com, a New Jersey-based fund reported 1,547 shares. Parallax Volatility Advisers Lp holds 45,934 shares or 0% of its portfolio. Geode Mgmt Llc last reported 44,148 shares in the company. Moreover, Morgan Stanley has 0% invested in Concurrent Computer Corp (NASDAQ:CCUR) for 500 shares. Bridgeway Capital Management holds 0.01% of its portfolio in Concurrent Computer Corp (NASDAQ:CCUR) for 152,202 shares. Dimensional Fund Advsrs Ltd Partnership last reported 640,632 shares in the company. Vanguard Group Inc Inc Inc holds 471,164 shares or 0% of its portfolio. Moreover, Creative Planning has 0% invested in Concurrent Computer Corp (NASDAQ:CCUR) for 400 shares. Bartlett & Co Llc holds 0% or 55 shares in its portfolio. The Massachusetts-based Wellington Management Group Llp has invested 0% in Concurrent Computer Corp (NASDAQ:CCUR). Group One Trading Ltd Partnership reported 1,704 shares or 0% of all its holdings. National Bank Of America Corporation De has 0% invested in the company for 63 shares. Blackrock Advsr Limited Com has 0% invested in the company for 3,805 shares. Brandywine Glob Investment Lc holds 0% or 38,700 shares in its portfolio.

CCUR Company Profile

Concurrent Computer Corporation, incorporated on August 3, 1981, is a global software and solutions firm that develops applications on a foundation of high performance Linux and storage technologies. The Company’s business is composed of two divisions: services and products. The Company’s content delivery solutions consist of software, hardware and services for streaming video content to various consumer devices, and storing and managing content in the network. The Company’s streaming video and storage services and products are deployed by service providers to support consumer-facing video applications, including live broadcast video, video-on-demand (VOD) and time-shifted video services, such as cloud digital video recording (cDVR). The Company’s multi-workload, scale-out storage products are suited for a range of enterprise information technology (IT) and video applications. The Company’s real-time solutions consist of real-time Linux operating system versions, development and performance optimization tools, simulation software and other system software combined, in many cases, with computer platforms and services. These real-time products are sold to various companies seeking real-time computer solutions in the defense, aerospace, financial and automotive markets around the world.

More recent Concurrent Computer Corp (NASDAQ:CCUR) news were published by: Quotes.Wsj.com which released: “News Concurrent Computer Corp.CCUR” on February 12, 2011. Also Globenewswire.com published the news titled: “JDS1 – Concurrent Computer Corporation’s Largest Shareholder – Sends Open …” on May 25, 2016. Prnewswire.com‘s news article titled: “Concurrent Announces Review of Strategic Alternatives and Adopts Tax Asset …” with publication date: March 01, 2016 was also an interesting one.

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