Short Interest Filing: Cypress Semiconductor Corporation (NASDAQ:CY) Sellers Covered 2.17% of Their Shorts

November 29, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest Filing: Cypress Semiconductor Corporation (NASDAQ:CY) Sellers Covered 2.17% of Their Shorts

The stock of Cypress Semiconductor Corporation (NASDAQ:CY) registered a decrease of 2.17% in short interest. CY’s total short interest was 36.14 million shares in November as published by FINRA. Its down 2.17% from 36.94M shares, reported previously. With 5.34 million shares average volume, it will take short sellers 7 days to cover their CY’s short positions. The short interest to Cypress Semiconductor Corporation’s float is 11.77%. The stock closed at $11.2 during the last session. It is down 25.98% since April 26, 2016 and is uptrending. It has outperformed by 20.72% the S&P500.

Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices. The company has a market cap of $3.59 billion. The Company’s divisions include Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. It currently has negative earnings. The Programmable Solutions Division creates and develops solutions for end-product manufacturers.

Insitutional Activity: The institutional sentiment increased to 1.38 in Q2 2016. Its up 0.13, from 1.25 in 2016Q1. The ratio is positive, as 35 funds sold all Cypress Semiconductor Corporation shares owned while 81 reduced positions. 55 funds bought stakes while 90 increased positions. They now own 313.10 million shares or 2.21% more from 306.32 million shares in 2016Q1.
Carl Domino last reported 150,270 shares in the company. Driehaus Ltd last reported 0.01% of its portfolio in the stock. Profit Invest Management Ltd Company holds 155,096 shares or 1.32% of its portfolio. Tiaa Cref Inv Ltd Liability Co holds 0.01% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY) for 1.61M shares. Brandywine Mngmt Lc has invested 0% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). Royal National Bank & Trust Of Canada reported 474,911 shares or 0% of all its holdings. Ironbridge Cap Management L P holds 0.54% or 1.17 million shares in its portfolio. Cap Research Glob holds 0.03% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY) for 7.80 million shares. Jefferies Group Lc owns 310,430 shares or 0.01% of their US portfolio. Caisse De Depot Et Placement Du Quebec has 0.01% invested in the company for 375,000 shares. Gray Finance Ga Adv Adv, a Georgia-based fund reported 23,119 shares. Visium Asset Ltd Partnership has 240,912 shares for 0.18% of their US portfolio. Diam holds 153,813 shares or 0.02% of its portfolio. The Colorado-based Advsrs Asset Management has invested 0.44% in Cypress Semiconductor Corporation (NASDAQ:CY). Kanaly Trust, a Texas-based fund reported 32 shares.

Insider Transactions: Since June 1, 2016, the stock had 0 insider purchases, and 7 selling transactions for $1.57 million net activity. $174,704 worth of Cypress Semiconductor Corporation (NASDAQ:CY) shares were sold by BINGHAM H RAYMOND. Thad Trent had sold 11,390 shares worth $134,764. The insider BENHAMOU ERIC sold 50,000 shares worth $591,485.

Cypress Semiconductor Corporation (NASDAQ:CY) Ratings Coverage

Out of 14 analysts covering Cypress Semiconductor Corporation (NASDAQ:CY), 7 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 50% are positive. Cypress Semiconductor Corporation has been the topic of 32 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Craig Hallum maintained Cypress Semiconductor Corporation (NASDAQ:CY) on Friday, July 29 with “Buy” rating. The firm has “Buy” rating given on Friday, October 9 by Topeka Capital Markets. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) earned “Buy” rating by Needham on Friday, October 23. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has “Buy” rating given on Friday, April 29 by Craig Hallum. The firm has “Buy” rating given on Friday, October 23 by Mizuho. The rating was initiated by SunTrust with “Neutral” on Thursday, January 14. Sterne Agee CRT downgraded Cypress Semiconductor Corporation (NASDAQ:CY) on Friday, January 29 to “Neutral” rating. The firm has “Buy” rating given on Thursday, September 1 by Roth Capital. Barclays Capital downgraded Cypress Semiconductor Corporation (NASDAQ:CY) rating on Tuesday, October 18. Barclays Capital has “Equal Weight” rating and $11 price target. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has “Neutral” rating given on Thursday, January 14 by Suntrust Robinson.

CY Company Profile

Cypress Semiconductor Corporation, incorporated on September 26, 1986, delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices. The Firm operates through four divisions: Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Company’s product portfolio includes NOR flash memories, Static random access memory (SRAM) and ferroelectric-RAMs (F-RAM), Traveo microcontrollers, the industry’s programmable system-on-chip (PSoC) solutions, analog and Power Management integrated circuits (PMICs), CapSense capacitive touch-sensing controllers, and Wireless Bluetooth Low-Energy (BLE) and universal serial bus (USB) connectivity solutions. It serves various markets, including automotive, industrial, communications, consumer, computation, data communications, mobile handsets and military.

More news for Cypress Semiconductor Corporation (NASDAQ:CY) were recently published by: Fool.com, which released: “Why Cypress Semiconductor Corp. Fell 18% in October” on November 10, 2016. Prnewswire.com‘s article titled: “Cypress to Address Two Upcoming Investor Conferences” and published on November 21, 2016 is yet another important article.

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By Adrian Mccoy


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