Short Interest to Follow: Will Circor International Incorporated (NYSE:CIR) Run Out of Steam Soon? Short Interest Is Down

November 29, 2016 - By Louis Casey   ·   0 Comments

Short Interest to Follow: Will Circor International Incorporated (NYSE:CIR) Run Out of Steam Soon? Short Interest Is Down

The stock of Circor International Incorporated (NYSE:CIR) registered a decrease of 6.58% in short interest. CIR’s total short interest was 887,300 shares in November as published by FINRA. Its down 6.58% from 949,800 shares, reported previously. With 118,500 shares average volume, it will take short sellers 8 days to cover their CIR’s short positions. The short interest to Circor International Incorporated’s float is 5.93%. About 40,931 shares traded hands. CIRCOR International, Inc. (NYSE:CIR) has risen 27.64% since April 26, 2016 and is uptrending. It has outperformed by 22.38% the S&P500.

CIRCOR International, Inc. designs, makes and markets engineered products and sub-systems, which are used in the gas and oil, power generation, aerospace, defense and other industrial markets. The company has a market cap of $1000.00 million. The Firm operates through two divisions: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense). It has a 53.02 P/E ratio. The Company’s Energy segment provides engineered integrated flow control solutions, valves and services in the gas and oil, and power generation industries.

Insitutional Activity: The institutional sentiment increased to 1.12 in Q2 2016. Its up 0.19, from 0.93 in 2016Q1. The ratio increased, as 7 funds sold all CIRCOR International, Inc. shares owned while 47 reduced positions. 12 funds bought stakes while 38 increased positions. They now own 14.95 million shares or 8.83% less from 16.40 million shares in 2016Q1.
Moreover, Walleye Trading Lc has 0% invested in CIRCOR International, Inc. (NYSE:CIR) for 300 shares. Parametric Portfolio Assocs Ltd Co holds 0% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 37,191 shares. Texas Permanent School Fund last reported 0.01% of its portfolio in the stock. The California-based First Republic Invest Mgmt has invested 0% in CIRCOR International, Inc. (NYSE:CIR). Price T Rowe Md accumulated 822,500 shares or 0.01% of the stock. Vanguard Grp Inc, a Pennsylvania-based fund reported 1.30M shares. Capstone Asset Mgmt Com holds 5,280 shares or 0.01% of its portfolio. Barclays Pcl has invested 0% of its portfolio in CIRCOR International, Inc. (NYSE:CIR). D E Shaw And, a New York-based fund reported 6,028 shares. Independent Port Consultants owns 180 shares or 0% of their US portfolio. Teton Advisors holds 0.95% of its portfolio in CIRCOR International, Inc. (NYSE:CIR) for 184,900 shares. Credit Suisse Ag holds 0% or 16,853 shares in its portfolio. Blackrock Investment Limited Liability Co owns 75,557 shares or 0.01% of their US portfolio. State Of Tennessee Treasury Department accumulated 0% or 13,083 shares. Louisiana State Employees Retirement System has 0.02% invested in the company for 7,300 shares.

Insider Transactions: Since August 22, 2016, the stock had 0 insider buys, and 4 sales for $318,620 net activity. 762 shares with value of $47,244 were sold by Sharma Arjun on Tuesday, November 22. Another trade for 3,000 shares valued at $183,510 was made by HAYES DOUGLAS M on Monday, August 22. Shares for $18,366 were sold by Andrew Clyde Farnsworth.

CIRCOR International, Inc. (NYSE:CIR) Ratings Coverage

Out of 5 analysts covering CIRCOR International (NYSE:CIR), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. CIRCOR International has been the topic of 9 analyst reports since November 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Stifel Nicolaus given on Monday, October 17. The company was initiated on Tuesday, November 3 by Suntrust Robinson. The stock has “Buy” rating given by Stifel Nicolaus on Monday, May 2. The firm earned “Reduce” rating on Thursday, April 14 by SunTrust. The firm earned “Sector Weight” rating on Tuesday, September 20 by KeyBanc Capital Markets. KeyBanc Capital Markets upgraded the shares of CIR in a report on Monday, October 17 to “Overweight” rating. The rating was downgraded by Seaport Global to “Accumulate” on Wednesday, March 9. As per Tuesday, November 3, the company rating was initiated by SunTrust.

CIR Company Profile

CIRCOR International, Inc. (CIRCOR), incorporated on July 1, 1999, designs, makes and markets engineered products and sub-systems, which are used in the gas and oil, power generation, aerospace, defense and other industrial markets. The Firm operates through two divisions: CIRCOR Energy (Energy), and CIRCOR Aerospace & Defense (Aerospace & Defense). The Firm manages a portfolio of flow control and actuation products, sub-systems and technologies. It operates approximately 20 manufacturing facilities that are located in the United States, Western Europe, Morocco, India and the People’s Republic of China. The Firm sells its products through approximately 700 distributors or representatives and directly to end use customers.

More important recent CIRCOR International, Inc. (NYSE:CIR) news were published by: Businesswire.com which released: “CIRCOR Declares Regular Quarterly Dividend” on October 28, 2016, also Marketwatch.com published article titled: “Circor downgraded to reduce from neutral at SunTrust RH”, Nasdaq.com published: “CIRCOR International, Inc. (CIR) Ex-Dividend Date Scheduled for November 16, 2016” on November 15, 2016. More interesting news about CIRCOR International, Inc. (NYSE:CIR) was released by: Seekingalpha.com and their article: “CIRCOR International, Inc.’s (CIR) CEO Scott Buckhout on Q3 2016 Results …” with publication date: October 29, 2016.

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By Louis Casey


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