Short Interest To Observe: After Reaching Milestone, Is CH Robinson Worldwide Incorporated (NASDAQ:CHRW)’s Short Interest Revealing Something?

November 29, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest To Observe: After Reaching Milestone, Is CH Robinson Worldwide Incorporated (NASDAQ:CHRW)’s Short Interest Revealing Something?

The stock of CH Robinson Worldwide Incorporated (NASDAQ:CHRW) registered an increase of 3.51% in short interest. CHRW’s total short interest was 12.85 million shares in November as published by FINRA. Its up 3.51% from 12.42 million shares, reported previously. With 1.99M shares average volume, it will take short sellers 7 days to cover their CHRW’s short positions. The short interest to CH Robinson Worldwide Incorporated’s float is 9.04%. About 302,723 shares traded hands. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has declined 1.98% since April 26, 2016 and is downtrending. It has underperformed by 7.24% the S&P500.

C.H. Robinson Worldwide, Inc. is a third-party logistics company. The company has a market cap of $10.60 billion. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. It has a 20.79 P/E ratio. C.H.

Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.08, from 1.16 in 2016Q1. The ratio worsened, as 49 funds sold all C.H. Robinson Worldwide, Inc. shares owned while 144 reduced positions. 41 funds bought stakes while 182 increased positions. They now own 115.50 million shares or 1.00% less from 116.67 million shares in 2016Q1.
Point72 Asia (Hong Kong) Ltd holds 100 shares or 0.01% of its portfolio. Hsbc Holdg Public Ltd has 0.1% invested in the company for 501,045 shares. Pggm Invests holds 114,918 shares or 0.04% of its portfolio. Parametric Risk Advisors Limited Liability Corporation reported 63,082 shares or 0.31% of all its holdings. Schwab Charles Invest Mngmt owns 600,493 shares or 0.06% of their US portfolio. The Pennsylvania-based Glenmede Trust Company Na has invested 0.02% in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). British Columbia has 90,430 shares for 0.06% of their US portfolio. Johnson Financial Group Inc Inc has 0.01% invested in the company for 844 shares. Clarivest Asset Ltd Liability Corporation, a California-based fund reported 388,099 shares. Mountain Pacific Invest Advisers Incorporated Id owns 10,000 shares or 0.09% of their US portfolio. Cap Counsel Limited Liability Company has invested 0.44% of its portfolio in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). Moreover, Rodgers Brothers Incorporated has 0.26% invested in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) for 8,495 shares. Cipher Lp, a New York-based fund reported 4,188 shares. Teachers Retirement System Of The State Of Kentucky reported 47,072 shares or 0.05% of all its holdings. Global X Mgmt Company Lc has 0.01% invested in the company for 3,175 shares.

Insider Transactions: Since November 1, 2016, the stock had 0 insider buys, and 3 insider sales for $556,502 net activity. $42,780 worth of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) shares were sold by Biesterfeld Robert C Jr. Shares for $148,371 were sold by Freeman Angela K. on Tuesday, November 1. LEMKE JAMES sold $365,351 worth of stock.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) Ratings Coverage

Out of 17 analysts covering C.H. Robinson Worldwide (NASDAQ:CHRW), 5 rate it a “Buy”, 4 “Sell”, while 8 “Hold”. This means 29% are positive. C.H. Robinson Worldwide has been the topic of 39 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Buy” rating given on Thursday, August 20 by Zacks. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Outperform” rating given on Thursday, February 4 by Raymond James. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Outperform” rating given on Wednesday, September 2 by Wolfe Research. Barclays Capital maintained the shares of CHRW in a report on Wednesday, July 27 with “Overweight” rating. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Neutral” rating by Susquehanna on Thursday, October 29. The company was maintained on Thursday, October 29 by Cowen & Co. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has “Buy” rating given on Thursday, February 11 by Buckingham Research. The rating was upgraded by Zacks to “Hold” on Wednesday, August 26. The stock of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 22. The rating was downgraded by BB&T Capital to “Hold” on Wednesday, April 27.

CHRW Company Profile

C.H. Robinson Worldwide, Inc. (C.H. Robinson), incorporated on August 11, 1997, is a third-party logistics company. The Firm provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments and worked with over 110,000 active customers. It operates through a network of offices in North America, Europe, Asia and South America. The Firm also has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. In addition to transportation, the Company provides sourcing services (Sourcing) through Robinson Fresh (Robinson Fresh). It also arranges the logistics and transportation of the products it sells and provides related supply chain services, such as replenishment, category management and managed procurement services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marguerite Chambers

Tags: , ,


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>