Short Interest Buzzer: Could Cubic Corporation (NYSE:CUB) Skyrocket? The Stock Has Too Many Sellers

November 30, 2016 - By kentuckypostne   ·   0 Comments

Short Interest Buzzer: Could Cubic Corporation (NYSE:CUB) Skyrocket? The Stock Has Too Many Sellers

The stock of Cubic Corporation (NYSE:CUB) registered an increase of 5.77% in short interest. CUB’s total short interest was 1.46 million shares in November as published by FINRA. Its up 5.77% from 1.38M shares, reported previously. With 150,600 shares average volume, it will take short sellers 10 days to cover their CUB’s short positions. The short interest to Cubic Corporation’s float is 6.43%. About 36,956 shares traded hands. Cubic Corporation (NYSE:CUB) has risen 7.71% since April 27, 2016 and is uptrending. It has outperformed by 2.48% the S&P500.

Cubic Corporation is an international well-known provider of systems and solutions that address the mass transit and global defense markets. The company has a market cap of $1.26 billion. The Firm operates through three divisions across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems) and Cubic Global Defense Services (CGD Services). It has a 728.66 P/E ratio. The Company’s CTS segment is a systems integrator of payment and information technology and services for intelligent travel solutions.

Insitutional Activity: The institutional sentiment increased to 1.41 in 2016 Q2. Its up 0.22, from 1.19 in 2016Q1. The ratio is positive, as 10 funds sold all Cubic Corporation shares owned while 47 reduced positions. 15 funds bought stakes while 53 increased positions. They now own 23.68 million shares or 0.14% more from 23.65 million shares in 2016Q1.
Tygh Management owns 42,743 shares or 0.48% of their US portfolio. Value Holdg Lp owns 100,051 shares or 2.58% of their US portfolio. Cna Financial Corp holds 0.31% or 31,350 shares in its portfolio. Suntrust Banks has invested 0.01% of its portfolio in Cubic Corporation (NYSE:CUB). Boston Prns reported 632,024 shares or 0.04% of all its holdings. Principal Fincl Grp Inc accumulated 153,764 shares or 0.01% of the stock. Wellington Mgmt Limited Liability Partnership has 0.02% invested in the company for 2.18 million shares. State Board Of Administration Of Florida Retirement Systems holds 15,012 shares or 0% of its portfolio. Parametric Portfolio Associates Ltd Company has invested 0% of its portfolio in Cubic Corporation (NYSE:CUB). Citadel Ltd Co, a Illinois-based fund reported 32,160 shares. Fincl Bank Of America De holds 97,144 shares or 0% of its portfolio. Rodgers Brothers Inc holds 0.5% or 29,950 shares in its portfolio. Advisory Lc holds 0% or 91 shares in its portfolio. The New York-based Citigroup has invested 0% in Cubic Corporation (NYSE:CUB). Intrepid Capital accumulated 4.69% or 295,182 shares.

Insider Transactions: Since August 19, 2016, the stock had 1 insider purchase, and 0 selling transactions for $9,520 net activity. The insider Hamby Janice M. bought $9,520.

Cubic Corporation (NYSE:CUB) Ratings Coverage

Out of 5 analysts covering Cubic Corporation (NYSE:CUB), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Cubic Corporation has been the topic of 6 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by BB&T Capital on Tuesday, October 20. Canaccord Genuity initiated the shares of CUB in a report on Wednesday, June 8 with “Buy” rating. The stock of Cubic Corporation (NYSE:CUB) earned “Outperform” rating by Credit Suisse on Thursday, September 17. The stock has “Buy” rating given by Benchmark on Wednesday, November 25. The rating was maintained by Needham on Friday, October 14 with “Buy”.

CUB Company Profile

Cubic Corporation (Cubic), incorporated on December 13, 1984, is an international well-known provider of systems and solutions that address the mass transit and global defense markets. The Firm operates through three divisions across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems) and Cubic Global Defense Services (CGD Services). The Firm operates in approximately five continents and in over 30 countries.

More recent Cubic Corporation (NYSE:CUB) news were published by: Streetinsider.com which released: “Cubic Corp. (CUB) Announces Completion of Vocality Acquisition” on November 30, 2016. Also Seekingalpha.com published the news titled: “Cubic Corporation’s (CUB) CEO Brad Feldmann on Q4 2016 Results – Earnings Call …” on November 21, 2016. Seekingalpha.com‘s news article titled: “Have You Heard Of Cubic Corporation?” with publication date: October 18, 2016 was also an interesting one.

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