Short Interest Change: Will Cui Global Incorporated (NASDAQ:CUI) Run Out of Steam Soon? Short Interest Is Down

November 30, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Change: Will Cui Global Incorporated (NASDAQ:CUI) Run Out of Steam Soon? Short Interest Is Down

The stock of Cui Global Incorporated (NASDAQ:CUI) registered a decrease of 1.62% in short interest. CUI’s total short interest was 1.50M shares in November as published by FINRA. Its down 1.62% from 1.53 million shares, reported previously. With 47,200 shares average volume, it will take short sellers 32 days to cover their CUI’s short positions. The short interest to Cui Global Incorporated’s float is 7.26%. About 13,149 shares traded hands. CUI Global Inc (NASDAQ:CUI) has declined 24.88% since April 27, 2016 and is downtrending. It has underperformed by 30.10% the S&P500.

CUI Global, Inc. is a platform company. The company has a market cap of $126.96 million. The Company’s divisions include Power and Electromechanical, Energy and Other. It currently has negative earnings. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc. , CUI Japan and CUI-Canada, Inc., which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).

Insitutional Activity: The institutional sentiment increased to 1.44 in Q2 2016. Its up 0.72, from 0.72 in 2016Q1. The ratio improved, as 16 funds sold all CUI Global Inc shares owned while 13 reduced positions. 7 funds bought stakes while 14 increased positions. They now own 11.71 million shares or 2.54% less from 12.02 million shares in 2016Q1.
Wells Fargo & Mn has invested 0% of its portfolio in CUI Global Inc (NASDAQ:CUI). White Pine Ltd has invested 0.69% of its portfolio in CUI Global Inc (NASDAQ:CUI). Da Davidson And Communications holds 0% of its portfolio in CUI Global Inc (NASDAQ:CUI) for 23,212 shares. Blackrock Fund Advsrs holds 50,518 shares or 0% of its portfolio. Deutsche Savings Bank Ag has invested 0% of its portfolio in CUI Global Inc (NASDAQ:CUI). Us Bancshares De, a Minnesota-based fund reported 1,000 shares. First Wilshire Secs Management Incorporated holds 0.92% or 567,025 shares in its portfolio. Bancorporation Of America De accumulated 16 shares or 0% of the stock. First Eagle Inv Ltd Liability Corp last reported 0.03% of its portfolio in the stock. Blackrock Investment Management Ltd Liability Corp has invested 0% of its portfolio in CUI Global Inc (NASDAQ:CUI). Bancorporation Of New York Mellon Corporation last reported 24,821 shares in the company. Croft holds 0.08% of its portfolio in CUI Global Inc (NASDAQ:CUI) for 74,400 shares. Tocqueville Asset Mngmt L P owns 17,221 shares or 0% of their US portfolio. Northern Tru holds 33,031 shares or 0% of its portfolio. Marathon Mgmt accumulated 1.32 million shares or 3.43% of the stock.

Insider Transactions: Since May 31, 2016, the stock had 2 buys, and 0 sales for $23,890 net activity. $2,930 worth of CUI Global Inc (NASDAQ:CUI) was bought by FORD DANIEL NED. $5,700 worth of CUI Global Inc (NASDAQ:CUI) was bought by CLOUGH WILLIAM J on Wednesday, June 1.

CUI Global Inc (NASDAQ:CUI) Ratings Coverage

Out of 2 analysts covering CUI Global (NASDAQ:CUI), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. CUI Global has been the topic of 3 analyst reports since December 23, 2015 according to StockzIntelligence Inc. Rodman & Renshaw initiated CUI Global Inc (NASDAQ:CUI) on Wednesday, December 23 with “Buy” rating. Dougherty & Company maintained the shares of CUI in a report on Wednesday, May 11 with “Buy” rating. The rating was maintained by Dougherty & Company with “Buy” on Friday, November 11.

CUI Company Profile

CUI Global, Inc., incorporated on April 21, 1998, is a platform company. The Company’s divisions include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc. (CUI), CUI Japan and CUI-Canada, Inc., which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs). The Company’s Energy segment includes its subsidiaries, Orbital Gas Systems Limited (Orbital) and the Orbital Gas Systems, North America, Inc., which consist of gas related test and measurement systems, including the GasPT. The Other segment includes the remaining activities, primarily corporate activity.

More recent CUI Global Inc (NASDAQ:CUI) news were published by: Prnewswire.com which released: “CUI Global to Participate In Two Upcoming Investor Conferences” on November 07, 2016. Also Prnewswire.com published the news titled: “CUI Global Announces Award of $40.0 Million, 5-Year Framework Agreement with …” on October 03, 2016. Seekingalpha.com‘s news article titled: “CUI Global, Inc.: A 30% Grower Trading At 5X 2017 PE Following …” with publication date: February 19, 2016 was also an interesting one.

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By Ellis Scott


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