Short Interest of The Day: Is Cps Tech Corporation (NASDAQ:CPSH) a Buy? The Stock Reported Less Sellers

November 30, 2016 - By Nellie Frank   ·   0 Comments

Short Interest of The Day: Is Cps Tech Corporation (NASDAQ:CPSH) a Buy? The Stock Reported Less Sellers

The stock of Cps Tech Corporation (NASDAQ:CPSH) registered a decrease of 3.03% in short interest. CPSH’s total short interest was 9,600 shares in November as published by FINRA. Its down 3.03% from 9,900 shares, reported previously. With 5,800 shares average volume, it will take short sellers 2 days to cover their CPSH’s short positions. The short interest to Cps Tech Corporation’s float is 0.12%. CPS Technologies Corporation (NASDAQ:CPSH) has declined 35.32% since April 27, 2016 and is downtrending. It has underperformed by 40.55% the S&P500.

CPS Technologies Corporation provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and gas and oil end markets. The company has a market cap of $17.11 million. The Company’s primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. It has a 401.23 P/E ratio. It designs, makes and sells custom MMC components, which manages the performance and reliability of systems in the end markets.

Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.33, from 0.67 in 2016Q1. The ratio improved, as 2 funds sold all CPS Technologies Corporation shares owned while 1 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 1,989 shares or 43.53% less from 3,522 shares in 2016Q1.
The North Carolina-based Bank & Trust Of America Corp De has invested 0% in CPS Technologies Corporation (NASDAQ:CPSH). Tower Research Limited Liability (Trc) reported 499 shares or 0% of all its holdings. Blackrock Fund Advisors, a California-based fund reported 1,489 shares.

CPSH Company Profile

CPS Technologies Corporation (CPS), incorporated on April 13, 1987, provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and gas and oil end markets. The Company’s primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. It designs, makes and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. It provides lids and heat spreaders used with integrated circuits in Internet switches and routers.

More notable recent CPS Technologies Corporation (NASDAQ:CPSH) news were published by: Globenewswire.com which released: “CPS Technologies Corporation Expands Executive Team” on November 08, 2016, also Globenewswire.com with their article: “CPS Technologies Corporation Appoints Arizona Sales Representative” published on February 17, 2016, Globenewswire.com published: “CPS Technologies Corporation Appoints Global Director of Technical Sales for Armor” on April 12, 2016. More interesting news about CPS Technologies Corporation (NASDAQ:CPSH) were released by: Nasdaq.com and their article: “CPS Technologies Corporation Announces Third Quarter 2016 Results” published on November 02, 2016 as well as Businesswire.com‘s news article titled: “Global Metal Matrix Composites Market Growth of 5.9% CAGR by 2020 – Analysis …” with publication date: January 15, 2016.

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By Nellie Frank


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