Today’s Stock On Watch: Cutera Incorporated (NASDAQ:CUTR) Could Improve Your Long Portfolio After Less Shorts Reported

November 30, 2016 - By Clifton Ray   ·   0 Comments

Today's Stock On Watch: Cutera Incorporated (NASDAQ:CUTR) Could Improve Your Long Portfolio After Less Shorts Reported

The stock of Cutera Incorporated (NASDAQ:CUTR) registered a decrease of 10.45% in short interest. CUTR’s total short interest was 178,300 shares in November as published by FINRA. Its down 10.45% from 199,100 shares, reported previously. With 39,100 shares average volume, it will take short sellers 5 days to cover their CUTR’s short positions. The short interest to Cutera Incorporated’s float is 1.7%. About 48,655 shares traded hands. Cutera, Inc. (NASDAQ:CUTR) has risen 40.60% since April 27, 2016 and is uptrending. It has outperformed by 35.37% the S&P500.

Cutera, Inc. is a medical device company. The company has a market cap of $223.87 million. The Firm is engaged in the design, development, manufacture, marketing and servicing of laser and other energy aesthetics systems for practitioners across the world. It has a 583.54 P/E ratio. The Firm offers products based on product platforms, such as enlighten, excel HR, truSculpt, excel V and xeo, each of which enables physicians and other practitioners to perform aesthetic procedures for customers.

Insitutional Activity: The institutional sentiment increased to 1.5 in 2016 Q2. Its up 0.15, from 1.35 in 2016Q1. The ratio improved, as 5 funds sold all Cutera, Inc. shares owned while 21 reduced positions. 10 funds bought stakes while 25 increased positions. They now own 8.57 million shares or 2.67% less from 8.81 million shares in 2016Q1.
Panagora Asset Incorporated last reported 0% of its portfolio in the stock. Gmt Corporation holds 0.01% of its portfolio in Cutera, Inc. (NASDAQ:CUTR) for 33,600 shares. Palisade Cap Ltd Liability Nj has invested 0.05% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). United Services Automobile Association has invested 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Morgan Stanley has 20,994 shares for 0% of their US portfolio. Gsa Capital Ptnrs Llp has 49,200 shares for 0.03% of their US portfolio. Blackrock Incorporated reported 7,989 shares or 0% of all its holdings. Goldman Sachs Grp Inc Inc holds 0% or 33,729 shares in its portfolio. Citigroup Incorporated last reported 0% of its portfolio in the stock. Renaissance Technology Ltd Com last reported 0.02% of its portfolio in the stock. Int Group Incorporated has 0% invested in the company for 6,755 shares. Moreover, Federated Invsts Inc Pa has 0% invested in Cutera, Inc. (NASDAQ:CUTR) for 5,158 shares. Wells Fargo And Mn has invested 0% of its portfolio in Cutera, Inc. (NASDAQ:CUTR). Vanguard Incorporated, a Pennsylvania-based fund reported 555,088 shares. Tower Research Capital (Trc) holds 589 shares or 0% of its portfolio.

Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 3 insider sales for $1.13 million net activity. Shares for $222,235 were sold by CONNORS KEVIN P. 53,346 Cutera, Inc. (NASDAQ:CUTR) shares with value of $749,572 were sold by SANTILLI RONALD J.

CUTR Company Profile

Cutera, Inc., incorporated on August 10, 1998, is a medical device company. The Firm is engaged in the design, development, manufacture, marketing and servicing of laser and other energy aesthetics systems for practitioners across the world. The Firm offers products based on product platforms, such as enlighten, excel HR, truSculpt, excel V and xeo, each of which enables physicians and other practitioners to perform aesthetic procedures for customers. Each of its laser and other energy platforms consists of one or more hand pieces and a console that incorporates a universal graphical user interface, a laser or other energy module, control system software and high voltage electronics.

Another recent and important Cutera, Inc. (NASDAQ:CUTR) news was published by Seekingalpha.com which published an article titled: “Cutera Still Looks Cheap – But Still Has Questions” on September 08, 2016.

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By Clifton Ray


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