Short Interest Coverage: Could Digimarc Corporation (NASDAQ:DMRC) Skyrocket? The Stock Has Too Many Sellers

December 1, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Coverage: Could Digimarc Corporation (NASDAQ:DMRC) Skyrocket? The Stock Has Too Many Sellers

The stock of Digimarc Corporation (NASDAQ:DMRC) registered an increase of 2.34% in short interest. DMRC’s total short interest was 1.32M shares in December as published by FINRA. Its up 2.34% from 1.29M shares, reported previously. With 41,800 shares average volume, it will take short sellers 32 days to cover their DMRC’s short positions. The short interest to Digimarc Corporation’s float is 19.68%. About 28,022 shares traded hands. Digimarc Corp (NASDAQ:DMRC) has risen 1.74% since April 28, 2016 and is uptrending. It has underperformed by 4.19% the S&P500.

Digimarc Corporation enables governments and enterprises to give digital identities to media and objects that computers can sense and recognize. The company has a market cap of $303.27 million. The Company’s Digimarc Discover and Digimarc Barcode Intuitive Computing Platform are designed to optimize the identification of consumer brand impressions, facilitating mobile-centric shopping. It currently has negative earnings. The Firm operates through media management solutions segment.

Insitutional Activity: The institutional sentiment increased to 4.2 in Q2 2016. Its up 2.37, from 1.83 in 2016Q1. The ratio increased, as 6 funds sold all Digimarc Corp shares owned while 12 reduced positions. 6 funds bought stakes while 27 increased positions. They now own 4.77 million shares or 2.41% more from 4.66 million shares in 2016Q1.
Vanguard Group, a Pennsylvania-based fund reported 314,325 shares. Kimelman & Baird Limited last reported 218,938 shares in the company. Blue Clay Management Limited Liability owns 12,224 shares or 0.45% of their US portfolio. Blackrock Advisors Lc accumulated 0% or 3,958 shares. Blackrock, a New York-based fund reported 613 shares. Northern has invested 0% of its portfolio in Digimarc Corp (NASDAQ:DMRC). Baillie Gifford And Company has invested 0.01% of its portfolio in Digimarc Corp (NASDAQ:DMRC). Janney Montgomery Scott Ltd holds 44,975 shares or 0.03% of its portfolio. Rhumbline Advisers holds 9,650 shares or 0% of its portfolio. Blackrock Investment Mngmt owns 32,282 shares or 0% of their US portfolio. Moreover, Schwab Charles Investment Inc has 0% invested in Digimarc Corp (NASDAQ:DMRC) for 17,142 shares. Legal And General Gp Public Limited Company owns 1,256 shares or 0% of their US portfolio. Blackrock Fund Advsr, a California-based fund reported 217,222 shares. Morgan Stanley, a New York-based fund reported 64,636 shares. State Street Corp holds 122,444 shares or 0% of its portfolio.

Digimarc Corp (NASDAQ:DMRC) Ratings Coverage

Out of 4 analysts covering Digimarc (NASDAQ:DMRC), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Digimarc has been the topic of 5 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, July 24 by Imperial Capital. The rating was maintained by Needham with “Buy” on Thursday, November 3. Craig Hallum initiated it with “Buy” rating and $48 target price in Friday, June 17 report. The company was initiated on Friday, September 9 by Needham.

DMRC Company Profile

Digimarc Corporation (Digimarc), incorporated on April 29, 2010, enables governments and enterprises to give digital identities to media and objects that computers can sense and recognize. The Company’s Digimarc Discover and Digimarc Barcode Intuitive Computing Platform are designed to optimize the identification of consumer brand impressions, facilitating mobile-centric shopping. The Firm operates through media management solutions segment. The Company’s platform includes means to embed Digimarc Barcodes, invisible and inaudible barcode-like information that is recognizable by smartphones, industrial scanners, and other computer interfaces into various forms of media content, including consumer product packaging. The Company’s Digimarc Barcodes have various applications, including facilitating scanning of products at retail checkout, as well as improved engagement with smartphone-equipped consumers. The Digimarc Barcode allows automatic identification of media without visible computer codes, such as traditional barcodes.

More news for Digimarc Corp (NASDAQ:DMRC) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on October 20, 2010. Quotes.Wsj.com‘s article titled: “Digimarc Corp. DMRC (US: Nasdaq)” and published on February 11, 2011 is yet another important article.

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 Clifton Ray


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

>