Could Casualty Medical Systems Incorporated (NASDAQ:CASM) Go Up After Its Newest Short Interest Report?

September 17, 2017 - By Louis Casey

 Could Casualty Medical Systems Incorporated (NASDAQ:CASM) Go Up After Its Newest Short Interest Report?

Investors sentiment increased to 1.6 in 2016 Q4. Its up 1.04, from 0.56 in 2016Q3. It is positive, as 2 investors sold CAS Medical Systems Inc shares while 3 reduced holdings. 4 funds opened positions while 4 raised stakes. 8.61 million shares or 2.79% less from 8.85 million shares in 2016Q3 were reported.
1492 Capital Ltd Liability Corporation holds 48,401 shares. Vanguard Group invested 0% in CAS Medical Systems Inc (NASDAQ:CASM). Blackrock Fund Advsr stated it has 99,872 shares. Acuta Cap Ltd Llc, a California-based fund reported 4.18M shares. Td Capital Ltd Liability has invested 0.01% in CAS Medical Systems Inc (NASDAQ:CASM). Blackrock Mgmt Ltd Llc holds 0% or 4,284 shares in its portfolio. California Employees Retirement System stated it has 0% in CAS Medical Systems Inc (NASDAQ:CASM). Wells Fargo & Mn owns 0% invested in CAS Medical Systems Inc (NASDAQ:CASM) for 2,227 shares. New York-based Deerfield Management has invested 0.21% in CAS Medical Systems Inc (NASDAQ:CASM). Renaissance Technology has invested 0% of its portfolio in CAS Medical Systems Inc (NASDAQ:CASM). Deutsche Bancorp Ag holds 13,800 shares or 0% of its portfolio. Panagora Asset Management, a Massachusetts-based fund reported 22,298 shares. Morgan Stanley holds 0% of its portfolio in CAS Medical Systems Inc (NASDAQ:CASM) for 200 shares. Guggenheim Cap Ltd Liability Com owns 12,517 shares or 0% of their US portfolio. Citadel Advisors Ltd Com reported 18,595 shares.

The stock of Casualty Medical Systems Incorporated (NASDAQ:CASM) registered an increase of 38.98% in short interest. CASM’s total short interest was 217,500 shares in September as published by FINRA. Its up 38.98% from 156,500 shares, reported previously. With 20,600 shares average volume, it will take short sellers 11 days to cover their CASM’s short positions. The short interest to Casualty Medical Systems Incorporated’s float is 1.11%.

The stock increased 1.14% or $0.01 on September 15, reaching $0.89. About 15,110 shares traded. CAS Medical Systems Inc (NASDAQ:CASM) has declined 47.56% since September 17, 2016 and is downtrending. It has underperformed by 64.26% the S&P500.

CAS Medical Systems, Inc. is a medical technology firm that develops, makes and markets non-invasive patient monitoring products for patient care. The company has market cap of $25.13 million. The Firm designs, makes and distributes the FORE-SIGHT and FORE-SIGHT ELITE brand tissue oximeters and sensors. It currently has negative earnings. It operates through Tissue Oximetry Monitoring, which includes sales of its FORE-SIGHT tissue oximeter monitors, sensors and accessories.

More important recent CAS Medical Systems Inc (NASDAQ:CASM) news were published by: Seekingalpha.com which released: “CAS Medical Systems’ (CASM) CEO Tom Patton on Q1 2017 Results – Earnings Call …” on May 03, 2017, also Globenewswire.com published article titled: “CASMED to Report Third-Quarter 2016 Financial Results and Hold Conference Call …”, Seekingalpha.com published: “CAS Medical Systems: Double-Digit Top-line Organic Growth, Recurring Revenue …” on February 14, 2017. More interesting news about CAS Medical Systems Inc (NASDAQ:CASM) was released by: Seekingalpha.com and their article: “CAS Medical Systems’ (CASM) CEO Tom Patton on Q4 2016 Results – Earnings Call …” with publication date: March 09, 2017.

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