Will Analogic Corporation (NASDAQ:ALOG) Run Out of Steam Soon? Short Interest is Up

April 17, 2018 - By Rodney Autry

Analogic Corporation (NASDAQ:ALOG) Logo

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.34, from 0.91 in 2017Q3. It increased, as 18 investors sold Analogic Corporation shares while 45 reduced holdings. 31 funds opened positions while 48 raised stakes. 11.33 million shares or 3.37% less from 11.72 million shares in 2017Q3 were reported.
Acadian Asset Mgmt Limited Liability owns 37,035 shares for 0.01% of their portfolio. Pnc Fin Svcs Gru Incorporated stated it has 1,054 shares. Tiaa Cref Investment Limited Liability, a New York-based fund reported 54,018 shares. Blackrock stated it has 1.66M shares or 0.01% of all its holdings. Millennium Mgmt Ltd Liability Corporation holds 18,356 shares or 0% of its portfolio. Meeder Asset Mgmt holds 0% in Analogic Corporation (NASDAQ:ALOG) or 163 shares. Gemmer Asset Mgmt has 0% invested in Analogic Corporation (NASDAQ:ALOG) for 39 shares. Panagora Asset holds 0.01% or 28,969 shares in its portfolio. Jpmorgan Chase & reported 25,295 shares or 0% of all its holdings. Moreover, Systematic Fincl Mngmt L P has 0.03% invested in Analogic Corporation (NASDAQ:ALOG). California State Teachers Retirement Systems, California-based fund reported 19,781 shares. Johnson Invest Counsel Inc has 2,687 shares. Hsbc Public Ltd Co holds 0% of its portfolio in Analogic Corporation (NASDAQ:ALOG) for 24,541 shares. Tower Capital Limited Co (Trc) reported 224 shares stake. Retail Bank Of America Corp De stated it has 32,885 shares or 0% of all its holdings.

The stock of Analogic Corporation (NASDAQ:ALOG) registered an increase of 9.31% in short interest. ALOG’s total short interest was 214,800 shares in April as published by FINRA. Its up 9.31% from 196,500 shares, reported previously. With 184,900 shares average volume, it will take short sellers 1 days to cover their ALOG’s short positions. The short interest to Analogic Corporation’s float is 1.74%.

The stock increased 0.15% or $0.125 during the last trading session, reaching $83.325. About 251,126 shares traded or 28.13% up from the average. Analogic Corporation (NASDAQ:ALOG) has risen 23.07% since April 17, 2017 and is uptrending. It has outperformed by 11.52% the S&P500.

Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers and end users primarily for the medical and airport security markets worldwide. The company has market cap of $1.04 billion. It operates in three divisions: Medical Imaging, Ultrasound, and Security and Detection. It currently has negative earnings. The Medical Imaging segment offers computed tomography (CT) detector systems, data acquisition systems, data management systems, and integrated CT systems; magnetic resonance imaging products, including gradient and radio frequency amplifiers; and digital mammography products, such as detector plates, as well as motion control devices for use in computer-controlled automation systems primarily for the semiconductor, food and beverage, and laboratory automation markets.

Analogic Corporation (NASDAQ:ALOG) Institutional Positions Chart

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