Could Barrett Business Services Incorporated (NASDAQ:BBSI) Skyrocket? The Stock Had Too Little Sellers

February 7, 2018 - By Hazel Jackson

 Could Barrett Business Services Incorporated (NASDAQ:BBSI) Skyrocket? The Stock Had Too Little Sellers

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.27, from 0.81 in 2017Q2. It improved, as 6 investors sold Barrett Business Services, Inc. shares while 32 reduced holdings. 14 funds opened positions while 27 raised stakes. 5.25 million shares or 2.30% more from 5.13 million shares in 2017Q2 were reported.
Lucus Lc has invested 0.49% in Barrett Business Services, Inc. (NASDAQ:BBSI). Opus Capital Gru Ltd Co accumulated 3,828 shares. Arrowstreet Capital Limited Partnership owns 56,370 shares. Spark Inv Management Ltd Liability Corporation holds 0.05% or 17,200 shares. Credit Suisse Ag, Switzerland-based fund reported 6,368 shares. Intl Gru reported 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI). Savings Bank Of Montreal Can accumulated 171 shares. Boston Prns accumulated 0.01% or 125,776 shares. Qs Ltd Liability Corporation has invested 0.01% in Barrett Business Services, Inc. (NASDAQ:BBSI). Glenmede Tru Na reported 231 shares. Foundry Prtn Ltd Liability Co holds 0.27% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI) for 119,880 shares. California Public Employees Retirement Sys invested 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI). Bessemer Gp reported 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI). 300 are held by Prelude Capital Management Lc. Tudor Investment Corp Et Al holds 0.01% or 6,963 shares.

The stock of Barrett Business Services Incorporated (NASDAQ:BBSI) registered a decrease of 21.33% in short interest. BBSI’s total short interest was 64,900 shares in February as published by FINRA. Its down 21.33% from 82,500 shares, reported previously. With 46,600 shares average volume, it will take short sellers 1 days to cover their BBSI’s short positions. The short interest to Barrett Business Services Incorporated’s float is 0.93%.

The stock decreased 1.74% or $1.19 during the last trading session, reaching $67.1. About 36,114 shares traded or 1.91% up from the average. Barrett Business Services, Inc. (NASDAQ:BBSI) has risen 104.09% since February 7, 2017 and is uptrending. It has outperformed by 87.39% the S&P500.

Barrett Business Services, Inc. provides business management solutions for small and medium-sized companies in the United States. The company has market cap of $489.85 million. The firm has management platform that integrates a knowledge approach from the management consulting industry with tools from the human resource outsourcing industry. It has a 22.15 P/E ratio. It offers professional employer services, under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workersÂ’ compensation coverage, and certain other administration functions for the clientÂ’s existing workforce.

More notable recent Barrett Business Services, Inc. (NASDAQ:BBSI) news were published by: Globenewswire.com which released: “BBSI to Present at CJS Securities’ 17th Annual “New Ideas” Summer Conference” on July 06, 2017, also Seekingalpha.com with their article: “Barrett Business Services’ (BBSI) CEO Michael Elich on Q1 2017 Results …” published on May 05, 2017, Seekingalpha.com published: “Barrett Business Services’ (BBSI) CEO Michael Elich on Q3 2017 Results …” on November 08, 2017. More interesting news about Barrett Business Services, Inc. (NASDAQ:BBSI) were released by: Globenewswire.com and their article: “BBSI to Present at CJS Securities’ 18th Annual “New Ideas” for the New Year …” published on January 03, 2018 as well as Seekingalpha.com‘s news article titled: “Barrett Business Services’ (BBSI) CEO Michael Elich on Q2 2017 Results …” with publication date: August 09, 2017.

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