Is Utstarcom Holdings Corporation Ord Caym (NASDAQ:UTSI)’s Fuel Running Low? Reports Show More Sellers

February 2, 2018 - By Maria Brooks

 Is Utstarcom Holdings Corporation Ord Caym (NASDAQ:UTSI)’s Fuel Running Low? Reports Show More Sellers

Investors sentiment decreased to 1 in 2017 Q3. Its down 1.40, from 2.4 in 2017Q2. It is negative, as 2 investors sold UTStarcom Holdings Corp. shares while 4 reduced holdings. 3 funds opened positions while 3 raised stakes. 2.02 million shares or 3.33% less from 2.09 million shares in 2017Q2 were reported.
Citadel Advsrs Lc invested 0% of its portfolio in UTStarcom Holdings Corp. (NASDAQ:UTSI). Barclays Public Ltd Company owns 0% invested in UTStarcom Holdings Corp. (NASDAQ:UTSI) for 17 shares. Moreover, Spark Ltd Liability Corporation has 0.01% invested in UTStarcom Holdings Corp. (NASDAQ:UTSI). Moreover, Schneider Cap has 0.22% invested in UTStarcom Holdings Corp. (NASDAQ:UTSI). Geode Cap Mgmt Lc has invested 0% in UTStarcom Holdings Corp. (NASDAQ:UTSI). Wells Fargo Mn reported 0% stake. Guggenheim Cap Limited Liability holds 0% or 11,870 shares in its portfolio. Bridgeway Cap owns 48,600 shares or 0% of their US portfolio. Deutsche Bank & Trust Ag accumulated 102,109 shares. Renaissance Technologies Lc holds 0% or 1.03 million shares in its portfolio. Savings Bank Of America Corp De reported 40 shares or 0% of all its holdings. Northern Tru holds 20,683 shares. Macquarie Gp holds 123,731 shares. Advisory Ser Limited Liability Corp holds 0% or 3,529 shares. California Pub Employees Retirement Systems has invested 0% of its portfolio in UTStarcom Holdings Corp. (NASDAQ:UTSI).

The stock of Utstarcom Holdings Corporation Ord Caym (NASDAQ:UTSI) registered an increase of 175% in short interest. UTSI’s total short interest was 68,200 shares in February as published by FINRA. Its up 175% from 24,800 shares, reported previously. With 365,500 shares average volume, it will take short sellers 0 days to cover their UTSI’s short positions. The short interest to Utstarcom Holdings Corporation Ord Caym’s float is 0.4%.

The stock decreased 2.51% or $0.15 during the last trading session, reaching $5.82. About 64,322 shares traded. UTStarcom Holdings Corp. (NASDAQ:UTSI) has risen 6.47% since February 2, 2017 and is uptrending. It has underperformed by 10.23% the S&P500.

UTStarcom Holdings Corp., together with its subsidiaries, operates as a telecom infrastructure well-known provider to develop technology for bandwidth from cloud services, mobile, streaming, and other applications. The company has market cap of $206.32 million. The firm offers broadband packet optical transport and wireless/fixed-line access products and solutions. It has a 23.37 P/E ratio. It focuses on delivering carrier-class broadband transport and access products and solutions optimized for mobile backhaul, metro aggregation, broadband access, and Wi-Fi data offloading.

More notable recent UTStarcom Holdings Corp. (NASDAQ:UTSI) news were published by: Marketwatch.com which released: “UTStarcom Holdings Corp.” on March 31, 2017, also Streetinsider.com with their article: “Form 6-K UTSTARCOM HOLDINGS CORP. For: Oct 31” published on October 26, 2017, Globenewswire.com published: “UTStarcom Holdings Corp. Special Committee Retains Financial Advisor and Legal …” on April 19, 2017. More interesting news about UTStarcom Holdings Corp. (NASDAQ:UTSI) were released by: Globenewswire.com and their article: “UTStarcom to Announce Third Quarter 2017 Financial Results on Monday, November …” published on November 15, 2017 as well as Globenewswire.com‘s news article titled: “UTStarcom Announces Receipt of a Preliminary Non-Binding Proposal to Acquire …” with publication date: March 31, 2017.

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