On Track Innovations Ltd. (OTIV)

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6 INSTITUTIONAL INVESTORS ARE RAISING STAKES
IN ON TRACK INNOVATIONS LTD. (OTIV)

On Track Innovations Ltd. (NASDAQ:OTIV) enjoyed a 53.07% run-up in share price since hitting record low of $0.89. The stock managed 7.87% rise and now stands at $1.37 as of Sep. 29, 2017. At recent session, the prices were hovering between $1.23 and $1.39. This company shares are 88.32% off its target price of $2.58 and the current market capitalization stands at $55.88M. The recent change has given its price a 4.68% lead over SMA 50 and -34.45% deficit over its 52-week high. The stock witnessed 12.3% gains, 4.58% gains and -16.97% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found OTIV’s volatility during a week at 5.94% and during a month it has been found around 5.58%.

On Track Innovations Ltd. (OTIV) Top Holders
Institutional investors currently hold around $3 million or 10% in OTIV stock. Look at its top three institutional owners. Sarbit Advisory Services Inc. owns $1.79 million in On Track Innovations Ltd., which represents roughly 3.21% of the company’s market cap and approximately 59.8% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 717,290 shares of the stock are valued at $983 thousand. The third largest holder is Wolverine Asset Management Llc, which currently holds $137 thousand worth of this stock and that ownership represents nearly 0.25% of its market capitalization.

On Track Innovations Ltd. 13F Filings
At the end of June reporting period, 6 institutional holders increased their position in On Track Innovations Ltd. (NASDAQ:OTIV) by some 468,178 shares, 7 decreased positions by 246,335 and 10 held positions by 1,780,147. That puts total institutional holdings at 2,494,660 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 71,599 shares while 3 institutional investors sold out their entire positions totaling 68,410 shares.

https://postanalyst.com/2017/10/02/6-institutional-investors-are-raising-stakes-in-on-track-innovations-ltd-otiv/