Monday, July 11, 2016 1:11:34 PM
by Staff Contributor — July 10, 2016
The stock of Emcore Corporation (NASDAQ:EMKR) registered a decrease of 7.48% in short interest. EMKR’s total short interest was 477,200 shares in July as published by FINRA. Its down 7.48% from 515,800 shares, reported previously. With 172,200 shares average volume, it will take short sellers 3 days to cover their EMKR’s short positions. The short interest to Emcore Corporation’s float is 1.99%. The stock increased 2.10% or $0.13 on July 8, hitting $6.31. EMCORE Corporation (NASDAQ:EMKR) has declined 17.95% since December 2, 2015 and is downtrending. It has underperformed by 20.37% the S&P500.
EMCORE Corporation is engaged in designing and manufacturing indium phosphide optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The company has a market cap of $168.17 million. The Firm focuses on linear fiber optic transmission technology. It has a 112.46 P/E ratio. The Firm operates through Fiber Optics segment.
The institutional sentiment decreased to 0.91 in 2016 Q1. Its down 0.38, from 1.29 in 2015Q4. The ratio worsened, as 13 funds sold all EMCORE Corporation shares owned while 33 reduced positions. 8 funds bought stakes while 34 increased positions. They now own 17.74 million shares or 12.67% less from 20.31 million shares in 2015Q4.
Kopp Investment Advisors Llc holds 2.04% of its portfolio in EMCORE Corporation for 747,970 shares. Paradigm Capital Management Inc Ny owns 611,963 shares or 0.36% of their US portfolio. Moreover, Millrace Asset Group Inc. has 0.27% invested in the company for 39,300 shares. The Pennsylvania-based Tfs Capital Llc has invested 0.23% in the stock. Polar Asset Management Partners Inc., a Ontario – Canada-based fund reported 1.01 million shares.
Out of 3 analysts covering Emcore (NASDAQ:EMKR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Emcore has been the topic of 6 analyst reports since July 28, 2015 according to StockzIntelligence Inc.
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http://www.engelwooddaily.com/emcore-corporation-nasdaqemkr-shorted-shares-decreased-by-7-48/440016/
EMKR
Recent EMKR News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 08:09:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:10:17 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/14/2024 08:06:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:41:10 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/12/2024 08:05:04 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/12/2024 04:15:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:06:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:02:40 PM
- EMCORE Reports Fiscal 2024 Third Quarter Results • GlobeNewswire Inc. • 08/06/2024 08:01:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 11:23:12 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 07/31/2024 08:28:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:05:39 PM
- EMCORE Corporation to Host Fiscal 2024 Third Quarter Conference Call on August 7, 2024 • GlobeNewswire Inc. • 07/31/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:06:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 09:12:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 09:12:24 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 06/10/2024 08:18:44 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 08:05:28 PM
- EMCORE's Chief Scientist Sergey Zotov to Present a Talk on the Journey from Tactical to High-End Navigation-Grade MEMS Accelerometers at the Joint Navigation Conference • GlobeNewswire Inc. • 05/31/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:05:29 PM
- Personnel Reduction and Alhambra Closure • GlobeNewswire Inc. • 05/23/2024 08:01:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:05:03 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/16/2024 10:32:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:05:36 PM
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