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HomeMarketResultsShort Interest in Acacia Research Co. (NASDAQ:ACTG) Decreases By 7.2%

Short Interest in Acacia Research Co. (NASDAQ:ACTG) Decreases By 7.2%


Acacia Analysis Co. (NASDAQ:ACTGGet Rating) was the goal of a major lower in brief curiosity within the month of December. As of December fifteenth, there was quick curiosity totalling 489,100 shares, a lower of seven.2% from the November thirtieth complete of 527,100 shares. Primarily based on a median buying and selling quantity of 289,600 shares, the short-interest ratio is presently 1.7 days. Presently, 1.2% of the shares of the inventory are bought quick.

Institutional Inflows and Outflows

Numerous hedge funds and different institutional traders have not too long ago purchased and bought shares of the inventory. FMR LLC lifted its stake in Acacia Analysis by 6.0% within the 2nd quarter. FMR LLC now owns 65,503 shares of the enterprise providers supplier’s inventory valued at $330,000 after shopping for a further 3,704 shares within the final quarter. UBS Group AG lifted its stake in Acacia Analysis by 218.4% within the third quarter. UBS Group AG now owns 7,348 shares of the enterprise providers supplier’s inventory valued at $29,000 after shopping for a further 5,040 shares within the final quarter. Amalgamated Financial institution bought a brand new place in Acacia Analysis within the 1st quarter valued at about $27,000. Toroso Investments LLC lifted its stake in Acacia Analysis by 2.3% within the third quarter. Toroso Investments LLC now owns 433,873 shares of the enterprise providers supplier’s inventory valued at $1,753,000 after shopping for a further 9,641 shares within the final quarter. Lastly, Horizon Wealth Administration LLC acquired a brand new stake in Acacia Analysis within the 2nd quarter valued at about $50,000. 64.35% of the inventory is owned by hedge funds and different institutional traders.

Acacia Analysis Inventory Down 5.2 %

ACTG stock opened at $3.99 on Wednesday. The corporate’s 50-day easy shifting common is $3.94 and its 200-day easy shifting common is $4.30. Acacia Analysis has a 52-week low of $3.30 and a 52-week excessive of $5.36. The agency has a market cap of $152.84 million, a P/E ratio of -1.55 and a beta of 0.40.

Acacia Analysis (NASDAQ:ACTGGet Rating) final issued its quarterly earnings outcomes on Thursday, November tenth. The enterprise providers supplier reported ($0.44) earnings per share for the quarter. The corporate had income of $15.88 million in the course of the quarter. Acacia Analysis had a web margin of 89.63% and a return on fairness of seven.16%.

Analyst Upgrades and Downgrades

A number of analysis companies have not too long ago issued reviews on ACTG. Craig Hallum lowered their goal value on shares of Acacia Analysis to $7.00 in a analysis notice on Wednesday, November sixteenth. StockNews.com started protection on shares of Acacia Analysis in a analysis notice on Wednesday, October twelfth. They set a “maintain” ranking on the inventory.

Acacia Analysis Firm Profile

(Get Rating)

Acacia Analysis Company, along with its subsidiaries, invests in mental property and associated absolute return belongings; and engages within the licensing and enforcement of patented applied sciences. The corporate operates by two segments, Mental Property Operations and Industrial Operations.

Featured Tales

This instantaneous information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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