Cass Information Systems Incorporated (NASDAQ:CASS) Has Increase in Shorts

January 14, 2018 - By Nellie Frank

 Cass Information Systems Incorporated (NASDAQ:CASS) Has Increase in Shorts

Investors sentiment increased to 1.85 in Q3 2017. Its up 0.74, from 1.11 in 2017Q2. It increased, as 7 investors sold Cass Information Systems, Inc. shares while 19 reduced holdings. 11 funds opened positions while 37 raised stakes. 5.17 million shares or 2.66% less from 5.31 million shares in 2017Q2 were reported.
Wells Fargo And Mn invested in 12,555 shares. 18,231 were reported by Credit Suisse Ag. Citigroup has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Citadel Advisors stated it has 14,958 shares. New York-based Alliancebernstein Lp has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Los Angeles Mngmt & Equity Rech holds 7,676 shares or 0% of its portfolio. Manufacturers Life Insurance Company The stated it has 8,586 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement stated it has 0% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS). Financial reported 29,325 shares. Fdx Advsrs invested in 0.01% or 3,900 shares. Evercore Wealth Mgmt Limited Liability Corporation accumulated 30 shares. Huntington Bancshares has 1,282 shares. Smith Moore And reported 0.1% in Cass Information Systems, Inc. (NASDAQ:CASS). Blair William Il accumulated 5,679 shares. California State Teachers Retirement accumulated 0% or 17,444 shares.

Since December 13, 2017, it had 0 buys, and 1 sale for $204,268 activity.

The stock of Cass Information Systems Incorporated (NASDAQ:CASS) registered an increase of 3.5% in short interest. CASS’s total short interest was 292,600 shares in January as published by FINRA. Its up 3.5% from 282,700 shares, reported previously. With 22,700 shares average volume, it will take short sellers 13 days to cover their CASS’s short positions. The short interest to Cass Information Systems Incorporated’s float is 3.22%.

The stock increased 0.14% or $0.08 during the last trading session, reaching $58.67. About 13,694 shares traded. Cass Information Systems, Inc. (NASDAQ:CASS) has risen 34.53% since January 14, 2017 and is uptrending. It has outperformed by 17.83% the S&P500.

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company has market cap of $720.64 million. It operates through two divisions, Information Services and Banking Services. It has a 27.94 P/E ratio. The companyÂ’s services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information.

More notable recent Cass Information Systems, Inc. (NASDAQ:CASS) news were published by: Stltoday.com which released: “Cass Information Systems reports record earnings for 2016” on February 06, 2017, also Businesswire.com with their article: “Quarter 2017 Earnings Up 11% at Cass Information Systems, Inc.” published on October 26, 2017, Nasdaq.com published: “Cass Information Systems, Inc (CASS) Ex-Dividend Date Scheduled for August 31 …” on August 30, 2017. More interesting news about Cass Information Systems, Inc. (NASDAQ:CASS) were released by: Businesswire.com and their article: “Quarter 2017 Earnings Up 12% at Cass Information Systems, Inc.” published on July 27, 2017 as well as Stltoday.com‘s news article titled: “Cass Information Systems acquires UK-based Efftel” with publication date: March 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: