After Reaching Milestone, Is Casualty Medical Systems Incorporated (NASDAQ:CASM)’s Short Interest Revealing Something?

September 17, 2017 - By Dolores Ford

 After Reaching Milestone, Is Casualty Medical Systems Incorporated (NASDAQ:CASM)’s Short Interest Revealing Something?

Investors sentiment increased to 1.6 in Q4 2016. Its up 1.04, from 0.56 in 2016Q3. It increased, as 2 investors sold CAS Medical Systems Inc shares while 3 reduced holdings. 4 funds opened positions while 4 raised stakes. 8.61 million shares or 2.79% less from 8.85 million shares in 2016Q3 were reported.
Vanguard reported 514,132 shares. New York-based Deerfield Management Communications has invested 0.21% in CAS Medical Systems Inc (NASDAQ:CASM). Citadel Advsr Ltd Liability stated it has 18,595 shares. Hightower Advisors Ltd Limited Liability Company has invested 0% in CAS Medical Systems Inc (NASDAQ:CASM). Acuta Capital Partners Ltd Company invested 2.5% in CAS Medical Systems Inc (NASDAQ:CASM). Morgan Stanley invested in 200 shares or 0% of the stock. Wells Fargo And Mn stated it has 0% in CAS Medical Systems Inc (NASDAQ:CASM). Moreover, Guggenheim Limited Liability has 0% invested in CAS Medical Systems Inc (NASDAQ:CASM) for 12,517 shares. Td Cap Mgmt Limited Co owns 29,429 shares. 99,872 are held by Blackrock Fund Advisors. 1492 Mgmt Lc owns 48,401 shares for 0.06% of their portfolio. Renaissance Technologies Ltd Com reported 255,000 shares. Susquehanna Int Group Limited Liability Partnership holds 0% or 22,851 shares in its portfolio. Blackrock Investment Mgmt Limited Liability Co holds 0% or 4,284 shares in its portfolio. Panagora Asset Mgmt has invested 0% in CAS Medical Systems Inc (NASDAQ:CASM).

The stock of Casualty Medical Systems Incorporated (NASDAQ:CASM) registered an increase of 38.98% in short interest. CASM’s total short interest was 217,500 shares in September as published by FINRA. Its up 38.98% from 156,500 shares, reported previously. With 20,600 shares average volume, it will take short sellers 11 days to cover their CASM’s short positions. The short interest to Casualty Medical Systems Incorporated’s float is 1.11%.

The stock increased 1.14% or $0.01 on September 15, reaching $0.89. About 15,110 shares traded. CAS Medical Systems Inc (NASDAQ:CASM) has declined 47.56% since September 17, 2016 and is downtrending. It has underperformed by 64.26% the S&P500.

CAS Medical Systems, Inc. is a medical technology firm that develops, makes and markets non-invasive patient monitoring products for patient care. The company has market cap of $25.13 million. The Firm designs, makes and distributes the FORE-SIGHT and FORE-SIGHT ELITE brand tissue oximeters and sensors. It currently has negative earnings. It operates through Tissue Oximetry Monitoring, which includes sales of its FORE-SIGHT tissue oximeter monitors, sensors and accessories.

More important recent CAS Medical Systems Inc (NASDAQ:CASM) news were published by: Globenewswire.com which released: “CASMED to Report Third-Quarter 2016 Financial Results and Hold Conference Call …” on November 02, 2016, also Seekingalpha.com published article titled: “CAS Medical Systems: Double-Digit Top-line Organic Growth, Recurring Revenue …”, Seekingalpha.com published: “CAS Medical Systems’ (CASM) CEO Tom Patton on Q4 2016 Results – Earnings Call …” on March 09, 2017. More interesting news about CAS Medical Systems Inc (NASDAQ:CASM) was released by: Seekingalpha.com and their article: “CAS Medical Systems’ (CASM) CEO Tom Patton on Q1 2017 Results – Earnings Call …” with publication date: May 03, 2017.

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