Can Identiv Incorporated (NASDAQ:INVE)’s Tomorrow be Different? The Stock Had Increase in Shorts

February 14, 2018 - By Vivian Currie

 Can Identiv Incorporated (NASDAQ:INVE)’s Tomorrow be Different? The Stock Had Increase in Shorts

Investors sentiment decreased to 0.93 in Q3 2017. Its down 2.07, from 3 in 2017Q2. It worsened, as 6 investors sold Identiv, Inc. shares while 8 reduced holdings. 5 funds opened positions while 8 raised stakes. 4.72 million shares or 1.62% more from 4.65 million shares in 2017Q2 were reported.
Jpmorgan Chase & has 0% invested in Identiv, Inc. (NASDAQ:INVE). 11,365 were accumulated by Virtu Financial Limited Liability. Hollencrest Lc owns 32,105 shares or 0.02% of their US portfolio. Tower Research Capital Ltd Liability Company (Trc) has invested 0% in Identiv, Inc. (NASDAQ:INVE). Gru One Trading Lp owns 2,169 shares or 0% of their US portfolio. Essex Inv Mgmt Limited Co stated it has 263,974 shares. North Carolina-based Sterling Cap Management Limited Liability Company has invested 0% in Identiv, Inc. (NASDAQ:INVE). Vanguard Group Inc holds 0% or 306,211 shares. Massachusetts-based Geode Capital Lc has invested 0% in Identiv, Inc. (NASDAQ:INVE). Manatuck Hill Prtn Ltd Co has 135,000 shares for 0.31% of their portfolio. Royal Natl Bank Of Canada owns 0% invested in Identiv, Inc. (NASDAQ:INVE) for 7 shares. Soros Fund Mngmt Limited Liability Corp holds 0.03% of its portfolio in Identiv, Inc. (NASDAQ:INVE) for 266,666 shares. Barclays Plc invested in 0% or 4,662 shares. Bridgeway Mgmt invested in 67,000 shares. Morgan Stanley reported 2,047 shares stake.

The stock of Identiv Incorporated (NASDAQ:INVE) registered an increase of 5.2% in short interest. INVE’s total short interest was 141,700 shares in February as published by FINRA. Its up 5.2% from 134,700 shares, reported previously. With 87,100 shares average volume, it will take short sellers 2 days to cover their INVE’s short positions. The short interest to Identiv Incorporated’s float is 1.49%.

The stock increased 5.34% or $0.19 during the last trading session, reaching $3.75. About 22,609 shares traded. Identiv, Inc. (NASDAQ:INVE) has risen 183.17% since February 14, 2017 and is uptrending. It has outperformed by 166.47% the S&P500.

Identiv, Inc. operates as a security technology firm that secures and manages access to physical places, things, and information worldwide. The company has market cap of $53.42 million. It operates through four divisions: Premises , Identity, Credentials, and All Other. It currently has negative earnings. The PACS segment offers modular Hirsch MX controllers that allow clients to start with a small system and expand over time; Hirsch Velocity software platform for centralized management of access and security activities across an organization; Federal Identity, Credential and Access Management architecture, an access control system; and TouchSecure door readers that provide various features to support security standards.

Identiv, Inc. (NASDAQ:INVE) Ratings Coverage

Among 3 analysts covering Identive Group (NASDAQ:INVE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Identive Group had 9 analyst reports since August 5, 2015 according to SRatingsIntel. Northland Capital maintained the stock with “Outperform” rating in Friday, August 14 report. On Thursday, August 6 the stock rating was downgraded by Imperial Capital to “In-Line”. The rating was maintained by Imperial Capital on Monday, May 23 with “In-Line”. Northland Capital maintained Identiv, Inc. (NASDAQ:INVE) rating on Monday, August 7. Northland Capital has “Buy” rating and $1000 target. Northland Capital maintained Identiv, Inc. (NASDAQ:INVE) rating on Monday, November 16. Northland Capital has “Outperform” rating and $6.0 target. The stock of Identiv, Inc. (NASDAQ:INVE) earned “In-Line” rating by Imperial Capital on Tuesday, April 4. Zacks downgraded the shares of INVE in report on Monday, August 10 to “Hold” rating. The firm earned “Market Perform” rating on Wednesday, August 5 by Cowen & Co. The rating was maintained by Northland Capital on Sunday, August 16 with “Buy”.

More notable recent Identiv, Inc. (NASDAQ:INVE) news were published by: Globenewswire.com which released: “Identiv to Acquire Video Technology and Data Analytics Company 3VR …” on February 06, 2018, also Globenewswire.com with their article: “Identiv Leverages iOS 11 to Bring the Endless Possibilities of NFC to Everyone” published on October 12, 2017, Globenewswire.com published: “Identiv to Present Portfolio of Intelligent Transponder Solutions for the …” on May 04, 2017. More interesting news about Identiv, Inc. (NASDAQ:INVE) were released by: Quotes.Wsj.com and their article: “Identiv Inc. INVE (US: Nasdaq)” published on February 11, 2011 as well as Globenewswire.com‘s news article titled: “The Next Generation of Identiv’s Smart Temperature Datalogging Solution for …” with publication date: May 09, 2017.

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