Cass Information Systems Inc (NASDAQ:CASS) on Focus After Report of Less Shorts

April 20, 2018 - By Darrin Black

Investors sentiment increased to 4.76 in 2017 Q4. Its up 2.91, from 1.85 in 2017Q3. It is positive, as 5 investors sold Cass Information Systems, Inc. shares while 12 reduced holdings. 15 funds opened positions while 66 raised stakes. 12.18 million shares or 135.65% more from 5.17 million shares in 2017Q3 were reported.
Fdx Inc has invested 0.01% in Cass Information Systems, Inc. (NASDAQ:CASS). Ftb Advsr Incorporated holds 0% or 107 shares. Kennedy Management Inc invested in 0.08% or 75,476 shares. Moreover, State Street Corporation has 0% invested in Cass Information Systems, Inc. (NASDAQ:CASS). 5,131 are owned by Us Fincl Bank De. Goldman Sachs Gru Incorporated holds 0% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS) for 25,613 shares. Regions Finance Corporation stated it has 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Advisory Ser Networks Lc holds 0% or 74 shares in its portfolio. Moreover, Swiss State Bank has 0% invested in Cass Information Systems, Inc. (NASDAQ:CASS) for 20,460 shares. Tiaa Cref Inv Mngmt Limited Company, New York-based fund reported 30,276 shares. Renaissance Technology Limited stated it has 0.01% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS). Credit Suisse Ag has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Riverbridge Prtn Limited Liability Company accumulated 379,039 shares. Northern Trust invested 0% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS). State Common Retirement Fund holds 17,297 shares.

Since December 13, 2017, it had 1 buying transaction, and 1 sale for $148,878 activity. 3,268 Cass Information Systems, Inc. (NASDAQ:CASS) shares with value of $204,268 were sold by BRUNNGRABER ERIC H.

The stock of Cass Information Systems Inc (NASDAQ:CASS) registered a decrease of 14.48% in short interest. CASS’s total short interest was 228,000 shares in April as published by FINRA. Its down 14.48% from 266,600 shares, reported previously. With 36,100 shares average volume, it will take short sellers 6 days to cover their CASS’s short positions. The short interest to Cass Information Systems Inc’s float is 2.29%.

The stock increased 0.42% or $0.26 during the last trading session, reaching $61.51. About 16,924 shares traded. Cass Information Systems, Inc. (NASDAQ:CASS) has declined 0.39% since April 20, 2017 and is downtrending. It has underperformed by 11.94% 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 $755.76 million. It operates through two divisions, Information Services and Banking Services. It has a 30.6 P/E ratio. The companyÂ’s services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information.

Cass Information Systems, Inc. (NASDAQ:CASS) Institutional Positions Chart

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