What’s Ahead for Mattersight Corporation (NASDAQ:MATR) After More Shorted Shares?

February 15, 2018 - By Clifton Ray

 What’s Ahead for Mattersight Corporation (NASDAQ:MATR) After More Shorted Shares?

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.43, from 0.82 in 2017Q2. It improved, as 4 investors sold Mattersight Corporation shares while 4 reduced holdings. 3 funds opened positions while 7 raised stakes. 9.33 million shares or 1.65% less from 9.49 million shares in 2017Q2 were reported.
Deutsche Bancorp Ag holds 0% or 5 shares in its portfolio. Tower Ltd Com (Trc) invested 0% of its portfolio in Mattersight Corporation (NASDAQ:MATR). Wells Fargo And Mn has 7,996 shares. Ironwood Inv Mngmt Limited Liability Corporation stated it has 119,663 shares. Vanguard Group Inc has invested 0% in Mattersight Corporation (NASDAQ:MATR). Investor holds 0.51% or 2.84M shares. Geode Capital Limited Company reported 77,017 shares. Bankshares Of America Corp De accumulated 135 shares or 0% of the stock. Boston Ptnrs owns 1.18 million shares or 0% of their US portfolio. Northern owns 0% invested in Mattersight Corporation (NASDAQ:MATR) for 39,738 shares. Cibc Bank Usa reported 10,000 shares or 0% of all its holdings. State Bank Of Mellon Corporation invested in 0% or 12,897 shares. Bridgeway Capital Mngmt reported 166,796 shares or 0.01% of all its holdings. Penn Capital Inc invested in 0.23% or 1.12 million shares. Manufacturers Life Insur The reported 405 shares.

The stock of Mattersight Corporation (NASDAQ:MATR) registered an increase of 6.38% in short interest. MATR’s total short interest was 760,000 shares in February as published by FINRA. Its up 6.38% from 714,400 shares, reported previously. With 61,700 shares average volume, it will take short sellers 12 days to cover their MATR’s short positions. The short interest to Mattersight Corporation’s float is 3.46%.

The stock decreased 12.00% or $0.3 during the last trading session, reaching $2.2. About 230,228 shares traded or 274.42% up from the average. Mattersight Corporation (NASDAQ:MATR) has declined 29.56% since February 15, 2017 and is downtrending. It has underperformed by 46.26% the S&P500.

Mattersight Corporation provides behavioral analytics services in the United States. The company has market cap of $72.01 million. The firm provides predictive behavioral routing and workstyle, performance management, quality assurance, predictive analytics, and marketing managed services that analyzes and predicts customer behavior based on the language exchanged between agents and clients during brand interactions to enhance customer satisfaction and retention, employee engagement, and operating efficiency. It currently has negative earnings. It serves companies in the healthcare, insurance, financial service, technology, telecommunication, cable, utility, education, hospitality, and government industries.

Mattersight Corporation (NASDAQ:MATR) Ratings Coverage

Among 2 analysts covering Mattersight (NASDAQ:MATR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mattersight had 3 analyst reports since November 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 5 by Lake Street. The stock of Mattersight Corporation (NASDAQ:MATR) has “Mkt Outperform” rating given on Tuesday, December 15 by JMP Securities.

More notable recent Mattersight Corporation (NASDAQ:MATR) news were published by: Marketwatch.com which released: “Mattersight Corp.” on September 17, 2015, also Seekingalpha.com with their article: “Mattersight: What’s Going On?” published on May 03, 2017, Quotes.Wsj.com published: “Mattersight Corp. MATR (US: Nasdaq)” on April 18, 2011. More interesting news about Mattersight Corporation (NASDAQ:MATR) were released by: Seekingalpha.com and their article: “Mattersight’s (MATR) CEO Kelly Conway on Q4 2017 Results – Earnings Call …” published on February 15, 2018 as well as Globenewswire.com‘s news article titled: “Mattersight Announces Fourth Quarter 2017 Results” with publication date: February 14, 2018.

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