Idt Corporation Class B (NYSE:IDT) Sellers Covered 48.45% of Their Shorts

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Investors sentiment decreased to 1.32 in Q2 2019. Its down 0.14, from 1.46 in 2019Q1. It turned negative, as 9 investors sold IDT Corporation shares while 22 reduced holdings. 23 funds opened positions while 18 raised stakes. 10.24 million shares or 8.50% more from 9.43 million shares in 2019Q1 were reported.
Goldman Sachs Group Incorporated invested 0% of its portfolio in IDT Corporation (NYSE:IDT). Moreover, Foundry Ptnrs Ltd Com has 0.27% invested in IDT Corporation (NYSE:IDT) for 729,865 shares. Millennium Limited Liability Company holds 37,624 shares or 0% of its portfolio. Moreover, Charles Schwab Investment Mgmt has 0% invested in IDT Corporation (NYSE:IDT) for 41,245 shares. Grp Incorporated has invested 0% in IDT Corporation (NYSE:IDT). New York State Common Retirement Fund reported 17,000 shares. 461,000 were reported by Acadian Asset Mngmt Limited Co. Pennsylvania-based Vanguard Gru has invested 0% in IDT Corporation (NYSE:IDT). Legal And General Grp Public Ltd Company invested in 0% or 2,786 shares. 13,138 were accumulated by Sei Investments. Panagora Asset holds 0% of its portfolio in IDT Corporation (NYSE:IDT) for 80,415 shares. Mackay Shields reported 46,700 shares or 0% of all its holdings. New York-based Jpmorgan Chase & has invested 0% in IDT Corporation (NYSE:IDT). Arrowstreet Capital Partnership owns 169,035 shares. Blackrock stated it has 1.14 million shares.

The stock of Idt Corporation Class B (NYSE:IDT) registered a decrease of 48.45% in short interest. IDT’s total short interest was 143,100 shares in September as published by FINRA. Its down 48.45% from 277,600 shares, reported previously. With 125,600 shares average volume, it will take short sellers 1 days to cover their IDT’s short positions. The short interest to Idt Corporation Class B’s float is 0.89%.

The stock increased 1.82% or $0.2 during the last trading session, reaching $11.21. About 41,225 shares traded. IDT Corporation (NYSE:IDT) has risen 95.38% since September 13, 2018 and is uptrending. It has outperformed by 95.38% the S&P500.

IDT Corporation, through its subsidiaries, operates primarily in the telecommunications and payment industries in the United States and internationally. The company has market cap of $324.51 million. It operates in two divisions, Telecom Platform Services and Consumer Phone Services. It has a 26.31 P/E ratio. The Telecom Platform Services segment offers retail telecommunications, including international long-distance calling products; payment offerings, such as international and domestic airtime top-up, and international money transfer through its Boss Revolution platform; wholesale international long distance traffic termination; and hosted platform solutions comprising customized communications services that leverage its proprietary networks, platforms, and technology to cable companies and other service providers.

More notable recent IDT Corporation (NYSE:IDT) news were published by: Finance.Yahoo.com which released: “Does IDT Corporation’s (NYSE:IDT) CEO Salary Reflect Performance? – Yahoo Finance” on June 21, 2019, also Prnewswire.com with their article: “IDT Corporation Holds Investor Day – PRNewswire” published on February 06, 2019, Investorplace.com published: “7 Telecom Stocks to Set on Speed Dial – Investorplace.com” on June 21, 2019. More interesting news about IDT Corporation (NYSE:IDT) were released by: Bizjournals.com and their article: “Danaher initiates stock sale to help finance $21B GE Biopharma acquisition – Washington Business Journal” published on September 05, 2019 as well as Benzinga.com‘s news article titled: “5 Stocks To Watch For October 10, 2018 – Benzinga” with publication date: October 10, 2018.

IDT Corporation (NYSE:IDT) Institutional Positions Chart

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