Is Buying Innodata Inc (NASDAQ:INOD) Here Good Idea?

Innodata Inc. (NASDAQ:INOD) Logo

Investors sentiment decreased to 0.3 in Q2 2019. Its down 0.99, from 1.29 in 2019Q1. It dropped, as 1 investors sold Innodata Inc. shares while 9 reduced holdings. 2 funds opened positions while 1 raised stakes. 3.53 million shares or 3.84% less from 3.67 million shares in 2019Q1 were reported.
Tower Rech (Trc) stated it has 0% of its portfolio in Innodata Inc. (NASDAQ:INOD). California Pub Employees Retirement Sys holds 0% in Innodata Inc. (NASDAQ:INOD) or 96,992 shares. Deutsche National Bank & Trust Ag reported 0% of its portfolio in Innodata Inc. (NASDAQ:INOD). Bridgeway Capital Mngmt reported 330,455 shares or 0% of all its holdings. White Pine Ltd holds 0.01% or 18,500 shares. Moreover, Geode Capital Limited has 0% invested in Innodata Inc. (NASDAQ:INOD). Blair William And Com Il reported 0% stake. Panagora Asset Management reported 16,978 shares. Elkhorn Prtn Partnership holds 24,000 shares. Moreover, Savings Bank Of America Corp De has 0% invested in Innodata Inc. (NASDAQ:INOD) for 2,114 shares. Vanguard Grp invested in 863,620 shares. Renaissance Llc invested in 0% or 928,234 shares. Dimensional Fund Advsr L P stated it has 392,072 shares. Acadian Asset Limited Liability has 4,893 shares. Blackrock Incorporated invested in 602,355 shares or 0% of the stock.

Since July 24, 2019, it had 0 buys, and 9 insider sales for $156,639 activity.

The stock of Innodata Inc (NASDAQ:INOD) registered a decrease of 37.84% in short interest. INOD’s total short interest was 6,900 shares in September as published by FINRA. Its down 37.84% from 11,100 shares, reported previously. With 17,500 shares average volume, it will take short sellers 0 days to cover their INOD’s short positions. The short interest to Innodata Inc’s float is 0.03%.

It closed at $1.29 lastly. It is down 6.84% since September 13, 2018 and is uptrending. It has outperformed by 6.84% the S&P500.

Innodata Inc., a digital services and solutions company, provides technology solutions and services worldwide. The company has market cap of $33.48 million. The firm operates through three divisions: Digital Data Solutions , Innodata Advanced Data Solutions (IADS), and Media Intelligence Solutions (MIS). It currently has negative earnings. The DDS segment produces and distributes e-books; develops new digital information products; and provides operational support services for existing digital information products and systems, including content aggregation, extraction, encoding, indexing and abstracting, fabrication, and distribution.

More important recent Innodata Inc. (NASDAQ:INOD) news were published by: Globenewswire.com which released: “Innodata Announces the Establishment of a Special Committee and Certain Related Actions – GlobeNewswire” on December 04, 2017, also Seekingalpha.com published article titled: “Innodata Inc. (INOD) CEO Jack Abuhoff on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha”, Finance.Yahoo.com published: “Edited Transcript of INOD earnings conference call or presentation 8-Aug-19 3:00pm GMT – Yahoo Finance” on September 09, 2019. More interesting news about Innodata Inc. (NASDAQ:INOD) was released by: Stockhouse.com and their article: “Innodata Reports Second Quarter 2019 Results and Announces that Nick Toor Joins Board of Directors – Stockhouse” with publication date: August 08, 2019.

Innodata Inc. (NASDAQ:INOD) Institutional Positions Chart

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