Is Buying Richardson Electronics LTD. (NASDAQ:RELL) Here Good Idea?

Investors sentiment decreased to 1.09 in Q4 2018. Its down 0.69, from 1.78 in 2018Q3. It turned negative, as 1 investors sold Richardson Electronics, Ltd. shares while 10 reduced holdings. 6 funds opened positions while 6 raised stakes. 5.58 million shares or 0.97% less from 5.63 million shares in 2018Q3 were reported.
Panagora Asset Management stated it has 0% of its portfolio in Richardson Electronics, Ltd. (NASDAQ:RELL). Vanguard Grp reported 0% stake. Royal Bankshares Of Canada, Ontario – Canada-based fund reported 10,500 shares. Acadian Asset Mgmt has 0% invested in Richardson Electronics, Ltd. (NASDAQ:RELL) for 101,443 shares. Geode Cap Ltd Liability accumulated 67,211 shares or 0% of the stock. Sei Invs reported 0% in Richardson Electronics, Ltd. (NASDAQ:RELL). 745,713 were reported by Mutual Of America Management Lc. Deutsche Commercial Bank Ag accumulated 6,556 shares or 0% of the stock. Brandywine Glob Inv Management Limited Liability has invested 0% in Richardson Electronics, Ltd. (NASDAQ:RELL). Tower Research Capital Limited Liability Corporation (Trc) has invested 0% in Richardson Electronics, Ltd. (NASDAQ:RELL). Barclays Public Lc stated it has 0% of its portfolio in Richardson Electronics, Ltd. (NASDAQ:RELL). Dimensional Fund Advsrs Lp stated it has 917,982 shares. First Wilshire Mgmt holds 0.17% or 50,600 shares. Morgan Stanley reported 247 shares stake. Wells Fargo And Mn has 1 shares.

The stock of Richardson Electronics LTD. (NASDAQ:RELL) registered a decrease of 26.63% in short interest. RELL’s total short interest was 13,500 shares in May as published by FINRA. Its down 26.63% from 18,400 shares, reported previously. With 26,200 shares average volume, it will take short sellers 1 days to cover their RELL’s short positions. The short interest to Richardson Electronics LTD.’s float is 0.15%.

The stock decreased 1.72% or $0.1 during the last trading session, reaching $5.73. About 19,863 shares traded. Richardson Electronics, Ltd. (NASDAQ:RELL) has declined 7.26% since May 15, 2018 and is downtrending. It has underperformed by 11.63% the S&P500.

Richardson Electronics, Ltd. engages in power and microwave technologies, customized display solutions, and healthcare equipment businesses in North America, the Asia Pacific, Europe, and Latin America. The company has market cap of $74.80 million. The companyÂ’s Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables, as well as power conversion and RF and microwave components for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. It has a 97.12 P/E ratio. The Company’s products are used to control, switch, or amplify electrical power signals, as well as are used as display devices in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets.

More notable recent Richardson Electronics, Ltd. (NASDAQ:RELL) news were published by: Nasdaq.com which released: “TE Connectivity Ltd. (TEL) Ex-Dividend Date Scheduled for November 21, 2018 – Nasdaq” on November 20, 2018, also Seekingalpha.com with their article: “More on Richardson Electronics Q1 results – Seeking Alpha” published on October 11, 2018, Gurufocus.com published: “May 09, 2019 – BlackRock Inc. Buys Barrick Gold Corp, Apartment Investment & Management Co, Elanco Animal Health Inc, Sells Fox Corp, Fox Corp, PG&E Corp – GuruFocus.com” on May 09, 2019. More interesting news about Richardson Electronics, Ltd. (NASDAQ:RELL) were released by: Seekingalpha.com and their article: “Innovative Solutions & Support’s (ISSC) CEO Geoffrey Hedrick on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on May 10, 2019 as well as Nasdaq.com‘s news article titled: “TE Connectivity Ltd. (TEL) Ex-Dividend Date Scheduled for August 23, 2018 – Nasdaq” with publication date: August 22, 2018.

Richardson Electronics, Ltd. (NASDAQ:RELL) Institutional Positions Chart

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