It Seems Communications Systems Inc (NASDAQ:JCS) Will Go Down. Just Reported More Shorted Shares

Communications Systems, Inc. (NASDAQ:JCS) Logo

Investors sentiment increased to 1 in 2019 Q2. Its up 0.50, from 0.5 in 2019Q1. It increased, as 2 investors sold Communications Systems, Inc. shares while 7 reduced holdings. 3 funds opened positions while 6 raised stakes. 2.39 million shares or 1.67% less from 2.43 million shares in 2019Q1 were reported.
Deutsche State Bank Ag holds 15,500 shares. Tower Rech Limited Liability Com (Trc) reported 0% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS). Gabelli Funds Limited Liability Corp stated it has 0.01% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS). Northern reported 22,120 shares. Susquehanna Int Limited Liability Partnership invested in 33,686 shares or 0% of the stock. Panagora Asset reported 0% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS). Bridgeway Cap Management Inc holds 0% or 73,300 shares in its portfolio. Royal Bancorp Of Canada has 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 1,820 shares. Comml Bank Of Mellon Corp reported 11,057 shares stake. Renaissance Tech Ltd Company accumulated 513,711 shares or 0% of the stock. Vanguard Grp Inc invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Barclays Public Ltd Com holds 0% in Communications Systems, Inc. (NASDAQ:JCS) or 6,000 shares. Morgan Stanley accumulated 15,838 shares. Ameriprise stated it has 0% in Communications Systems, Inc. (NASDAQ:JCS). Comml Bank Of America Corp De owns 570 shares for 0% of their portfolio.

Since May 28, 2019, it had 3 insider buys, and 0 insider sales for $5.57 million activity. Another trade for 250 shares valued at $1,064 was bought by Fandrich Mark. 200 shares valued at $991 were bought by Lacey Roger HD on Tuesday, September 10.

The stock of Communications Systems Inc (NASDAQ:JCS) registered an increase of 181.82% in short interest. JCS’s total short interest was 6,200 shares in September as published by FINRA. Its up 181.82% from 2,200 shares, reported previously. With 8,000 shares average volume, it will take short sellers 1 days to cover their JCS’s short positions. The short interest to Communications Systems Inc’s float is 0.09%.

The stock increased 0.59% or $0.03 during the last trading session, reaching $5.11. About 31,237 shares traded or 39.65% up from the average. Communications Systems, Inc. (NASDAQ:JCS) has risen 0.82% since September 13, 2018 and is uptrending. It has outperformed by 0.82% the S&P500.

Communications Systems, Inc., together with its subsidiaries, makes and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $48.95 million. The companyÂ’s Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name. It has a 64.68 P/E ratio. This segment serves telephone companies, electrical/low-voltage contractors, home builders, cable customers, and original equipment manufacturers directly, as well as through distributors.

More notable recent Communications Systems, Inc. (NASDAQ:JCS) news were published by: Nasdaq.com which released: “Communications Systems, Inc. (JCS) Ex-Dividend Date Scheduled for September 13, 2019 – Nasdaq” on September 12, 2019, also Businesswire.com with their article: “Communications Systems, Inc. Declares Quarterly Dividend of $0.02 Per Share – Business Wire” published on August 19, 2019, Prnewswire.com published: “Transition Networks to Display Smart City IoT and Security and Surveillance Solutions at Global Security Exchange – PRNewswire” on September 03, 2019. More interesting news about Communications Systems, Inc. (NASDAQ:JCS) were released by: Finance.Yahoo.com and their article: “Does Communications Systems, Inc.’s (NASDAQ:JCS) CEO Salary Compare Well With Others? – Yahoo Finance” published on August 14, 2019 as well as Businesswire.com‘s news article titled: “Communications Systems, Inc. Reports Second Quarter Financial Results – Business Wire” with publication date: July 31, 2019.

Communications Systems, Inc. (NASDAQ:JCS) Institutional Positions Chart

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