It Seems Iec Electronics Corp (NYSEAMERICAN:IEC) Will Go Down. Just Reported More Shorted Shares

IEC Electronics Corp. (NYSEAMERICAN:IEC) Logo

Investors sentiment decreased to 0.56 in Q2 2019. Its down 1.22, from 1.78 in 2019Q1. It dived, as 6 investors sold IEC Electronics Corp. shares while 10 reduced holdings. 4 funds opened positions while 5 raised stakes. 2.40 million shares or 7.78% less from 2.60 million shares in 2019Q1 were reported.
New York-based Weber Alan W has invested 0.02% in IEC Electronics Corp. (NYSEAMERICAN:IEC). 22,697 are owned by Deutsche Bancorp Ag. Dimensional Fund Advsr Lp invested in 0% or 257,803 shares. Blackrock holds 69,658 shares. Panagora Asset Management has invested 0% in IEC Electronics Corp. (NYSEAMERICAN:IEC). 335,325 are owned by Vanguard Group. California Pub Employees Retirement Systems holds 40,200 shares. Connor Clark And Lunn Management Limited, a British Columbia – Canada-based fund reported 28,150 shares. Wells Fargo And Co Mn holds 0% of its portfolio in IEC Electronics Corp. (NYSEAMERICAN:IEC) for 1 shares. Punch And Assoc Invest Mngmt owns 0.31% invested in IEC Electronics Corp. (NYSEAMERICAN:IEC) for 595,400 shares. Arrowstreet Capital L P invested in 0% or 40,892 shares. Bridgeway Capital Mgmt owns 45,850 shares. Eam Investors Lc owns 82,281 shares. Morgan Stanley owns 0% invested in IEC Electronics Corp. (NYSEAMERICAN:IEC) for 9,091 shares. Jpmorgan Chase & invested in 17,636 shares.

Since May 10, 2019, it had 4 insider purchases, and 0 sales for $119,106 activity. $7,506 worth of IEC Electronics Corp. (NYSEAMERICAN:IEC) shares were bought by HADEED CHARLES P. 8,000 shares valued at $50,160 were bought by Butler Keith M on Wednesday, June 5.

The stock of Iec Electronics Corp (NYSEAMERICAN:IEC) registered an increase of 18.22% in short interest. IEC’s total short interest was 27,900 shares in September as published by FINRA. Its up 18.22% from 23,600 shares, reported previously. With 41,100 shares average volume, it will take short sellers 1 days to cover their IEC’s short positions. The short interest to Iec Electronics Corp’s float is 0.31%.

The stock increased 0.59% or $0.04 during the last trading session, reaching $6.84. About 12,869 shares traded. IEC Electronics Corp. (NYSEAMERICAN:IEC) has risen 15.83% since September 13, 2018 and is uptrending. It has outperformed by 15.83% the S&P500.

IEC Electronics Corp., together with its subsidiaries, provides electronic contract manufacturing services in the United States. The company has market cap of $70.69 million. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of complex products that require a sophisticated level of manufacturing. It has a 5.89 P/E ratio. The firm makes a range of assemblies that are incorporated into various products, such as aerospace and defense systems, medical devices, industrial equipment, and transportation products.

More notable recent IEC Electronics Corp. (NYSEAMERICAN:IEC) news were published by: Globenewswire.com which released: “IEC Will Host Conference Call to Discuss Fiscal 2019 Third Quarter Financial Results – GlobeNewswire” on July 24, 2019, also Streetinsider.com with their article: “Form 8-K Trilogy Metals Inc. For: Sep 10 – StreetInsider.com” published on September 10, 2019, Investorplace.com published: “5 of the Best Stocks Under $10 for 2018 – Investorplace.com” on July 06, 2018. More interesting news about IEC Electronics Corp. (NYSEAMERICAN:IEC) were released by: Globenewswire.com and their article: “Thomas L. Barbato Named Chief Financial Officer of IEC Electronics – GlobeNewswire” published on September 06, 2018 as well as Finance.Yahoo.com‘s news article titled: “IEC Electronics to Present at the MicroCap Leadership Summit – Yahoo Finance” with publication date: September 12, 2019.

IEC Electronics Corp. (NYSEAMERICAN:IEC) Institutional Positions Chart

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