Juniper Networks Inc (NYSE:JNPR) Shorts Decreased by 7.38% After Short Covering

Juniper Networks, Inc. (NYSE:JNPR) Logo

Investors sentiment decreased to 0.87 in 2019 Q2. Its down 0.32, from 1.19 in 2019Q1. It dropped, as 38 investors sold Juniper Networks, Inc. shares while 133 reduced holdings. 43 funds opened positions while 106 raised stakes. 307.04 million shares or 0.99% less from 310.11 million shares in 2019Q1 were reported.
Balyasny Asset Mngmt Lc holds 1.20 million shares or 0.2% of its portfolio. 1,150 are held by Covington Capital Mgmt. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 0.03% in Juniper Networks, Inc. (NYSE:JNPR). 644,153 were accumulated by Rhumbline Advisers. Shelton Capital Mngmt stated it has 100,718 shares. Aperio Grp Inc Lc holds 0.02% or 183,386 shares in its portfolio. Baystate Wealth Lc invested 0% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). 352,915 were accumulated by Fmr Ltd Co. Foster And Motley Inc invested in 0.04% or 10,518 shares. Glenmede Trust Na, a Pennsylvania-based fund reported 1.24M shares. Parallax Volatility Advisers L P holds 0% in Juniper Networks, Inc. (NYSE:JNPR) or 1,327 shares. Manufacturers Life Ins Com The accumulated 336,428 shares. Robeco Institutional Asset Management Bv holds 2.21 million shares or 0.21% of its portfolio. Mackenzie Fincl accumulated 97,960 shares or 0.01% of the stock. Sector Pension Board invested in 0.01% or 44,937 shares.

The stock of Juniper Networks Inc (NYSE:JNPR) registered a decrease of 7.38% in short interest. JNPR’s total short interest was 17.65 million shares in September as published by FINRA. Its down 7.38% from 19.05M shares, reported previously. With 3.39 million shares average volume, it will take short sellers 5 days to cover their JNPR’s short positions. The short interest to Juniper Networks Inc’s float is 5.13%.

The stock decreased 0.70% or $0.17 during the last trading session, reaching $24.27. About 2.54 million shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 2.74% since September 13, 2018 and is uptrending. It has outperformed by 2.74% the S&P500.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $8.39 billion. The firm offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It has a 17.26 P/E ratio. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Among 2 analysts covering Juniper Networks (NYSE:JNPR), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Juniper Networks has $2800 highest and $2400 lowest target. $27’s average target is 11.25% above currents $24.27 stock price. Juniper Networks had 7 analyst reports since March 21, 2019 according to SRatingsIntel.

More notable recent Juniper Networks, Inc. (NYSE:JNPR) news were published by: Seekingalpha.com which released: “Evercore starts networking coverage; CSCO, CIEN praised – Seeking Alpha” on September 10, 2019, also Globenewswire.com with their article: “Juniper Networks Announces Expiration and Tender Results of Cash Tender Offer for Two Series of Senior Notes – GlobeNewswire” published on August 23, 2019, Nasdaq.com published: “Buy Cisco Stock for the Bargain, Stick With it for the Stability – Nasdaq” on September 09, 2019. More interesting news about Juniper Networks, Inc. (NYSE:JNPR) were released by: Finance.Yahoo.com and their article: “Should Juniper Networks (NYSE:JNPR) Be Disappointed With Their 25% Profit? – Yahoo Finance” published on June 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “Juniper Networks, Inc. (NYSE:JNPR) Passed Our Checks, And It’s About To Pay A 0.8% Dividend – Yahoo Finance” with publication date: August 29, 2019.

Juniper Networks, Inc. (NYSE:JNPR) Institutional Positions Chart

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