What’s Ahead for Immersion Corporation (NASDAQ:IMMR) After More Shorted Shares?

Immersion Corporation (NASDAQ:IMMR) Logo

Investors sentiment decreased to 1.02 in 2019 Q2. Its down 0.10, from 1.12 in 2019Q1. It worsened, as 27 investors sold Immersion Corporation shares while 17 reduced holdings. 13 funds opened positions while 32 raised stakes. 19.76 million shares or 1.46% less from 20.05 million shares in 2019Q1 were reported.
D E Shaw Company Inc has invested 0% in Immersion Corporation (NASDAQ:IMMR). Marathon Capital Mgmt, Maryland-based fund reported 22,000 shares. State Street has 506,395 shares for 0% of their portfolio. 563,560 were accumulated by Susquehanna Intll Gp Ltd Liability Partnership. Aqr Cap Mgmt Lc accumulated 0% or 333,905 shares. Perritt Mgmt has invested 0.35% in Immersion Corporation (NASDAQ:IMMR). Private Advisor Grp Limited Liability Com holds 137,141 shares. Price T Rowe Associate Md holds 0% or 41,249 shares in its portfolio. Rhumbline Advisers stated it has 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR). California State Teachers Retirement Sys has invested 0% in Immersion Corporation (NASDAQ:IMMR). New York State Common Retirement Fund invested 0% in Immersion Corporation (NASDAQ:IMMR). Morgan Stanley holds 11,979 shares. Barclays Plc owns 20,745 shares or 0% of their US portfolio. Charles Schwab Inv Mngmt holds 0% or 75,009 shares. Northern Trust Corp holds 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 363,516 shares.

Since June 18, 2019, it had 4 insider purchases, and 0 insider sales for $2.45 million activity. Shares for $310,893 were bought by Raging Capital Management – LLC.

The stock of Immersion Corporation (NASDAQ:IMMR) registered an increase of 12.86% in short interest. IMMR’s total short interest was 2.58M shares in September as published by FINRA. Its up 12.86% from 2.29M shares, reported previously. With 404,800 shares average volume, it will take short sellers 6 days to cover their IMMR’s short positions.

The stock decreased 0.06% or $0.01 during the last trading session, reaching $8.56. About 139,268 shares traded. Immersion Corporation (NASDAQ:IMMR) has declined 43.97% since September 13, 2018 and is downtrending. It has underperformed by 43.97% the S&P500.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. The company has market cap of $271.06 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products. It currently has negative earnings. The firm offers TouchSense Lite and TouchSense Premium toolkits that enable original equipment manufacturers and their suppliers to add customized haptic technologies to their own branded devices and other products.

More notable recent Immersion Corporation (NASDAQ:IMMR) news were published by: Nasdaq.com which released: “Technology Sector Update for 08/14/2017: IMMR – Nasdaq” on August 14, 2017, also Finance.Yahoo.com with their article: “Edited Transcript of IMMR earnings conference call or presentation 1-Aug-19 9:00pm GMT – Yahoo Finance” published on August 27, 2019, Seekingalpha.com published: “Immersion And Google, Take Two – Seeking Alpha” on January 07, 2019. More interesting news about Immersion Corporation (NASDAQ:IMMR) were released by: Businesswire.com and their article: “Immersion Signs License Agreement With Alpine Electronics Adding Haptics to In-Vehicle Touchscreens – Business Wire” published on April 09, 2019 as well as Seekingalpha.com‘s news article titled: “Immersion Corporation (IMMR) CEO Ramzi Haidamus on Q4 2018 Earnings Call Transcript – Seeking Alpha” with publication date: February 26, 2019.

Immersion Corporation (NASDAQ:IMMR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.