Will Cts Corporation (NYSE:CTS) Run Out of Steam Soon? Short Interest Is Down

Investors sentiment increased to 1.25 in Q1 2019. Its up 0.22, from 1.03 in 2018Q4. It is positive, as 6 investors sold CTS Corporation shares while 46 reduced holdings. 19 funds opened positions while 46 raised stakes. 30.73 million shares or 0.51% less from 30.89 million shares in 2018Q4 were reported.
Principal Gp Incorporated accumulated 264,687 shares. Art Advsr Ltd Limited Liability Company reported 18,555 shares. Bank & Trust Of Mellon Corporation reported 464,722 shares. Sector Pension Board reported 73,400 shares stake. State Of Tennessee Treasury Department invested 0% in CTS Corporation (NYSE:CTS). Moreover, Jpmorgan Chase has 0% invested in CTS Corporation (NYSE:CTS) for 20,529 shares. Clarivest Asset Limited Liability reported 131 shares. Price T Rowe Assoc Incorporated Md has invested 0.01% in CTS Corporation (NYSE:CTS). Geode Mngmt Limited accumulated 0% or 387,082 shares. First Mercantile Trust Com reported 4,982 shares or 0.03% of all its holdings. Tributary Capital Management Limited Liability Corporation stated it has 0.94% in CTS Corporation (NYSE:CTS). Bbt Management Ltd Limited Liability Company holds 0.34% in CTS Corporation (NYSE:CTS) or 9,223 shares. Moreover, Advsr Asset Mgmt has 0% invested in CTS Corporation (NYSE:CTS). Us Bancshares De holds 0% in CTS Corporation (NYSE:CTS) or 6,901 shares. 57,300 are held by Swiss National Bank.

The stock of Cts Corporation (NYSE:CTS) registered a decrease of 10.32% in short interest. CTS’s total short interest was 527,300 shares in June as published by FINRA. Its down 10.32% from 588,000 shares, reported previously. With 198,800 shares average volume, it will take short sellers 3 days to cover their CTS’s short positions. The short interest to Cts Corporation’s float is 1.64%.

The stock decreased 1.53% or $0.43 during the last trading session, reaching $27.69. About 54,495 shares traded. CTS Corporation (NYSE:CTS) has declined 9.72% since June 13, 2018 and is downtrending. It has underperformed by 14.15% the S&P500.

CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets. The company has market cap of $909.77 million. It offers sensors and actuators used in passenger or consumer vehicles; electronic components used in infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets. It has a 19.92 P/E ratio. The firm also creates and develops sensing technology for radio frequency measurement and control systems.

More notable recent CTS Corporation (NYSE:CTS) news were published by: Finance.Yahoo.com which released: “Investors Who Bought CTS (NYSE:CTS) Shares Five Years Ago Are Now Up 72% – Yahoo Finance” on May 09, 2019, also Prnewswire.com with their article: “Cubic Exhibits NextCity Innovations at UITP Global Public Transport Summit – PRNewswire” published on June 07, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Standex Int’l Corp. (SXI) – Yahoo Finance” on May 03, 2019. More interesting news about CTS Corporation (NYSE:CTS) were released by: Prnewswire.com and their article: “Cubic Successfully Implements New Fare Payment Technology for New York MTA’s Rollout of the OMNY System – PRNewswire” published on May 31, 2019 as well as Globenewswire.com‘s news article titled: “CTS Announces Second Quarter 2018 Results NYSE:CTS – GlobeNewswire” with publication date: July 26, 2018.

CTS Corporation (NYSE:CTS) Institutional Positions Chart

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