Progress Software Corporation (NASDAQ:PRGS) Sellers Decreased Their Shorts By 22.82% As Of Jan 11, 2019

Progress Software Corporation (NASDAQ:PRGS) Corporate Logo

During Q3 2018 the big money sentiment increased to 0.94. That’s change of 0.13, from 2018Q2’s 0.81. 18 investors sold all, 81 reduced holdings as Progress Software Corporation ratio increased. 66 grew positions while 27 funds bought positions. Funds hold 39.64 million shares thus 0.29% more from 2018Q2’s 39.53 million shares.
Susquehanna Grp Ltd Liability Partnership reported 65,902 shs. Virginia Retirement System Et Al has 0.01% invested in Progress Software Corporation (NASDAQ:PRGS). Sei Invs Company has invested 0.01% in Progress Software Corporation (NASDAQ:PRGS). Public Employees Retirement Of Ohio has 14,188 shs. Bnp Paribas Arbitrage Sa holds 0% or 4,435 shs. Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 0.01% in Progress Software Corporation (NASDAQ:PRGS). Bridgecreek Investment Lc owns 14,850 shs. Wellington Mgmt Grp Inc Ltd Liability Partnership reported 36,249 shs stake. Eulav Asset invested 0.03% in Progress Software Corporation (NASDAQ:PRGS). Voya Inv Management Lc accumulated 62,514 shs. Stratos Wealth Partners Limited holds 0% or 29 shs in its capital. Moreover, Bbt Mngmt Ltd has 0.41% invested in Progress Software Corporation (NASDAQ:PRGS). Landscape Limited Co invested in 0.08% or 32,326 shs. Choate has 0.17% invested in Progress Software Corporation (NASDAQ:PRGS) for 85,503 shs. Fuller And Thaler Asset Mngmt owns 0.12% invested in Progress Software Corporation (NASDAQ:PRGS) for 327,820 shs.

Progress Software Corporation had 1 sale and 0 insider buys since October 3, 2018. This’s net activity of $70,000.

It was noted a decrease on Progress Software Corporation (NASDAQ:PRGS)’s shares shorted with 22.82%. FINRA announced in January PRGS’s total 858,500 shares shorted. That’s 22.82% down from 1.11 million shares. 4 days will cost PRGS with 242,300 average volume to restore its former position. Float short on Progress Software Corporation is 1.95%.

The stock increased 0.22% or $0.08 during the last trading session, touching $36.48.Progress Software Corporation has volume of 158,573 shares. Since January 11, 2018 PRGS has declined 16.18% and is downtrending. The stock underperformed the S&P 500 by 16.18%.

Progress Software Corporation provides software solutions for various industries worldwide.The company has $1.64 billion market cap. The Company’s OpenEdge segment offers Progress OpenEdge, a development software, which manufactures multi-language applications for secure deployment across various platforms and devices, as well as cloud; and Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities.The P/E ratio is 27.8. The companyÂ’s Data Connectivity and Integration segment provides Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Cloud, a software-as-a-service based connection management service that simplifies SQL access to a spectrum of cloud data sources through a single standards interface.

Progress Software Corporation (NASDAQ:PRGS) Institutional Investors 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.