Itron Inc (NASDAQ:ITRI) Short Interest Increased By 6.99%

Itron, Inc. (NASDAQ:ITRI) Corporate Logo

During 2018 Q4 the big money sentiment decreased to 0.87. That’s change of 0.32, from 2018Q3’s 1.19. 24 investors sold all, 69 reduced holdings as Itron, Inc. ratio dropped. 57 rose positions while 24 funds bought positions. Funds hold 35.68 million shares thus 1.88% more from 2018Q3’s 35.02 million shares.
Psagot Invest House Ltd holds 0% of its capital in Itron, Inc. (NASDAQ:ITRI) for 481 shs. Moreover, Tiaa Cref Investment Ltd Liability Co has 0% invested in Itron, Inc. (NASDAQ:ITRI) for 111,870 shs. Hsbc Hldg Pcl reported 5,071 shs. 20,993 were reported by Manufacturers Life Insurance Commerce The. Dubuque Retail Bank & Tru Co stated it has 0.01% of its capital in Itron, Inc. (NASDAQ:ITRI). California-based Lpl Ltd has invested 0% in Itron, Inc. (NASDAQ:ITRI). Glenmede Tru Na stated it has 255 shs. Ptnrs Limited Liability Corporation reported 69,078 shs. Gabelli Funds holds 0.02% or 65,000 shs. Essex Inv Mngmt Limited Liability Corporation accumulated 15,698 shs or 0.12% of the stock. Brown Advisory invested in 19,174 shs or 0% of the stock. Aristotle Boston Ltd Co owns 361,229 shs for 1.4% of their capital. Ls Advsrs Limited Liability Company stated it has 0% of its capital in Itron, Inc. (NASDAQ:ITRI). Marshall Wace Llp stated it has 38,562 shs or 0.02% of all its holdings. Jacobs Levy Equity Mgmt accumulated 0.15% or 177,314 shs.

Itron, Inc. registered $22.42 million net activity with 1 insider purchase and 12 sales since October 5, 2018. $4.11M worth of Itron, Inc. (NASDAQ:ITRI) was sold by SCOPIA CAPITAL MANAGEMENT LP on Thursday, November 8. Pruitt Gary E bought $1.06M worth of stock.

Itron Inc (NASDAQ:ITRI) had an increase of its short interest by 6.99%. It was announced in April by FINRA the 1.21 million short interest on ITRI. The up change of 6.99% from 1.13 million shares was reported. Former ITRI’s position will need 8 days to recover. It has 157,500 average volume. Float short on Itron Inc is 3.57%.

The stock increased 2.04% or $0.95 during the last trading session, touching $47.6.Itron, Inc. is downtrending after having declined 31.36% since April 2, 2018. ITRI has 515,818 volume or 97.71% up from normal. The stock underperformed the S&P500 by 35.73%.

Itron, Inc. provides metering solutions to electricity, gas, and water utility markets worldwide.The firm is valued at $1.90 billion. The firm operates through three divisions: Electricity, Gas, and Water.Currently it has negative earnings. It offers standard electromechanical and electronic, gas, and water and heat meters; and advanced and smart electricity, gas, and water meters and communication modules.

Itron, Inc. (NASDAQ:ITRI) Ratings Coverage

A total of 6 analysts rate Itron (NASDAQ:ITRI) as follows: 5 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 83% are bullish. (NASDAQ:ITRI) has 8 ratings reports on Apr 2, 2019 according to StockzIntelligence. The stock rating was downgraded by Argus Research to “Hold” on Thursday, November 8. In Thursday, February 28 report JMP Securities maintained the stock with “Buy” rating. On Thursday, February 28 Oppenheimer maintained the shares of ITRI in report with “Buy” rating. On Thursday, February 28 Needham maintained Itron, Inc. (NASDAQ:ITRI) with “Buy” rating. On Thursday, February 28 the firm has “Buy” rating given by Cowen & Co. On Tuesday, December 4 the rating was maintained by Guggenheim with “Buy”.

For more Itron, Inc. (NASDAQ:ITRI) news brought out briefly go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Itron, Inc. (ITRI) CEO Philip Mezey on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” brought out on February 27, 2019, “Itron’s (ITRI) Q4 Earnings Beat Estimates, Revenues Miss – Nasdaq” on March 04, 2019, “Itron, Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” with a publish date: November 06, 2018, “Itron reports mixed Q3, lowers FY guide on supply chain headwinds – Seeking Alpha” and the last “ITRI Makes Bullish Cross Above Critical Moving Average – Nasdaq” with publication date: February 06, 2019.

Itron, Inc. (NASDAQ:ITRI) Institutional Investors Chart

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