8×8 Inc (NYSE:EGHT) Sellers Strengthened By 57.35% Their Shorts

8x8, Inc. (NYSE:EGHT) Corporate Logo

During Q4 2018 the big money sentiment increased to 1.48. That’s change of 0.25, from 2018Q3’s 1.23. 19 investors sold all, 37 reduced holdings as 8×8, Inc. ratio is positive. 60 grew positions while 23 funds amassed positions. Funds hold 68.01 million shares thus 5.10% more from 2018Q3’s 64.71 million shares.
Cypress Cap Mgmt Llc (Wy) stated it has 0.01% of its capital in 8×8, Inc. (NYSE:EGHT). Great West Life Assurance Can owns 0.01% invested in 8×8, Inc. (NYSE:EGHT) for 127,464 shs. Kornitzer Capital Management Ks owns 1.12M shs for 0.4% of their capital. Bnp Paribas Arbitrage Sa has 1,148 shs. Invesco Limited holds 396,761 shs or 0% of its capital. California Public Employees Retirement System has invested 0% in 8×8, Inc. (NYSE:EGHT). Arizona State Retirement System holds 0.03% or 146,870 shs in its capital. Reilly Advisors Limited Liability has invested 0.01% in 8×8, Inc. (NYSE:EGHT). Legal And General Gru Public Limited Com has invested 0% in 8×8, Inc. (NYSE:EGHT). New York-based Jpmorgan Chase And has invested 0% in 8×8, Inc. (NYSE:EGHT). Michigan-based Comerica Commercial Bank has invested 0.02% in 8×8, Inc. (NYSE:EGHT). Bluemountain Capital Ltd Liability holds 0.01% of its capital in 8×8, Inc. (NYSE:EGHT) for 10,201 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 6,407 shs or 0% of its capital. Goldman Sachs Group holds 677,781 shs or 0% of its capital. Ls Inv Ltd reported 0.01% stake.

8×8, Inc. registered $66,930 net activity with 1 buy and 1 insider sale since October 21, 2018. On Sunday, October 21 Potter Ian had sold 1,690 shs worth $31,015.

Change of 57.35% for 8×8 Inc (NYSE:EGHT)’s shorted shares was registered. FINRA announced in April EGHT’s total 5.30 million shorted shares. The 3.37M previous shares are up with 57.35%. With Average volume 1.67 million, EGHT’s former position will take 3 days to restore.

EGHT hit $22.27 during the last trading session after $0.21 change.Currently 8×8, Inc. is uptrending after 2.30% change in last April 16, 2018. EGHT has 83,429 shares volume. EGHT underperformed by 2.07% the S&P 500.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide.The firm is valued at $2.13 billion. The firm operates in two divisions, Americas and Europe.Currently it has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.

For more 8×8, Inc. (NYSE:EGHT) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Streetinsider.com or Seekingalpha.com. The titles are as follows: “Comms firm 8×8 -9.3% with B. Riley skeptical into earnings – Seeking Alpha” announced on January 28, 2019, “Comms firm 8×8 slides after double-digit revenue increase (updated) – Seeking Alpha” on January 29, 2019, “Short guidance knocks out 2019 gains for 8×8 – Seeking Alpha” with a publish date: January 30, 2019, “8×8 (EGHT) PT Raised to $25 at Oppenheimer After Meeting with Management – StreetInsider.com” and the last “8×8 Inc. Has Good Long-Term Potential – Seeking Alpha” with publication date: March 29, 2019.

8x8, Inc. (NYSE:EGHT) 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.