Rignet Inc (NASDAQ:RNET) Short Interest Reduced By 22.01%

RigNet, Inc. (NASDAQ:RNET) Corporate Logo

During 2018 Q4 the big money sentiment increased to 1.2. That’s change of 0.14, from 2018Q3’s 1.06. 7 investors sold all, 18 reduced holdings as RigNet, Inc. ratio is positive. 20 rose holdings while 10 funds bought holdings. Funds hold 16.38 million shares thus 1.05% more from 2018Q3’s 16.21 million shares.
Bridgeway Cap Mgmt invested 0% in RigNet, Inc. (NASDAQ:RNET). 387 are owned by Federated Pa. Essex Investment Mgmt Commerce Ltd Liability holds 21,807 shs or 0.04% of its capital. Millennium Management Ltd Liability Company owns 16,054 shs for 0% of their capital. Tower Limited Liability Corp (Trc) stated it has 5,927 shs or 0.01% of all its holdings. Bnp Paribas Arbitrage stated it has 880 shs or 0% of all its holdings. Jpmorgan Chase And reported 0% stake. Tiaa Cref Invest Mngmt Ltd Liability has 0% invested in RigNet, Inc. (NASDAQ:RNET). The Georgia-based Invesco Limited has invested 0% in RigNet, Inc. (NASDAQ:RNET). Geode Cap Management Ltd has 161,102 shs. Blackrock has invested 0% in RigNet, Inc. (NASDAQ:RNET). Citadel Advsrs Limited Liability has 0% invested in RigNet, Inc. (NASDAQ:RNET). Susquehanna International Llp invested in 0% or 13,365 shs. Ameritas Investment Prtnrs invested in 1,109 shs. Rhumbline Advisers owns 19,697 shs for 0% of their capital.

RigNet, Inc. registered $96,151 net activity with 0 insider purchases and 2 insider sales since November 15, 2018. Shares for $50,200 were sold by Mulloy Kevin C. on Thursday, November 15.

Change of 22.01% for Rignet Inc (NASDAQ:RNET)’s short interest was showed. In April was announced RNET’s total 237,800 short interest by FINRA. Previously was reported down change of 22.01% from 304,900 shares. Former RNET’s position will need 15 days to restore. It has 16,400 average volume. Float short on Rignet Inc is 2.07%.

The stock decreased 0.59% or $0.06 during the last trading session, touching $10.12.Currently RigNet, Inc. is uptrending after 14.52% change in last April 18, 2018. RNET has also 17,229 shares volume. RNET outperformed the S&P 500 by 10.15%.

RigNet, Inc. provides systems and solutions for clients with data networking and operational requirements the United States and internationally.The company has $197.05 million market cap. The firm operates through two divisions, Managed Services; and Systems Integration and Automation.Last it reported negative earnings. It offers remote communications services for offshore and onshore drilling rigs and production facilities, as well as support vessels and other remote sites; multiprotocol label switching global network services; proactive network monitoring and management through network activities centers; and systems integration services to design, assemble, install, and commission turn-key solutions for customer communications systems.

For more RigNet, Inc. (NASDAQ:RNET) news posted briefly go to: Fool.com, Globenewswire.com, Seekingalpha.com, Streetinsider.com or Nasdaq.com. The titles are as follows: “Why Aphria, GlaxoSmithKline, and RigNet Slumped Today – The Motley Fool” posted on December 03, 2018, “RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results – GlobeNewswire” on March 14, 2019, “RigNet Is Going Parabolic – Seeking Alpha” with a publish date: September 13, 2018, “RigNet (RNET) CFO Chip Schneider to Depart – StreetInsider.com” and the last “RigNet (RNET) is in Overbought Territory: What’s Next? – Tale of the Tape – NASDAQ” with publication date: July 14, 2014.

RigNet, Inc. (NASDAQ:RNET) Institutional Investors Chart

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