Monotype Imaging Holdings Inc (NASDAQ:TYPE) Shorts Increased By 191.9%

May 3, 2018 - By Sarah Harris

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Corporate Logo

Big Money Sentiment increased to 1.11 in Q4 2017. It has change of 0.24, from 2017Q3’s 0.87. The ratio improved due to Monotype Imaging Holdings Inc. positioning: 18 sold and 43 reduced. 33 funds amassed positions and 35 increased positions. Investors holded 38.02 million in 2017Q3 but now own 36.73 million shares or 3.37% less.
Piedmont Invest Advsrs Limited Liability reported 8,579 shs. Starboard Value Lp holds 2.01% or 3.40 million shs in its capital. Royal Bank & Trust Of Canada holds 2,839 shs or 0% of its capital. Parametric Port Assoc Ltd Llc reported 71,488 shs. Franklin Res Inc has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Wells Fargo Communication Mn reported 70,839 shs stake. Metropolitan Life Ins Commerce New York holds 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) for 12,909 shs. First Tru Advsr Ltd Partnership has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Fmr Ltd holds 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) for 1.77 million shs. Great West Life Assurance Can stated it has 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). American has 33,092 shs. California Public Employees Retirement Systems reported 46,922 shs or 0% of all its holdings. Patten Group Inc Inc stated it has 100 shs. Sei Investments reported 0% stake. Envestnet Asset Management holds 1,502 shs.

Monotype Imaging Holdings Inc. registered $1.25 million net activity with 0 buys and 5 insider sales since January 11, 2018. On Monday, April 2 Zucker Brett Scott sold $22,300 worth of Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Dunlap Janet M had sold 2,000 shs worth $50,000.

Monotype Imaging Holdings Inc (NASDAQ:TYPE) recorded an increase of 191.9% in shares shorted. In May was announced TYPE’s total 724,800 shares shorted by FINRA. The up change of 191.9% from 248,300 shares was reported. With Average volume 273,500, TYPE’s former position will take 3 days to recover. 2.42% is Monotype Imaging Holdings Inc float short.

TYPE touched $21.3 during the last trading session after $0.25 change.Monotype Imaging Holdings Inc. has volume of 234,453 shares. Since May 3, 2017 TYPE has risen 17.05% and is uptrending. TYPE outperformed by 5.50% the S&P 500.

Monotype Imaging Holdings Inc. develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and rest of Asia.The firm is valued at $857.48 million. The firm offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including myfonts.com, fonts.com, fontshop.com, and linotype.com.The P/E ratio is 79.48. It also provides font scaling engine and font compression technologies that are compatible with virtually font formats and industry standards, including the PostScript and PCL printing languages; font solutions for consumer device manufacturers, including Edge and SmartHint technologies for precise pixel adjustments to enable fonts to display with optimal quality in suboptimal display environments; printer driver kits; and fonts for printer manufacturers.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Ratings Coverage

A total of 3 analysts rate Monotype (NASDAQ:TYPE) as follows: 2 “Buy”, 0 “Hold” and 1 “Sell”. Тherefore 67% are bullish. The firm has $31.0 highest and $24.0 lowest target. The avg target $27.50 is 29.11% above the last ($21.3) price. (NASDAQ:TYPE) has 3 ratings reports on May 3, 2018 according to StockzIntelligence. In Tuesday, February 20 report B. Riley & Co upgraded the stock to “Buy” rating. On Tuesday, February 20 the company was upgraded by FBR Capital. On Tuesday, December 12 the rating was downgraded by J.P. Morgan to “Sell”.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Institutional Investors Chart

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