Monotype Imaging Holdings Inc (NASDAQ:TYPE) Shorts Declined By 34.69% As Of Jun 27, 2018

June 27, 2018 - By Lena Young

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

During Q1 2018 the big money sentiment increased to 1.66. That’s change of 0.55, from 2017Q4’s 1.11. 19 investors sold all, 28 reduced holdings as Monotype Imaging Holdings Inc. ratio increased. 47 grew positions while 31 funds bought positions. Funds hold 37.05 million shares thus 0.85% more from 2017Q4’s 36.73 million shares.
Regions Finance holds 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) or 1,305 shs. Citigroup accumulated 0% or 39,295 shs. 26 are held by Parkside Finance State Bank Tru. Comerica National Bank & Trust stated it has 43,584 shs or 0.01% of all its holdings. Ls Invest Advsr Limited Liability Corporation has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Schwab Charles Invest Management Inc has invested 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). D E Shaw & has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Patten Gru Inc reported 100 shs. First Trust Advisors Limited Partnership holds 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) for 13,188 shs. State Street stated it has 1.15M shs. Sg Americas Ltd Liability Com has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Bessemer Group stated it has 46,700 shs. Geode Cap Mgmt Limited Liability Company invested in 0% or 381,378 shs. Ny State Common Retirement Fund invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Public Sector Pension Investment Board has invested 0% of its capital in Monotype Imaging Holdings Inc. (NASDAQ:TYPE).

Monotype Imaging Holdings Inc. registered $2.52 million net activity with 0 insider buys and 11 insider sales since January 11, 2018. On Friday, June 15 1,000 shs were sold by Semmes Benjamin W.L. III, worth $21,850. $29,675 worth of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) shs were sold by Dunlap Janet M. 1,000 shs valued at $21,800 were sold by Zucker Brett Scott on Friday, June 22.

It was noted a decrease on Monotype Imaging Holdings Inc (NASDAQ:TYPE)’s shorted shares with 34.69%. In June was announced TYPE’s total 550,400 shorted shares by FINRA. The down change of 34.69% from 842,700 shares was reported. 2 days will cost TYPE with 293,200 average volume to restore its former position. Monotype Imaging Holdings Inc float short is 1.84%.

The stock decreased 0.48% or $0.1 during the last trading session, touching $20.6.Monotype Imaging Holdings Inc. has volume of 4,057 shares. Since June 27, 2017 TYPE has risen 10.28% and is uptrending. TYPE underperformed the S&P500 by 2.29%.

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 company has $829.30 million market cap. 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.76.87 is the P/E ratio. 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

In total 2 analysts cover Monotype (NASDAQ:TYPE). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NASDAQ:TYPE) has 100% bullish analysts. With $31.0 highest and $3100 lowest target, Monotype has $31 average target or 50.49% above the current ($20.6) price. 3 are the (NASDAQ:TYPE)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, February 20 FBR Capital upgraded the shares of TYPE in report to “Buy” rating. On Tuesday, February 20 the firm has “Buy” rating by B. Riley & Co given. In Tuesday, June 12 report FBR Capital maintained it with “Buy” rating and $3100 target.

Another two news for Monotype Imaging Holdings Inc. (NASDAQ:TYPE) were briefly brought out by: Benzinga.com on June 26, 2018 with title “Extensis and Monotype Form Strategic Partnership to Integrate World’s Largest Font Collection with Industry Leading …”. The other Businesswire.com‘s article was titled “M-Kit by Monotype Makes Deploying Legible Text Across Devices Simple and Scalable” and brought out on June 26, 2018.

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

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