Telenav Inc (NASDAQ:TNAV) Sellers Decreased By 5.75% Their Shorts

June 27, 2018 - By Ira Colvard

Telenav, Inc. (NASDAQ:TNAV) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1. That’s change of 0.56, from 2017Q4’s 1.56. 10 investors sold all, 19 reduced holdings as Telenav, Inc. ratio dived. 22 rose holdings while 7 funds bought holdings. Funds hold 17.67 million shares thus 0.20% less from 2017Q4’s 17.70 million shares.
D E Shaw & Inc reported 104,395 shs. Millennium Mgmt Limited Liability reported 0% stake. Bnp Paribas Arbitrage Sa stated it has 0% of its capital in Telenav, Inc. (NASDAQ:TNAV). Strs Ohio invested 0% of its capital in Telenav, Inc. (NASDAQ:TNAV). Legal General Grp Public Limited Co has 6,027 shs. Jpmorgan Chase Communication owns 31,688 shs. Ariel Investments Limited Liability accumulated 3.93 million shs. Invesco Ltd invested in 0% or 37,386 shs. Barclays Public Limited Co invested in 5,962 shs or 0% of the stock. King Luther Cap accumulated 64,000 shs or 0% of the stock. Schwab Charles Inv Mngmt owns 53,800 shs or 0% of their US capital. Citigroup holds 4,203 shs or 0% of its capital. Prudential Finance holds 0% or 96,335 shs. Northern Trust accumulated 0% or 331,043 shs. Jacobs Levy Equity stated it has 0.01% in Telenav, Inc. (NASDAQ:TNAV).

Telenav, Inc. had 0 selling transactions and 2 buys since February 6, 2018. This’s net activity of $163,827.

It was showed a decrease on Telenav Inc (NASDAQ:TNAV)’s short interest with 5.75%. FINRA announced in June TNAV’s total 426,300 short interest. The down change of 5.75% from 452,300 shares was reported. With Average volume 28,000, TNAV’s previous position will take 15 days to recover. Telenav Inc’s short interest float is 1.6%.

TNAV touched $6.05 during the last trading session after $0.05 change.Telenav, Inc. is downtrending after having declined 33.33% since June 27, 2017. TNAV has 91,991 volume or 21.47% up from normal. TNAV underperformed by 45.90% the S&P500.

Telenav, Inc., together with its subsidiaries provides connected car and location platform services in the United States and internationally.The company has $270.70 million market cap. The firm operates through three divisions: Automotive, Advertising, and Mobile Navigation.Currently it has negative earnings. It offers automotive navigation services, including on-board solutions, which consist of software, map, and points of interest data loaded in vehicles that provide voice-guided turn by turn navigation displayed on the vehicle screen; and mobile phone wireless connectivity and brought-in navigation services.

Telenav, Inc. (NASDAQ:TNAV) Institutional Investors Chart

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