Usa Technologies Inc (NASDAQ:USAT) Short Interest Decreased By 2.18%

June 27, 2018 - By Bridget Boland

USA Technologies, Inc. (NASDAQ:USAT) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.44. That’s change of 0.28, from 2017Q4’s 1.16. 13 investors sold all, 23 reduced holdings as USA Technologies, Inc. ratio improved. 36 grew positions while 16 funds amassed positions. Funds hold 32.20 million shares thus 17.02% more from 2017Q4’s 27.52 million shares.
Foundation Capital Llc owns 5.2% invested in USA Technologies, Inc. (NASDAQ:USAT) for 1.03M shs. Chevy Chase Trust Inc has 0% invested in USA Technologies, Inc. (NASDAQ:USAT). Shannon River Fund Management Limited Liability Co, New York-based fund reported 265,040 shs. Sei Invs stated it has 5,413 shs. Timpani Cap Ltd Llc has invested 1.48% in USA Technologies, Inc. (NASDAQ:USAT). Aqr Capital Mgmt Limited Liability Corporation has invested 0% in USA Technologies, Inc. (NASDAQ:USAT). Blackrock Inc owns 3.12M shs. Perritt Cap Mgmt reported 0.45% in USA Technologies, Inc. (NASDAQ:USAT). Ubs Asset Americas accumulated 1.08 million shs or 0% of the stock. Barclays Public Ltd Co holds 10,059 shs. Citigroup has 0% invested in USA Technologies, Inc. (NASDAQ:USAT) for 4,605 shs. Axiom International Invsts Limited Liability Corporation De holds 229,925 shs or 0.05% of its capital. Emerald Advisers Inc Pa accumulated 1.10M shs. Manatuck Hill Ltd Liability holds 0.32% or 67,000 shs. Rhumbline Advisers reported 41,697 shs.

It was reported a decrease on Usa Technologies Inc (NASDAQ:USAT)’s shares shorted with 2.18%. It was announced in June by FINRA the 4.09M shares shorted on USAT. That’s 2.18% down from 4.18 million shares. Usa Technologies Inc (NASDAQ:USAT) has 361,200 shares average volume. It’ll cost 11 days for USAT to recover its former position. Float short on Usa Technologies Inc is 8.96%.

USAT is hitting $13.25 during the last trading session, after decreased 1.49%.USA Technologies, Inc. has volume of 47,670 shares. Since June 27, 2017 USAT has risen 181.25% and is uptrending. USAT outperformed by 168.68% the S&P 500.

USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally.The firm is worth $795.01 million. It creates and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine services.Currently it has negative earnings. The company's ePort Connect solution offers various POS options, card processing, wireless connectivity, customer/consumer, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, as well as planning, project management, installation support, marketing, and performance evaluation services.

USA Technologies, Inc. (NASDAQ:USAT) Ratings Coverage

In total 2 analysts cover USA Technologies (NASDAQ:USAT). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NASDAQ:USAT) has 100% bullish analysts. 4 are the (NASDAQ:USAT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, June 13 the stock has “Buy” rating by Lake Street. The company rating was maintained by Barrington on Tuesday, April 3.

Another two news for USA Technologies, Inc. (NASDAQ:USAT) were recently brought out by: Nasdaq.com on June 09, 2018 with title “KBW Announces Index Rebalancing for Second-Quarter 2018”. The other Globenewswire.com‘s article was titled “Recent Analysis Shows USA Technologies, MBIA, Blue Apron, Dunkin’ Brands Group, Huntington Bancshares, and …” and brought out on June 27, 2018.

USA Technologies, Inc. (NASDAQ:USAT) Institutional Investors Chart

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