As of Jun 29, 2018 Zagg Inc (NASDAQ:ZAGG) Shorts Reduced By 14.55%

June 29, 2018 - By Heather Owens

ZAGG Inc (NASDAQ:ZAGG) Corporate Logo

Big Money Sentiment decreased to 1.16 in Q1 2018. It has change of 0.22, from 2017Q4’s 1.38. The ratio turned negative due to ZAGG Inc positioning: 23 sold and 38 reduced. 26 funds took stakes and 45 increased stakes. Investors holded 21.35 million in 2017Q4 but now own 23.24 million shares or 8.83% more.
76,041 were accumulated by Wellington Limited Liability Partnership. Yorktown Management Rech Company owns 14,200 shs. Chicago Equity Partners Ltd Liability Corp stated it has 0.02% in ZAGG Inc (NASDAQ:ZAGG). Perritt Cap Mgmt has invested 0.39% in ZAGG Inc (NASDAQ:ZAGG). American Inc holds 0% or 17,381 shs. 508 were accumulated by Meeder Asset Management. Barclays Public Ltd accumulated 0% or 21,197 shs. 22,235 were accumulated by Citigroup. Landscape Cap Limited Liability has invested 0.35% in ZAGG Inc (NASDAQ:ZAGG). Goldman Sachs Group stated it has 0% in ZAGG Inc (NASDAQ:ZAGG). The Massachusetts-based Moors & Cabot has invested 0.06% in ZAGG Inc (NASDAQ:ZAGG). Lucus Advisors Ltd Liability Co invested 0.37% in ZAGG Inc (NASDAQ:ZAGG). Wedge Cap Management L Ltd Partnership Nc owns 39,709 shs. Moreover, Balyasny Asset Lc has 0% invested in ZAGG Inc (NASDAQ:ZAGG) for 29,539 shs. Millennium Mgmt Limited Liability Company has 688,149 shs.

ZAGG Inc had 2 insider sales and 0 insider buys since May 11, 2018. This’s net activity of $575,469. LARABEE CHERYL A also sold $269,412 worth of ZAGG Inc (NASDAQ:ZAGG) on Friday, May 11.

Change of 14.55% for Zagg Inc (NASDAQ:ZAGG)’s short interest was registered. It was issued in June by FINRA the 1.37M short interest on ZAGG. That’s 14.55% down from 1.61M shares. Zagg Inc (NASDAQ:ZAGG) has 219,400 shares average volume. It’ll cost 6 days for ZAGG to restore its former position. 5.14% is Zagg Inc float short.

The stock decreased 3.02% or $0.525 during the last trading session, hitting $16.875.ZAGG Inc has volume of 210,903 shares. Since June 29, 2017 ZAGG has risen 87.12% and is uptrending. ZAGG outperformed the S&P 500 by 74.55%.

ZAGG Inc, together with its subsidiaries, designs, makes, and distributes mobile tech accessories for smartphones and tablets in the United States, Europe, and internationally.The firm is valued at $478.25 million. The firm operates through ZAGG and mophie divisions.17.15 is the P/E ratio. It offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; earbuds, headphones, Bluetooth speakers, and cables under the ZAGG, InvisibleShield, IFROGZ, and mophie brands.

ZAGG Inc (NASDAQ:ZAGG) Ratings Coverage

A total of 6 analysts rate Zagg Inc (NASDAQ:ZAGG) as follows: 4 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NASDAQ:ZAGG) has 7 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Thursday, March 8 B. Riley & Co downgraded the shares of ZAGG in report to “Neutral” rating. On Wednesday, January 3 the firm earned “Buy” rating by Craig Hallum. On Wednesday, January 17 the stock of ZAGG Inc (NASDAQ:ZAGG) has “Buy” rating given by FBR Capital. On Thursday, March 8 the stock has “Buy” rating by Northland Capital. On Monday, March 5 the stock has “Hold” rating by Roth Capital. On Thursday, March 8 the rating was maintained by Craig Hallum with “Buy”.

A couple more ZAGG Inc (NASDAQ:ZAGG) news were posted by: Seekingalpha.com which released on June 13, 2018 “I Think The Street Is Underestimating Zagg’s Potential Zip”, also Investorplace.com on June 26, 2018 posted “Top 10 Stocks Under $20”, the next Globenewswire.com is “ZAGG Introduces the Nomad Book and Messenger Folio Keyboards” on June 26, 2018. Globenewswire.com has article titled “Recent Analysis Shows Enel Américas, ZAGG, DCT Industrial Trust, Community Healthcare Trust, Wabash National …”.

ZAGG Inc (NASDAQ:ZAGG) Institutional Investors Chart

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