Commscope Holding Company Inc (NASDAQ:COMM) Sellers Declined Their Shorts By 29.53%

April 16, 2018 - By Frank Plummer

CommScope Holding Company, Inc. (NASDAQ:COMM) Corporate Logo

Big Money Sentiment increased to 0.98 in 2017 Q4. It has change of 0.26, from 2017Q3’s 0.72. The ratio improved due to CommScope Holding Company, Inc. positioning: 41 sold and 77 reduced. 45 funds bought positions and 71 increased positions. Investors holded 191.80 million in 2017Q3 but now own 193.85 million shares or 1.07% more.
Dorsal Capital Management Ltd Liability Com has 1.88 million shs for 3.5% of their capital. State Common Retirement Fund has invested 0.02% of its capital in CommScope Holding Company, Inc. (NASDAQ:COMM). Ftb Advisors holds 558 shs or 0% of its capital. Glob Endowment Mngmt L P has 0.13% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 23,120 shs. Dreman Value L L C holds 0.01% or 489 shs in its capital. First Quadrant Lp Ca holds 0% or 5,300 shs. Wealthtrust accumulated 336 shs or 0.01% of the stock. Goodnow Inv Gru Limited Liability Company invested in 5.45% or 786,402 shs. 301 are owned by Clearbridge Ltd Liability Corporation. Numeric Invsts Ltd Llc holds 30,700 shs. 386,631 are owned by Mitsubishi Ufj Tru Corp. 97,603 were accumulated by British Columbia Inv. Tiaa Cref Mgmt Lc holds 1.13M shs. 5,313 were reported by Koch Indus. D E Shaw & Incorporated reported 0.03% in CommScope Holding Company, Inc. (NASDAQ:COMM).

Commscope Holding Company Inc (NASDAQ:COMM) had a decrease of its shorted shares by 29.53%. It was published in April by FINRA the 6.86M shorted shares on COMM. The 9.74 million previous shares are down with 29.53%. Former COMM’s position will need 3 days to restore. It has 2.03 million average volume. 3.9% is Commscope Holding Company Inc float short.

Its shares touched $40.625 on during the last trading session after 0.54% change.Currently CommScope Holding Company, Inc. is downtrending after 4.00% change in last April 16, 2017. COMM has 677,861 shares volume. COMM underperformed the S&P 500 by 15.55%.

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide.The firm is valued at $7.80 billion. The companyÂ’s CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, AMP NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, complete cabling systems, and cable assemblies for use in offices and data centers.41.45 is the P/E ratio. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators.

CommScope Holding Company, Inc. (NASDAQ:COMM) Ratings Coverage

In total 5 analysts cover CommScope Holding Co (NASDAQ:COMM). “Buy” rating has 4, “Sell” are 0, while 1 are “Hold”. 80% are bullish. 7 are the (NASDAQ:COMM)’s analyst reports since November 2, 2017 according to StockzIntelligence Inc. On Thursday, November 2 the firm has “Buy” rating by Citigroup given. On Wednesday, February 14 the stock has “Overweight” rating by Barclays Capital. On Friday, March 9 the stock of CommScope Holding Company, Inc. (NASDAQ:COMM) has “Buy” rating given by Citigroup. On Friday, February 16 Northland Capital maintained CommScope Holding Company, Inc. (NASDAQ:COMM) rating. Northland Capital has “Hold” rating and $33.0 target. On Friday, January 26 the company was upgraded by Longbow. On Thursday, February 15 the stock has “Buy” rating by Jefferies.

CommScope Holding Company, Inc. (NASDAQ:COMM) Institutional Investors Chart

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