Arris International Plc – Ordinary Shares (NASDAQ:ARRS) Just Reported Increased Shorts

September 16, 2018 - By Sheila Pollock

ARRIS International plc (NASDAQ:ARRS) Logo

Investors sentiment decreased to 0 in 2018 Q2. Its down 1.00, from 1 in 2018Q1. It is negative, as 0 investors sold ARRIS International plc shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 212,746 shares or 4.36% less from 222,456 shares in 2018Q1 were reported.
The Pennsylvania-based Vantage Inv Advisors Ltd Liability Com has invested 0.01% in ARRIS International plc (NASDAQ:ARRS). First Financial Bank Of Omaha accumulated 64,640 shares or 0.11% of the stock. The Connecticut-based Baxter Bros has invested 0.96% in ARRIS International plc (NASDAQ:ARRS). Gemmer Asset Mgmt Ltd Limited Liability Company accumulated 112 shares.

The stock of Arris International Plc – Ordinary Shares (NASDAQ:ARRS) registered an increase of 16.25% in short interest. ARRS’s total short interest was 9.24M shares in September as published by FINRA. Its up 16.25% from 7.95M shares, reported previously. With 1.12M shares average volume, it will take short sellers 8 days to cover their ARRS’s short positions. The short interest to Arris International Plc – Ordinary Shares’s float is 5.47%.

The stock increased 0.57% or $0.15 during the last trading session, reaching $26.64. About 1.20 million shares traded. ARRIS International plc (NASDAQ:ARRS) has declined 5.03% since September 16, 2017 and is downtrending. It has underperformed by 20.65% the S&P500.

ARRIS International plc, together with its subsidiaries, provides media entertainment and data communications solutions in the United States and internationally. The company has market cap of $4.80 billion. It operates through two divisions, Customer Premises Equipment and Network & Cloud. It has a 40.3 P/E ratio. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and wireless connectivity or other wired connectivity products that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers.

ARRIS International plc (NASDAQ:ARRS) Ratings Coverage

Among 3 analysts covering Arris Group (NASDAQ:ARRS), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Arris Group had 3 analyst reports since March 22, 2018 according to SRatingsIntel. As per Thursday, March 22, the company rating was initiated by Barclays Capital. As per Wednesday, June 20, the company rating was downgraded by Goldman Sachs.

Another recent and important ARRIS International plc (NASDAQ:ARRS) news was published by Streetinsider.com which published an article titled: “ARRIS Group (ARRS) Reports Additional High-Profile Customer Wins at IBC” on September 13, 2018.

ARRIS International plc (NASDAQ:ARRS) Ratings Chart

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