Shares are trading at $13.30 which is quite a bit above the 50 day moving average of $11.30 and which is significantly above the 200 day moving average of $4.87. The 50 day moving average was up $2.00 or +17.69% and the 200 day average was up $8.43. Trading was heavy with 2,812K shares changing hands by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 4.12% over the normal average daily volume.
Investors are more bearish on Helios and Matheson Analytics I if you take a look at the motion in short interest. The company realized a rise in short interest of 73.53% as of September 29, 2017 from the last reporting period. Short interest increased from 750,494 to 1,302,298 over that timeframe. With short interest at 1,302,298 and short average daily volume at 9,059,968, days to cover is 0.0 and the percentage of shorted shares was 0.20% on September 29.
The following firms have recently changed their position in HMNY. Vanguard Group Inc grew its ownership by buying 4,311 shares an increase of 19.0% in the quarter. Vanguard Group Inc now controls 27,056 shares worth $66,000. The value of the position overall is up by 3.1%. As of quarter end Price T Rowe Associates Inc /md/ had bought a total of 20,407 shares growing its position 81.5%. The value of the company’s investment in Helios and Matheson Analytics I increased from $71,000 to $111,000 a change of 56.3% quarter over quarter.
As of the end of the quarter Deutsche Bank Ag had acquired 500 shares growing its holdings by 166.7%. The value of the investment in HMNY went from $0 to $1,000 a change of $1,000 quarter to quarter. As of quarter end Ubs Group Ag had bought a total of 3,875 shares growing its stake by 337.8%. The value of the total investment in Helios and Matheson Analytics I went from $3,000 to $12,000 increasing 300.0% since the last quarter.
Helios and Matheson Analytics Inc., launched on October 1, 2009, is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services..