After Reaching Milestone, Is Calix Inc (NYSE:CALX)’s Short Interest Revealing Something?

June 24, 2018 - By Migdalia James

Calix, Inc. (NYSE:CALX) Logo

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.11, from 1.03 in 2017Q4. It improved, as 5 investors sold Calix, Inc. shares while 30 reduced holdings. 14 funds opened positions while 26 raised stakes. 28.44 million shares or 0.33% less from 28.54 million shares in 2017Q4 were reported.
Morgan Stanley holds 119,946 shares. Horrell Mngmt stated it has 900,000 shares or 3.24% of all its holdings. Connecticut-based Lapides Asset Mgmt Ltd Liability Corporation has invested 4.43% in Calix, Inc. (NYSE:CALX). Reilly Advisors Limited Liability Corp holds 0% or 3,700 shares in its portfolio. Wedge L L P Nc has invested 0.01% in Calix, Inc. (NYSE:CALX). Aperio Gru Ltd Llc has 0% invested in Calix, Inc. (NYSE:CALX) for 12,366 shares. 100 were reported by Whittier. Willingdon Wealth Mgmt owns 29 shares for 0% of their portfolio. Bridgeway Cap Inc invested in 0% or 50,000 shares. Peak6 Invests Ltd Partnership holds 0% of its portfolio in Calix, Inc. (NYSE:CALX) for 157,219 shares. Tci Wealth Advsrs invested 0% in Calix, Inc. (NYSE:CALX). Parallax Volatility Advisers Lp accumulated 57,750 shares. Voya Mgmt Limited Liability Com has invested 0% of its portfolio in Calix, Inc. (NYSE:CALX). The Massachusetts-based Acadian Asset Mngmt Limited Liability has invested 0% in Calix, Inc. (NYSE:CALX). 16,219 were reported by Goldman Sachs Gru.

The stock of Calix Inc (NYSE:CALX) registered a decrease of 3.15% in short interest. CALX’s total short interest was 1.53 million shares in June as published by FINRA. Its down 3.15% from 1.58 million shares, reported previously. With 154,600 shares average volume, it will take short sellers 10 days to cover their CALX’s short positions. The short interest to Calix Inc’s float is 4.54%.

The stock increased 1.27% or $0.1 during the last trading session, reaching $8. About 744,058 shares traded or 305.19% up from the average. Calix, Inc. (NYSE:CALX) has declined 1.49% since June 24, 2017 and is downtrending. It has underperformed by 14.06% the S&P500.

Calix, Inc., together with its subsidiaries, develops, markets, and sells broadband communications access platforms, systems, and software for fiber- and copper network architectures that enable communications service providers to transform networks and connect to residential and business subscribers. The company has market cap of $415.77 million. The firm develops and sells carrier-class hardware and cloud products to enhance and transform CSP access networks to meet the demands of subscribers. It currently has negative earnings. The Company’s portfolio consists of three core systems and/or nodes: E-Series access systems and nodes, B6 access nodes, and the C7 multiservice, multiprotocol access system.

Calix, Inc. (NYSE:CALX) Ratings Coverage

Among 2 analysts covering Calix (NYSE:CALX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Calix had 3 analyst reports since February 14, 2018 according to SRatingsIntel. The company was maintained on Wednesday, May 9 by Drexel Hamilton. The stock of Calix, Inc. (NYSE:CALX) has “Outperform” rating given on Wednesday, February 14 by Northland Capital.

More news for Calix, Inc. (NYSE:CALX) were recently published by: Globenewswire.com, which released: “Bloomer Feeds the Vitality of its Community with a Software Defined Access Network Built on Calix AXOS E7-2 GPON …” on June 14, 2018. Globenewswire.com‘s article titled: “Nemont Uncovers New Revenue Opportunities with Calix Marketing Cloud Behavioral Analytics” and published on June 21, 2018 is yet another important article.

Calix, Inc. (NYSE:CALX) Institutional Positions Chart

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