Cass Information Systems Inc (NASDAQ:CASS) Has Decline in Shorts

April 20, 2018 - By Kurt Siggers

Investors sentiment increased to 4.76 in 2017 Q4. Its up 2.91, from 1.85 in 2017Q3. It increased, as 5 investors sold Cass Information Systems, Inc. shares while 12 reduced holdings. 15 funds opened positions while 66 raised stakes. 12.18 million shares or 135.65% more from 5.17 million shares in 2017Q3 were reported.
Los Angeles Capital Mngmt And Equity invested in 16,785 shares. New York State Common Retirement Fund owns 17,297 shares. Nelson Van Denburg & Campbell Wealth Mgmt Gp Limited Co owns 8,140 shares for 0.11% of their portfolio. 6,578 were accumulated by Brown Advisory Incorporated. 5,954 were reported by Envestnet Asset Mgmt. State Board Of Administration Of Florida Retirement reported 0% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS). Ameritas Prtnrs has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Deutsche Retail Bank Ag accumulated 0% or 63,531 shares. Huntington Fincl Bank holds 0% of its portfolio in Cass Information Systems, Inc. (NASDAQ:CASS) for 1,408 shares. Bank & Trust Of America De owns 0% invested in Cass Information Systems, Inc. (NASDAQ:CASS) for 70,840 shares. Ubs Asset Americas Incorporated holds 0% in Cass Information Systems, Inc. (NASDAQ:CASS) or 5,149 shares. Swiss Commercial Bank has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS). Employees Retirement Association Of Colorado owns 4,752 shares. Credit Suisse Ag accumulated 11,975 shares or 0% of the stock. Franklin Res has invested 0% in Cass Information Systems, Inc. (NASDAQ:CASS).

Since December 13, 2017, it had 1 insider buy, and 1 insider sale for $148,878 activity. $204,268 worth of Cass Information Systems, Inc. (NASDAQ:CASS) was sold by BRUNNGRABER ERIC H.

The stock of Cass Information Systems Inc (NASDAQ:CASS) registered a decrease of 14.48% in short interest. CASS’s total short interest was 228,000 shares in April as published by FINRA. Its down 14.48% from 266,600 shares, reported previously. With 36,100 shares average volume, it will take short sellers 6 days to cover their CASS’s short positions. The short interest to Cass Information Systems Inc’s float is 2.29%.

The stock increased 0.42% or $0.26 during the last trading session, reaching $61.51. About 16,924 shares traded. Cass Information Systems, Inc. (NASDAQ:CASS) has declined 0.39% since April 20, 2017 and is downtrending. It has underperformed by 11.94% the S&P500.

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company has market cap of $755.76 million. It operates through two divisions, Information Services and Banking Services. It has a 30.6 P/E ratio. The companyÂ’s services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information.

Cass Information Systems, Inc. (NASDAQ:CASS) Institutional Positions Chart

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