What’s in Visteon Corporation (NASDAQ:VC) After Decline in Shorted Shares?

March 14, 2018 - By Graig Alexander

 What’s in Visteon Corporation (NASDAQ:VC) After Decline in Shorted Shares?

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.14, from 0.97 in 2017Q2. It improved, as 22 investors sold Visteon Corporation shares while 83 reduced holdings. 40 funds opened positions while 77 raised stakes. 28.74 million shares or 6.57% less from 30.76 million shares in 2017Q2 were reported.
Solus Alternative Asset Mgmt Lp stated it has 630,318 shares. Globeflex Cap Ltd Partnership holds 0.2% in Visteon Corporation (NASDAQ:VC) or 5,806 shares. Commonwealth Equity holds 0.01% in Visteon Corporation (NASDAQ:VC) or 7,972 shares. Cookson Peirce And reported 66,060 shares. Pacific Alternative Asset Co Llc has 0.4% invested in Visteon Corporation (NASDAQ:VC). The Colorado-based Alps Advsr has invested 0% in Visteon Corporation (NASDAQ:VC). Schwab Charles Investment Management has invested 0.01% in Visteon Corporation (NASDAQ:VC). Bluemountain Management Limited Liability reported 18,074 shares stake. Morgan Stanley reported 166,225 shares. 35,337 are held by Rhumbline Advisers. Old Mutual Investors (Uk) owns 171,611 shares. Voya Invest Mgmt Limited Company owns 11,892 shares or 0% of their US portfolio. Invesco Ltd holds 0.04% or 970,002 shares. Leucadia Natl reported 0.16% stake. New York-based Spark Investment Ltd Liability Corporation has invested 0.26% in Visteon Corporation (NASDAQ:VC).

Since September 15, 2017, it had 0 buys, and 6 sales for $1.86 million activity. 1,106 shares valued at $133,959 were sold by Vallance Robert R on Tuesday, September 19. Marianos Stephanie S had sold 512 shares worth $61,307.

The stock of Visteon Corporation (NASDAQ:VC) registered a decrease of 13.84% in short interest. VC’s total short interest was 962,700 shares in March as published by FINRA. Its down 13.84% from 1.12 million shares, reported previously. With 356,900 shares average volume, it will take short sellers 3 days to cover their VC’s short positions. The short interest to Visteon Corporation’s float is 3.1%.

The stock decreased 1.23% or $1.52 during the last trading session, reaching $122. About 257,761 shares traded. Visteon Corporation (NASDAQ:VC) has risen 41.15% since March 14, 2017 and is uptrending. It has outperformed by 24.45% the S&P500.

Visteon Corporation designs, engineers, and makes electronics products for original equipment vehicle manufacturers worldwide. The company has market cap of $3.77 billion. The firm provides instrument clusters, including standard analog gauge clusters to high-resolution, all-digital, fully reconfigurable, 2-D, and 3-D display devices; information displays that integrate a range of user interface technologies and graphics management capabilities; and infotainment systems that allows vehicle occupants to connect their mobile devices to the system and safely access phone functions, listen to music, stream media and enable mobile connectivity applications. It has a 22.31 P/E ratio. It also offers audio systems, including audio head units, amplifiers, and analog and digital radios; telematics control unit to enable secure connected car services, software updates, and data; SmartCore, an automotive-grade, integrated domain controller to enhance efficiency, and reduce power consumption and cost; and head-up displays , such as combiner HUD and windshield HUD that present critical information to the driver.

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