What’s Next for Nasdaq Incorporated (NASDAQ:NDAQ) After Having Less Shares Shorted?

July 17, 2017 - By Adrian Mccoy

 What's Next for Nasdaq Incorporated (NASDAQ:NDAQ) After Having Less Shares Shorted?

Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.02, from 0.86 in 2016Q3. It worsened, as 59 investors sold Nasdaq Inc shares while 162 reduced holdings. 61 funds opened positions while 125 raised stakes. 119.71 million shares or 1.41% more from 118.04 million shares in 2016Q3 were reported.
Ledyard Bank & Trust accumulated 2,725 shares or 0.03% of the stock. Aperio Ltd has 0.07% invested in Nasdaq Inc (NASDAQ:NDAQ) for 134,290 shares. Benjamin F Edwards & invested in 2,836 shares. Mastrapasqua Asset Mgmt Inc holds 0.71% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ) for 43,435 shares. Exxonmobil Inv Management Tx has invested 0.04% in Nasdaq Inc (NASDAQ:NDAQ). 55,774 are owned by Northcoast Asset Management Ltd Co. Moreover, Amer Intll Grp has 0.02% invested in Nasdaq Inc (NASDAQ:NDAQ) for 74,820 shares. State Of Tennessee Treasury Department owns 0.01% invested in Nasdaq Inc (NASDAQ:NDAQ) for 35,544 shares. Teachers Retirement Systems Of The State Of Kentucky owns 13,800 shares for 0.01% of their portfolio. Gabelli Advisers holds 3,000 shares. 4,020 were reported by Peak6 Limited Partnership. Parkside Bank & Trust Trust holds 34 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System invested in 6,534 shares or 0.01% of the stock. Lazard Asset Management Limited Com reported 0% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ). Moreover, Allianz Asset Management Ag has 0.01% invested in Nasdaq Inc (NASDAQ:NDAQ).

Since February 1, 2017, it had 0 insider buys, and 5 sales for $2.18 million activity. Another trade for 19,000 shares valued at $1.34M was made by Peterson Bradley J on Wednesday, February 1. SWANSTROM STACIE also sold $71,609 worth of Nasdaq Inc (NASDAQ:NDAQ) shares. $290,872 worth of Nasdaq Inc (NASDAQ:NDAQ) shares were sold by Ottersgard Lars. 5,000 shares were sold by Wedenborn Lars, worth $356,100 on Wednesday, February 1. Griggs PC Nelson sold $118,729 worth of stock.

The stock of Nasdaq Incorporated (NASDAQ:NDAQ) registered a decrease of 0.49% in short interest. NDAQ’s total short interest was 2.82 million shares in July as published by FINRA. Its down 0.49% from 2.84M shares, reported previously. With 918,200 shares average volume, it will take short sellers 3 days to cover their NDAQ’s short positions. The short interest to Nasdaq Incorporated’s float is 2.41%.

About 822,599 shares traded or 4.12% up from the average. Nasdaq Inc (NASDAQ:NDAQ) has risen 6.98% since July 17, 2016 and is uptrending. It has underperformed by 9.72% the S&P500.

Nasdaq, Inc. is a holding company. The company has market cap of $11.73 billion. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services. It has a 86.68 P/E ratio. It manages, operates and provides its services and products through four divisions: Market Services, Corporate Services, Information Services and Market Technology.

Nasdaq Inc (NASDAQ:NDAQ) Ratings Coverage

Among 17 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. NASDAQ OMX Group had 36 analyst reports since August 9, 2015 according to SRatingsIntel. Deutsche Bank maintained Nasdaq Inc (NASDAQ:NDAQ) on Friday, October 23 with “Buy” rating. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, April 12. As per Monday, July 18, the company rating was maintained by Deutsche Bank. Jefferies maintained Nasdaq Inc (NASDAQ:NDAQ) on Monday, June 26 with “Hold” rating. The firm has “Hold” rating given on Thursday, June 1 by Keefe Bruyette & Woods. On Tuesday, August 11 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Standpoint Research with “Hold” on Sunday, August 9. Sterne Agee CRT initiated it with “Buy” rating and $76 target in Friday, May 20 report. The stock of Nasdaq Inc (NASDAQ:NDAQ) earned “Market Perform” rating by Wells Fargo on Friday, October 23. As per Monday, December 5, the company rating was upgraded by CLSA.

More notable recent Nasdaq Inc (NASDAQ:NDAQ) news were published by: Nasdaq.com which released: “Counterparty Has Reached Its Millionth Transaction” on July 17, 2017, also Nasdaq.com with their article: “Ultragenyx Pharmaceutical (RARE) Shares Cross Above 200 DMA” published on July 17, 2017, Globenewswire.com published: “Leading Brands, Inc. Announces Q1 Results” on July 17, 2017. More interesting news about Nasdaq Inc (NASDAQ:NDAQ) were released by: Nasdaq.com and their article: “DryShips Inc. (DRYS) Ex-Dividend Date Scheduled for July 18, 2017” published on July 17, 2017 as well as Globenewswire.com‘s news article titled: “The Nigerian Stock Exchange Goes Live with Nasdaq SMARTS Market Surveillance …” with publication date: July 17, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: