Neogen Corporation (NASDAQ:NEOG) Shorted Shares Decreased By 0.69%

December 16, 2017 - By Kurt Siggers

 Neogen Corporation (NASDAQ:NEOG) Shorted Shares Decreased By 0.69%

Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.21, from 0.84 in 2017Q1. It improved, as 7 investors sold Neogen Corporation shares while 70 reduced holdings. 19 funds opened positions while 62 raised stakes. 32.73 million shares or 0.15% less from 32.78 million shares in 2017Q1 were reported.
Boston Family Office Lc holds 32,128 shares. Thompson Siegel Walmsley stated it has 0% of its portfolio in Neogen Corporation (NASDAQ:NEOG). The Texas-based Dimensional Fund Advsr Ltd Partnership has invested 0.02% in Neogen Corporation (NASDAQ:NEOG). Employees Retirement Sys Of Texas, Texas-based fund reported 14,000 shares. Moreover, State Of Wisconsin Invest Board has 0.01% invested in Neogen Corporation (NASDAQ:NEOG) for 48,100 shares. Wesbanco National Bank & Trust has 23,000 shares for 0.09% of their portfolio. Employees Retirement Association Of Colorado reported 252,291 shares. King Luther Capital Corporation holds 734,277 shares. Schwab Charles Inv Management reported 158,981 shares stake. Teton holds 122,750 shares. Private Harbour Invest Mgmt & Counsel Llc stated it has 17,212 shares. Morgan Stanley owns 152,879 shares. Prudential Fincl reported 0.01% in Neogen Corporation (NASDAQ:NEOG). Carnegie Asset Limited Co holds 0.75% in Neogen Corporation (NASDAQ:NEOG) or 93,442 shares. 426 are owned by Ftb Advsrs.

Since June 19, 2017, it had 0 buys, and 16 sales for $12.49 million activity. The insider HERBERT JAMES L sold $770,565. The insider Quinlan Steven J. sold 4,000 shares worth $321,040. $421,833 worth of Neogen Corporation (NASDAQ:NEOG) was sold by MORRICAL TERRI A. $296,772 worth of Neogen Corporation (NASDAQ:NEOG) shares were sold by Green Ronald D.

The stock of Neogen Corporation (NASDAQ:NEOG) registered a decrease of 0.69% in short interest. NEOG’s total short interest was 1.14 million shares in December as published by FINRA. Its down 0.69% from 1.15 million shares, reported previously. With 109,500 shares average volume, it will take short sellers 10 days to cover their NEOG’s short positions. The short interest to Neogen Corporation’s float is 3.11%.

The stock increased 2.26% or $1.8 during the last trading session, reaching $81.42. About 225,511 shares traded or 85.87% up from the average. Neogen Corporation (NASDAQ:NEOG) has risen 27.20% since December 16, 2016 and is uptrending. It has outperformed by 10.50% the S&P500.

Neogen Corporation, together with its subsidiaries, develops, makes, and markets various products for food and animal safety worldwide. The company has market cap of $3.11 billion. It operates through two divisions, Food Safety and Animal Safety. It has a 68.42 P/E ratio. The Food Safety segment primarily offers diagnostic test kits and complementary to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells.

Neogen Corporation (NASDAQ:NEOG) Ratings Coverage

Among 3 analysts covering Neogen (NASDAQ:NEOG), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Neogen had 5 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, December 22 by Craig Hallum. The firm has “Hold” rating by Zacks given on Tuesday, September 22. The firm has “Buy” rating given on Wednesday, August 26 by Zacks.

More recent Neogen Corporation (NASDAQ:NEOG) news were published by: Seekingalpha.com which released: “Neogen Acquires Queensland Animal Genetics Laboratory” on September 04, 2017. Also Prnewswire.com published the news titled: “Neogen announces Bradley retirement” on December 06, 2017. Seekingalpha.com‘s news article titled: “Neogen Corporation’s (NEOG) Q4 2017 Results – Earnings Call Transcript” with publication date: July 19, 2017 was also an interesting one.

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