What’s Next for Zix Corporation (NASDAQ:ZIXI) After Having Less Shares Shorted?

June 16, 2018 - By Louis Casey

Zix Corporation (NASDAQ:ZIXI) Logo

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.01, from 1.11 in 2017Q4. It fall, as 17 investors sold Zix Corporation shares while 32 reduced holdings. 15 funds opened positions while 39 raised stakes. 34.19 million shares or 1.94% less from 34.87 million shares in 2017Q4 were reported.
Barclays Public Limited Co invested in 28,835 shares or 0% of the stock. Millennium Mgmt Ltd Liability Corporation has 0% invested in Zix Corporation (NASDAQ:ZIXI) for 831,315 shares. Blackrock Inc invested in 3.93M shares. Northwestern Mutual Wealth Mgmt invested 0% in Zix Corporation (NASDAQ:ZIXI). Credit Suisse Ag owns 19,555 shares. The Connecticut-based Thomson Horstmann & Bryant has invested 0.63% in Zix Corporation (NASDAQ:ZIXI). Martin Company Inc Tn invested in 343,046 shares. Price T Rowe Assoc Incorporated Md accumulated 17,350 shares. Denver Invest Advsrs Limited Liability Corp reported 14,599 shares. Campbell Adviser Ltd Limited Liability Company holds 17,117 shares. Macquarie Grp Ltd reported 15,000 shares stake. Mackay Shields Ltd Liability Corporation holds 0% of its portfolio in Zix Corporation (NASDAQ:ZIXI) for 176,400 shares. Victory Cap Mgmt stated it has 8,920 shares. 176,500 were reported by California Public Employees Retirement System. Matarin Mngmt Ltd Com holds 0% in Zix Corporation (NASDAQ:ZIXI) or 225,097 shares.

The stock of Zix Corporation (NASDAQ:ZIXI) registered a decrease of 4.15% in short interest. ZIXI’s total short interest was 832,100 shares in June as published by FINRA. Its down 4.15% from 868,100 shares, reported previously. With 277,400 shares average volume, it will take short sellers 3 days to cover their ZIXI’s short positions. The short interest to Zix Corporation’s float is 1.69%.

The stock increased 0.56% or $0.03 during the last trading session, reaching $5.42. About 434,954 shares traded or 51.99% up from the average. Zix Corporation (NASDAQ:ZIXI) has declined 8.29% since June 16, 2017 and is downtrending. It has underperformed by 20.86% the S&P500.

Zix Corporation provides email encryption, data loss prevention , and Bring-Your-Own-Device (BYOD) security solutions to the healthcare, financial services, insurance, and government sectors in the United States. The company has market cap of $294.03 million. The firm offers Zix Email Encryption that allows an enterprise to use policy-driven rules to determine email messages that should be sent securely to comply with regulations or company-defined policies. It currently has negative earnings. It also provides ZixDirectory, an email encryption community to share identities; Best Method of Delivery, a patented solution designed to deliver email based on the sender??s and recipient??s communications environment and preferences; and ZixGateway, which automatically encrypts and decrypts messages with sensitive content.

More news for Zix Corporation (NASDAQ:ZIXI) were recently published by: Businesswire.com, which released: “Zix to Webcast 2018 Annual Meeting of Shareholders on June 6” on May 30, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Capital Senior Living, Digital Realty Trust, Minerva Neurosciences, Zix, First Merchants, and …” and published on May 22, 2018 is yet another important article.

Zix Corporation (NASDAQ:ZIXI) Institutional Positions Chart

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