Littelfuse Incorporated (NASDAQ:LFUS) Sellers Covered 12.19% of Their Shorts

Author:OMO Release Date: 2016年8月18日


The stock of Littelfuse Incorporated (NASDAQ:LFUS) registered a decrease of 12.19% in short interest. LFUS’s total short interest was 448,700 shares in August as published by FINRA. Its down 12.19% from 511,000 shares, reported previously. With 97,600 shares average volume, it will take short sellers 5 days to cover their LFUS’s short positions. The short interest to Littelfuse Incorporated’s float is 2.02%. The stock increased 0.95% or $1.13 during the last trading session, hitting $120.64. Littelfuse, Inc. (NASDAQ:LFUS) has risen 24.36% since January 13, 2016 and is uptrending. It has outperformed by 8.91% the S&P500.

Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and electrical industries. The company has a market cap of $2.70 billion. The Firm operates through three divisions: Electronics, Automotive and Industrial. It has a 34.03 P/E ratio. The Company’s Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions, telecommunications equipment, medical devices, lighting products and white goods.

The institutional sentiment increased to 1.68 in 2016 Q1. Its up 0.56, from 1.12 in 2015Q4. The ratio is positive, as 14 funds sold all Littelfuse, Inc. shares owned while 65 reduced positions. 41 funds bought stakes while 92 increased positions. They now own 23.90 million shares or 10.43% more from 21.64 million shares in 2015Q4.

Nichols Asset Management Llc holds 2.65% of its portfolio in Littelfuse, Inc. for 97,494 shares. Channing Capital Management Llc owns 439,431 shares or 2.41% of their US portfolio. Moreover, Rk Capital Management Llc has 2.33% invested in the company for 114,420 shares. The North Carolina-based Hamilton Point Investment Advisors Llc has invested 2.25% in the stock. Ashford Capital Management Inc, a Delaware-based fund reported 68,250 shares.

Out of 2 analysts covering Littelfuse (NASDAQ:LFUS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Littelfuse has been the topic of 2 analyst reports since September 7, 2015 according to StockzIntelligence Inc. Oppenheimer maintained the stock on February 3 with “Outperform” rating.

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