SemiLEDs (LEDS) Reaches $3.67 After 9.00% Up Move; COASTAL BANKING CO (CBCO) Shorts Raised By 20%

April 17, 2018 - By mmahotstuff

Coastal Banking Company, Inc. (OTCMKTS:CBCO) Logo

The stock of SemiLEDs Corporation (NASDAQ:LEDS) is a huge mover today! The stock increased 4.86% or $0.17 during the last trading session, reaching $3.67. About 99,351 shares traded. SemiLEDs Corporation (NASDAQ:LEDS) has risen 8.04% since April 17, 2017 and is uptrending. It has underperformed by 3.51% the S&P500.The move comes after 9 months positive chart setup for the $13.01M company. It was reported on Apr, 17 by We have $4.00 PT which if reached, will make NASDAQ:LEDS worth $1.17 million more.

COASTAL BANKING CO INC (OTCMKTS:CBCO) had an increase of 20% in short interest. CBCO’s SI was 1,200 shares in April as released by FINRA. Its up 20% from 1,000 shares previously. With 14,800 avg volume, 0 days are for COASTAL BANKING CO INC (OTCMKTS:CBCO)’s short sellers to cover CBCO’s short positions. It closed at $21.44 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Coastal Banking Company, Inc. operates as the bank holding firm for CBC National Bank that provides commercial and consumer banking services. The company has market cap of $55.68 million. The firm operates in three divisions: Community Banking, SBA Lending, and Mortgage Banking Operations. It has a 11.72 P/E ratio. It accepts savings accounts, demand deposits, time deposits, and certificates of deposit, as well as NOW and money market deposit accounts.

SemiLEDs Corporation develops, manufactures, and sells light emitting diode chips and LED components in Taiwan. The company has market cap of $13.01 million. The companyÂ’s products are used primarily for general lighting applications comprising commercial, industrial, and residential lighting, as well as street lights; and specialty industrial applications, such as ultraviolet (UV), curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, and architectural lighting and entertainment lighting applications, as well as LED lighting for horticulture applications. It currently has negative earnings. It sells enhanced vertical, blue, white, green, and UV LED and LED chips to packagers or distributors in Taiwan, the United States, and China.

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