Companhia Paranaense de Energia – COPEL (ELP) Reaches $5.74 After 4.00% Down Move; Shorts at Airgain (AIRG) Lowered By 2.14%

June 18, 2018 - By Darrin Black

Companhia Paranaense de Energia - COPEL (NYSE:ELP) Logo

Airgain Inc (NASDAQ:AIRG) had a decrease of 2.14% in short interest. AIRG’s SI was 604,800 shares in June as released by FINRA. Its down 2.14% from 618,000 shares previously. With 43,200 avg volume, 14 days are for Airgain Inc (NASDAQ:AIRG)’s short sellers to cover AIRG’s short positions. The SI to Airgain Inc’s float is 7.64%. The stock decreased 3.10% or $0.29 during the last trading session, reaching $9.06. About 27,553 shares traded. Airgain, Inc. (NASDAQ:AIRG) has declined 40.64% since June 18, 2017 and is downtrending. It has underperformed by 53.21% the S&P500. Some Historical AIRG News: ; 15/05/2018 – Soros Fund Management LLC Exits Position in Airgain; 03/05/2018 – Airgain 1Q Loss/Shr 12c; 03/05/2018 – Airgain Reports Record Sales for First Quarter 2018 and Announces CEO Succession Process; 03/05/2018 – AIRGAIN INC – FOR FISCAL YEAR 2018, COMPANY REAFFIRMS ITS SALES OUTLOOK OF 20% GROWTH OVER FISCAL YEAR 2017; 03/05/2018 – AIRGAIN SAYS CEO CHARLES MYERS WILL BE LEAVING CO; 03/05/2018 – AIRGAIN INC – EFFECTIVE MAY 2, CHAIRMAN JAMES SIMS WILL ASSUME ROLE OF INTERIM CHIEF EXECUTIVE OFFICER AS COMPANY SEARCHES FOR A NEW PERMANENT CEO; 22/04/2018 – DJ Airgain Inc, Inst Holders, 1Q 2018 (AIRG); 03/05/2018 – Airgain Backs Fiscal-Year 2018 Sales Up 20%; 11/04/2018 Airgain Announces Release of ULTRAMAX™ MIMO 9-in-1 Antenna; 03/05/2018 – Airgain Names James K. Sims as Interim CEO

The stock of Companhia Paranaense de Energia – COPEL (NYSE:ELP) is a huge mover today! The stock decreased 3.38% or $0.2 during the last trading session, reaching $5.74. About 189,063 shares traded. Companhia Paranaense de Energia – COPEL (NYSE:ELP) has declined 17.41% since June 18, 2017 and is downtrending. It has underperformed by 29.98% the S&P500. Some Historical ELP News: ; 14/05/2018 – Report 20 – F; 13/04/2018 – COMPANHIA PARANAENSE DE ENERGIA CPLE6.SA – COPEL REPORTED AN EBITDA OF R$521.8 MLN IN 4Q17, A 317.6% INCREASE OVER R$124.9 MLN VERIFIED IN 4Q16; 16/05/2018 – Copel records EBITDA of R$767.8 million in the first quarter; 13/04/2018 – Report: Exploring Fundamental Drivers Behind Shire plc, Bank Of Montreal, Companhia Paranaense de Energia – COPEL, Pearson, Bar; 09/04/2018 – COPEL SAYS IURK’S CEO APPOINTMENT PENDING BOARD APPROVAL; 12/04/2018 – COPEL REFILED 2016 RESULTS W/ PROVISIONS, OTHER ADJUSTMENTS; 09/04/2018 – COPEL SAYS CONTROLLING HOLDER APPOINTS JONEL IURK CEO; 25/04/2018 – CORRECT: COPEL DELAYS START OF UHE COLIDER HYDROPOWER UNIT 1 MO; 12/04/2018 – COPEL 2017 PROFIT BRL1.12B; 25/04/2018 – COPEL POSTPONES RESTART OF UHE COLIDER HYDROPOWER UNIT BY 1 MOThe move comes after 7 months negative chart setup for the $1.42 billion company. It was reported on Jun, 18 by Barchart.com. We have $5.51 PT which if reached, will make NYSE:ELP worth $56.68M less.

Companhia Paranaense de Energia – COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other clients primarily in the State of Paraná, Brazil. The company has market cap of $1.42 billion. As of December 31, 2016, the firm operated 18 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,025.7 megawatts; and owned and operated 2,522 kilometers of transmission lines and 195,458.5 kilometers of distribution lines. It has a 6.26 P/E ratio. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina.

Another recent and important Companhia Paranaense de Energia – COPEL (NYSE:ELP) news was published by Seekingalpha.com which published an article titled: “Companhia Paranaense de Energia (ELP) Presents At Citi’s 11th Annual Brazil Equity Conference – Slideshow” on June 14, 2018.

Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. The company has market cap of $85.55 million. The companyÂ’s products include MaxBeam high gain embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra embedded antennas; omnimax high performance external antennas; MaxBeam carrier class antenna; and SmartMax Embedded Antennas. It currently has negative earnings. It provides embedded antenna technologies to enable high performance wireless networking across a range of home, enterprise, and industrial devices.

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