A Reversal for Cray Inc (NASDAQ:CRAY) Is Near. The Stock Has Decrease in Shorts

Cray Inc. (NASDAQ:CRAY) Logo

Investors sentiment increased to 1.77 in Q2 2018. Its up 0.51, from 1.26 in 2018Q1. It increased, as 10 investors sold Cray Inc. shares while 33 reduced holdings. 29 funds opened positions while 47 raised stakes. 39.10 million shares or 1.81% less from 39.83 million shares in 2018Q1 were reported.
Pnc Incorporated reported 0% stake. Bnp Paribas Arbitrage Sa has invested 0% in Cray Inc. (NASDAQ:CRAY). Principal Group Inc Inc reported 316,681 shares. Suntrust Banks stated it has 18,354 shares or 0% of all its holdings. Engineers Gate Manager L P invested in 27,038 shares or 0.05% of the stock. Texas Permanent School Fund accumulated 0.01% or 26,235 shares. Parkside Bancorporation Tru holds 41 shares. D E Shaw Incorporated accumulated 246,970 shares or 0.01% of the stock. Metropolitan Life Insurance owns 13,882 shares or 0% of their US portfolio. First Washington Corporation holds 2.82% of its portfolio in Cray Inc. (NASDAQ:CRAY) for 230,990 shares. Ls Advisors Ltd Liability Corp accumulated 1,237 shares. Thrivent For Lutherans invested in 0% or 27,885 shares. Sterling Capital Mgmt Ltd Limited Liability Company has invested 0.01% in Cray Inc. (NASDAQ:CRAY). Sector Pension Investment Board owns 25,740 shares or 0% of their US portfolio. State Of New Jersey Common Pension Fund D has 0.13% invested in Cray Inc. (NASDAQ:CRAY).

Since November 26, 2018, it had 0 insider buys, and 2 insider sales for $1.30 million activity. Another trade for 30,518 shares valued at $795,198 was sold by MORREALE CHARLES A.

The stock of Cray Inc (NASDAQ:CRAY) registered a decrease of 1.23% in short interest. CRAY’s total short interest was 2.73 million shares in December as published by FINRA. Its down 1.23% from 2.77 million shares, reported previously. With 205,400 shares average volume, it will take short sellers 13 days to cover their CRAY’s short positions. The short interest to Cray Inc’s float is 6.85%.

The stock decreased 0.44% or $0.11 during the last trading session, reaching $24.99. About 207,780 shares traded. Cray Inc. (NASDAQ:CRAY) has risen 11.23% since December 7, 2017 and is uptrending. It has underperformed by 4.39% the S&P500.

Cray Inc., together with its subsidiaries, designs, develops, makes, markets, and services high-performance computing systems. The company has market cap of $1.02 billion. It operates through Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other divisions. It currently has negative earnings. The firm offers a range of supercomputing systems, including the Cray XC series, Cray XC40-AC, Cray CS400, and Cray CS-Storm supercomputers; and analytics products, such as Cray Urika-GX platform used for production-class data analytics workloads.

More notable recent Cray Inc. (NASDAQ:CRAY) news were published by: Globenewswire.com which released: “Cray Keeps Haas F1 Team on Right Track – GlobeNewswire” on October 17, 2018, also Globenewswire.com with their article: “Cray Inc. Reports Third Quarter 2018 Financial Results – GlobeNewswire” published on October 30, 2018, Globenewswire.com published: “The Institute for Basic Science in South Korea Awards Cray Contract to Help Advance Scientific Research – GlobeNewswire” on September 20, 2018. More interesting news about Cray Inc. (NASDAQ:CRAY) were released by: Nasdaq.com and their article: “Cray To Offer Powerful Performance With Support For Intel Cascade Lake Advanced Performance Processors – Nasdaq” published on November 14, 2018 as well as Globenewswire.com‘s news article titled: “Cray Wins Four 2018 HPCwire Readers’ and Editors’ Choice Awards – GlobeNewswire” with publication date: November 14, 2018.

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