What’s Propelling CARE.COM Inc (NYSE:CRCM) After Lower Shorts Reported?

Care.com, Inc. (NYSE:CRCM) Logo

Investors sentiment increased to 1.93 in 2018 Q2. Its up 0.28, from 1.65 in 2018Q1. It increased, as 13 investors sold Care.com, Inc. shares while 31 reduced holdings. 25 funds opened positions while 60 raised stakes. 21.03 million shares or 5.28% more from 19.98 million shares in 2018Q1 were reported.
Federated Invsts Pa has 0.01% invested in Care.com, Inc. (NYSE:CRCM) for 96,043 shares. Penbrook Mngmt Limited Co invested in 1.49% or 74,185 shares. Piedmont Investment Limited Liability Co holds 338 shares or 0% of its portfolio. Glenmede Tru Co Na stated it has 0% in Care.com, Inc. (NYSE:CRCM). Legal And General Public Ltd holds 0% of its portfolio in Care.com, Inc. (NYSE:CRCM) for 2,912 shares. The Ohio-based Public Employees Retirement Systems Of Ohio has invested 0.02% in Care.com, Inc. (NYSE:CRCM). Institutional Venture Mngmt Xiii Lc invested 6.12% of its portfolio in Care.com, Inc. (NYSE:CRCM). Driehaus Management Ltd Limited Liability Company stated it has 35,600 shares or 0.03% of all its holdings. Oberweis Asset Mgmt Inc has 390,839 shares. Smith Asset Mgmt Group Incorporated L P reported 90,600 shares. State Street invested in 393,551 shares. 413,511 were accumulated by D E Shaw And. 3,031 were reported by Prelude Mngmt Lc. Ny State Common Retirement Fund reported 44,987 shares. Pnc Fincl Services Grp Inc has 0% invested in Care.com, Inc. (NYSE:CRCM) for 2,187 shares.

Since June 9, 2018, it had 0 insider purchases, and 14 sales for $5.60 million activity. On Thursday, November 8 Marcelo Sheila Lirio sold $461,182 worth of Care.com, Inc. (NYSE:CRCM) or 24,268 shares. Krupinski David sold 3,508 shares worth $75,698. $69,505 worth of Care.com, Inc. (NYSE:CRCM) was sold by Musi Diane on Saturday, June 9.

The stock of CARE.COM Inc (NYSE:CRCM) registered a decrease of 17.74% in short interest. CRCM’s total short interest was 698,100 shares in December as published by FINRA. Its down 17.74% from 848,700 shares, reported previously. With 227,800 shares average volume, it will take short sellers 3 days to cover their CRCM’s short positions. The short interest to CARE.COM Inc’s float is 3.11%.

It closed at $17.53 lastly. It is down 30.24% since December 7, 2017 and is uptrending. It has outperformed by 14.62% the S&P500.

Care.com, Inc. operates an online marketplace for finding and managing family care in the United States and internationally. The company has market cap of $557.40 million. The firm helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities. It has a 69.29 P/E ratio. The Company’s consumer matching solutions allow families to search for, connect with, qualify, vet, and select caregivers.

More notable recent Care.com, Inc. (NYSE:CRCM) news were published by: Businesswire.com which released: “Care.com Acquires Town + Country, Galore and Trusted – Business Wire” on July 30, 2018, also Businesswire.com with their article: “Care.com Announces Third Quarter 2018 Financial Results – Business Wire” published on November 08, 2018, Streetinsider.com published: “Care.com (CRCM) Tops Q2 EPS by 3c, Slight Beat on Revenues; Offers FY18 EPS Guidance Below Consensus – StreetInsider.com” on July 30, 2018. More interesting news about Care.com, Inc. (NYSE:CRCM) were released by: Businesswire.com and their article: “Care.com Appoints Matt O’Connor Senior Vice President, Sales for Care@Work – Business Wire” published on October 10, 2018 as well as Seekingalpha.com‘s news article titled: “Care.com: Too Little Too Late? – Seeking Alpha” with publication date: February 01, 2016.

Care.com, Inc. (NYSE:CRCM) Institutional Positions Chart

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