International Business Machines Corporation Common (NYSE:IBM) Shorted Shares Decreased By 10.51%

May 17, 2018 - By Margaret Downey

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It is positive, as 54 investors sold International Business Machines Corporation shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported.
Diversified Inv Strategies Ltd Liability Corp holds 10,261 shares. San Francisco Sentry (Ca) reported 0.28% stake. New York-based Mathes Company Incorporated has invested 0.2% in International Business Machines Corporation (NYSE:IBM). Moreover, Clark Gru has 0.02% invested in International Business Machines Corporation (NYSE:IBM). Chickasaw Mgmt Limited owns 2,121 shares or 0.01% of their US portfolio. Noesis Cap Mangement holds 0.07% or 1,398 shares in its portfolio. Cadence Fincl Bank Na holds 19,413 shares. Sageworth invested 0.01% of its portfolio in International Business Machines Corporation (NYSE:IBM). Marshall And Sullivan Wa, Washington-based fund reported 1,500 shares. Focused Wealth Management Inc reported 0.66% stake. Rbo And Lc reported 0.88% stake. Quantitative Systematic Strategies Limited Liability has 2,036 shares for 0.08% of their portfolio. Ibm Retirement Fund holds 0.6% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 20,906 shares. Rocky Mountain Advisers Ltd Co holds 1,400 shares or 0.85% of its portfolio. Arrowstreet Cap Limited Partnership reported 0.51% in International Business Machines Corporation (NYSE:IBM).

Since January 31, 2018, it had 1 buying transaction, and 2 selling transactions for $2.69 million activity. 13,000 shares were sold by Clementi Erich, worth $2.01M. The insider Gherson Diane J sold 5,000 shares worth $780,000.

The stock of International Business Machines Corporation Common (NYSE:IBM) registered a decrease of 10.51% in short interest. IBM’s total short interest was 12.82 million shares in May as published by FINRA. Its down 10.51% from 14.33M shares, reported previously. With 7.32 million shares average volume, it will take short sellers 2 days to cover their IBM’s short positions. The short interest to International Business Machines Corporation Common’s float is 1.45%.

The stock increased 0.04% or $0.06 during the last trading session, reaching $144.69. About 907,333 shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 17, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

International Business Machines Corporation provides information technology services and products worldwide. The company has market cap of $132.82 billion. The Company’s Cognitive Solutions segment includes Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers. It has a 23.58 P/E ratio. The companyÂ’s Cognitive Solutions segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.

International Business Machines Corporation (NYSE:IBM) Ratings Coverage

Among 13 analysts covering IBM (NYSE:IBM), 7 have Buy rating, 2 Sell and 4 Hold. Therefore 54% are positive. IBM had 20 analyst reports since November 26, 2017 according to SRatingsIntel. On Friday, January 19 the stock rating was maintained by Stifel Nicolaus with “Buy”. J.P. Morgan maintained the stock with “Hold” rating in Friday, January 19 report. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) on Friday, January 19 with “Buy” rating. The firm has “Sell” rating by Societe Generale given on Friday, January 19. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by RBC Capital Markets on Tuesday, April 17. On Wednesday, March 21 the stock rating was maintained by Morgan Stanley with “Buy”. BMO Capital Markets maintained the shares of IBM in report on Sunday, November 26 with “Hold” rating. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Thursday, January 18 by Wedbush. The firm has “Buy” rating by Bank of America given on Thursday, January 18. The rating was maintained by J.P. Morgan with “Hold” on Wednesday, April 18.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: 247Wallst.com which released: “IBM, Abandoned by Buffett and Wall Street, Sinks Lower” on May 07, 2018, also Seekingalpha.com with their article: “Tracking Warren Buffett’s Berkshire Hathaway Portfolio – Q1 2018 Update” published on May 16, 2018, Seekingalpha.com published: “IBM: Weak Dividend Raise?” on April 24, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: 247Wallst.com and their article: “Who IBM Is Laying Off and What They Have to Say About It” published on April 27, 2018 as well as Seekingalpha.com‘s news article titled: “3 Reasons IBM Is The Right Dividend Stock For Your Portfolio” with publication date: May 15, 2018.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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