What’s Brightcove Inc (NASDAQ:BCOV) Upside After This Short Interest Increase?

Brightcove Inc. (NASDAQ:BCOV) Logo

Investors sentiment increased to 2.11 in 2018 Q2. Its up 0.77, from 1.34 in 2018Q1. It is positive, as 5 investors sold Brightcove Inc. shares while 22 reduced holdings. 24 funds opened positions while 33 raised stakes. 23.67 million shares or 20.10% more from 19.71 million shares in 2018Q1 were reported.
Northern Tru Corporation has invested 0% in Brightcove Inc. (NASDAQ:BCOV). Aqr Limited Liability Company has invested 0% in Brightcove Inc. (NASDAQ:BCOV). Engineers Gate Manager Lp reported 0.01% stake. 27,371 were reported by Balyasny Asset Mgmt Lc. Parallax Volatility Advisers Limited Partnership stated it has 709 shares. Federated Invsts Pa accumulated 1,810 shares. California State Teachers Retirement Systems invested in 53,537 shares. Synovus Financial reported 0% stake. Moreover, Tudor Inv Corp Et Al has 0.01% invested in Brightcove Inc. (NASDAQ:BCOV). Gsa Partners Ltd Liability Partnership has 0.06% invested in Brightcove Inc. (NASDAQ:BCOV). Granite Point Cap Limited Partnership has invested 0.07% in Brightcove Inc. (NASDAQ:BCOV). Wells Fargo And Mn holds 45,782 shares or 0% of its portfolio. Jacobs Levy Equity Mngmt, a New Jersey-based fund reported 283,067 shares. Raymond James And Assocs accumulated 20,800 shares. Arrowstreet Cap Partnership accumulated 240,740 shares.

Since August 14, 2018, it had 1 buy, and 1 sale for $57,920 activity. 20,000 Brightcove Inc. (NASDAQ:BCOV) shares with value of $161,800 were bought by Ray Jeff.

The stock of Brightcove Inc (NASDAQ:BCOV) registered an increase of 18.67% in short interest. BCOV’s total short interest was 385,900 shares in December as published by FINRA. Its up 18.67% from 325,200 shares, reported previously. With 134,600 shares average volume, it will take short sellers 3 days to cover their BCOV’s short positions. The short interest to Brightcove Inc’s float is 1.4%.

The stock increased 0.34% or $0.02 during the last trading session, reaching $6.97. About 3,991 shares traded. Brightcove Inc. (NASDAQ:BCOV) has risen 20.44% since December 6, 2017 and is uptrending. It has outperformed by 4.82% the S&P500.

Brightcove Inc. provides cloud-based services for video. The company has market cap of $254.42 million. The firm primarily offers Video Cloud, an online video platform that enables its clients to publish and distribute video to Internet-connected devices. It currently has negative earnings. The Company’s Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics.

More notable recent Brightcove Inc. (NASDAQ:BCOV) news were published by: Zacks.com which released: “Brightcove (BCOV) Reports Q3 Loss, Misses Revenue Estimates – Zacks.com” on November 01, 2018, also Businesswire.com with their article: “Brightcove Appoints Robert Noreck CFO – Business Wire” published on May 03, 2018, Businesswire.com published: “Retailer Rack Selects Brightcove Video Platform For Its E-Commerce Storefronts – Business Wire” on January 25, 2018. More interesting news about Brightcove Inc. (NASDAQ:BCOV) were released by: Businesswire.com and their article: “Brightcove Appoints Jeff Ray CEO – Business Wire” published on April 11, 2018 as well as Businesswire.com‘s news article titled: “Brightcove Reports Inducement Grants to CEO Jeff Ray Under Nasdaq Listing Rule 5635(c)(4) – Business Wire” with publication date: April 16, 2018.

Brightcove Inc. (NASDAQ:BCOV) Institutional Positions Chart

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