What’s Next for Cohu Inc (NASDAQ:COHU) After Having Less Shares Shorted?

Investors sentiment increased to 1.77 in 2018 Q2. Its up 0.58, from 1.19 in 2018Q1. It increased, as 17 investors sold Cohu, Inc. shares while 31 reduced holdings. 28 funds opened positions while 57 raised stakes. 27.71 million shares or 12.42% more from 24.65 million shares in 2018Q1 were reported.
Riverhead Management Lc holds 4,400 shares. State Board Of Administration Of Florida Retirement Sys, a Florida-based fund reported 35,002 shares. Pnc Grp Inc, Pennsylvania-based fund reported 16,291 shares. Texas-based Afam Capital Incorporated has invested 0.44% in Cohu, Inc. (NASDAQ:COHU). Pub Sector Pension Invest Board has invested 0% in Cohu, Inc. (NASDAQ:COHU). Wellington Mngmt Grp Llp, Massachusetts-based fund reported 1.35M shares. 336 were reported by Federated Inc Pa. Legal General Grp Inc Public Ltd reported 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU). Ativo Mgmt Ltd Liability invested in 0.31% or 46,015 shares. Franklin Res stated it has 1.32M shares. State Of Tennessee Treasury Department has invested 0% in Cohu, Inc. (NASDAQ:COHU). Comerica State Bank invested in 0.01% or 30,360 shares. Art Advsrs Ltd Co stated it has 0.02% in Cohu, Inc. (NASDAQ:COHU). First Lp holds 36,967 shares or 0% of its portfolio. Piedmont Inv Limited Liability Company has 6,702 shares for 0.01% of their portfolio.

Since August 14, 2018, it had 0 insider purchases, and 2 sales for $552,434 activity. Chiang Hock Woo sold $436,539 worth of stock or 15,825 shares.

The stock of Cohu Inc (NASDAQ:COHU) registered a decrease of 4.15% in short interest. COHU’s total short interest was 2.31 million shares in December as published by FINRA. Its down 4.15% from 2.41 million shares, reported previously. With 184,500 shares average volume, it will take short sellers 13 days to cover their COHU’s short positions. The short interest to Cohu Inc’s float is 8.33%.

The stock decreased 5.10% or $0.95 during the last trading session, reaching $17.67. About 393,449 shares traded. Cohu, Inc. (NASDAQ:COHU) has risen 14.73% since December 7, 2017 and is uptrending. It has underperformed by 0.89% the S&P500.

Cohu, Inc., through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide. The company has market cap of $719.18 million. It offers pick-and-place handlers; thermal handler for microprocessors, graphics processors, and other integrated circuits; pick-and-place platform for fabless and outsourced semiconductor assembly and test customers, as well as for integrated device manufacturers; a platform for assembly automation; gravity-feed and test-in-strip handlers; and turret handler for testing and inspection of integrated circuits, LEDs, and discrete devices. It has a 16.64 P/E ratio. The firm also provides MEMS test modules that generate physical stimuli for testing of sensor integrated circuits; thermal sub-systems that offer temperature control of the integrated circuit during the testing process; contactor solutions; spares; and a range of device dedication kits that enable handlers to process various semiconductor packages.

Cohu, Inc. (NASDAQ:COHU) Ratings Coverage

Among 2 analysts covering Cohu (NASDAQ:COHU), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cohu had 2 analyst reports since September 24, 2018 according to SRatingsIntel. The stock of Cohu, Inc. (NASDAQ:COHU) has “Buy” rating given on Tuesday, October 2 by Stifel Nicolaus.

Cohu, Inc. (NASDAQ:COHU) Institutional Positions Chart

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