Is Oil States International Inc (NYSE:OIS)’s Fuel Running High? Reports Show Less Sellers

October 11, 2018 - By Adrian Mccoy

Investors sentiment decreased to 1.54 in Q2 2018. Its down 0.27, from 1.81 in 2018Q1. It is negative, as 14 investors sold Oil States International, Inc. shares while 45 reduced holdings. 23 funds opened positions while 68 raised stakes. 66.45 million shares or 5.31% more from 63.10 million shares in 2018Q1 were reported.
Walleye Trading Ltd Liability Corp stated it has 0% of its portfolio in Oil States International, Inc. (NYSE:OIS). Voloridge Inv Limited Liability has invested 0.09% of its portfolio in Oil States International, Inc. (NYSE:OIS). Teachers Retirement Systems Of The State Of Kentucky accumulated 13,483 shares or 0.01% of the stock. Ubs Asset Management Americas stated it has 0% in Oil States International, Inc. (NYSE:OIS). Comerica Comml Bank, a Michigan-based fund reported 149,029 shares. Palisade Ltd Liability Co Nj holds 0.59% or 637,788 shares. Renaissance Technology Ltd Liability Corp has invested 0.01% in Oil States International, Inc. (NYSE:OIS). Van Eck Assocs Corp stated it has 0.11% in Oil States International, Inc. (NYSE:OIS). Ameriprise invested 0% of its portfolio in Oil States International, Inc. (NYSE:OIS). Corecommodity Lc has 0.59% invested in Oil States International, Inc. (NYSE:OIS). Public Employees Retirement Association Of Colorado owns 9,265 shares. Teacher Retirement Systems Of Texas holds 0% or 11,556 shares. Epoch reported 0.12% of its portfolio in Oil States International, Inc. (NYSE:OIS). State Of Alaska Department Of Revenue invested 0.01% in Oil States International, Inc. (NYSE:OIS). The Texas-based Texas Permanent School Fund has invested 0.02% in Oil States International, Inc. (NYSE:OIS).

Since August 29, 2018, it had 0 insider purchases, and 1 sale for $81,039 activity.

The stock of Oil States International Inc (NYSE:OIS) registered a decrease of 2.45% in short interest. OIS’s total short interest was 5.64 million shares in October as published by FINRA. Its down 2.45% from 5.78M shares, reported previously. With 347,400 shares average volume, it will take short sellers 16 days to cover their OIS’s short positions.

The stock decreased 2.81% or $0.88 during the last trading session, reaching $30.4. About 82,415 shares traded. Oil States International, Inc. (NYSE:OIS) has risen 29.52% since October 11, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Oil States International, Inc., through its subsidiaries, provides specialty services and products to oil and natural gas related companies worldwide. The company has market cap of $1.82 billion. It operates through two divisions, Offshore Products and Well Site Services. It currently has negative earnings. The Offshore Products segment engages in the design, manufacture, fabricate, inspect, assemble, repair, test, and market of OEM equipment for mooring, pipeline, production and drilling risers, and subsea applications along with equipment for offshore vessel and rig construction.

Oil States International, Inc. (NYSE:OIS) Ratings Coverage

Among 8 analysts covering Oil States International (NYSE:OIS), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Oil States International had 9 analyst reports since April 13, 2018 according to SRatingsIntel. The stock of Oil States International, Inc. (NYSE:OIS) has “Hold” rating given on Friday, April 27 by J.P. Morgan. The firm has “Hold” rating by Wells Fargo given on Monday, April 30. Credit Suisse maintained the stock with “Neutral” rating in Tuesday, July 31 report. The firm has “Hold” rating given on Friday, April 13 by Cowen & Co. The company was downgraded on Friday, April 27 by JP Morgan. The stock of Oil States International, Inc. (NYSE:OIS) has “Hold” rating given on Monday, April 30 by Cowen & Co.

Another recent and important Oil States International, Inc. (NYSE:OIS) news was published by Nasdaq.com which published an article titled: “DynaEnergetics Announces Successful Defense of Alleged Patent Infringement” on October 11, 2018.

Oil States International, Inc. (NYSE:OIS) Institutional Positions Chart

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