Brightcove Inc (NASDAQ:BCOV)’s Trend Unknown, Especially After Increased Shorts

Brightcove Inc. (NASDAQ:BCOV) Logo

Investors sentiment increased to 2.11 in Q2 2018. Its up 0.77, from 1.34 in 2018Q1. It improved, 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.
Commercial Bank Of Montreal Can holds 0% or 1,365 shares. Thompson Davis Company Inc stated it has 125 shares. Tudor Et Al has 27,202 shares for 0.01% of their portfolio. Moreover, Blackrock Inc has 0% invested in Brightcove Inc. (NASDAQ:BCOV). Acadian Asset Management Limited Com reported 0% in Brightcove Inc. (NASDAQ:BCOV). Peak6 L P invested in 0% or 688 shares. Webster Comml Bank N A has invested 0% in Brightcove Inc. (NASDAQ:BCOV). Citadel Advsrs Ltd Com reported 26,631 shares stake. Sei Investments Communications stated it has 0% of its portfolio in Brightcove Inc. (NASDAQ:BCOV). Bridgeway Capital Mgmt Inc has invested 0.02% in Brightcove Inc. (NASDAQ:BCOV). 39,091 are held by Segall Bryant And Hamill Ltd Llc. Voya Invest Mgmt Llc stated it has 16,510 shares or 0% of all its holdings. Bnp Paribas Arbitrage reported 1,139 shares stake. Moreover, Synovus Finance Corp has 0% invested in Brightcove Inc. (NASDAQ:BCOV). Fortaleza Asset Mgmt owns 1.01% invested in Brightcove Inc. (NASDAQ:BCOV) for 12,895 shares.

Since August 14, 2018, it had 1 buying transaction, and 1 insider sale for $57,920 activity. On Tuesday, August 14 the insider Ray Jeff bought $161,800.

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: Globenewswire.com which released: “Research Report Identifies Oil States International, Brightcove, Electronics for Imaging, Cirrus Logic, Innoviva, and Marinus Pharmaceuticals with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on November 06, 2018, also Businesswire.com with their article: “New Research from Brightcove Finds Video Content Impacts Product and Service Purchases, Particularly by Millennial Consumers – Business Wire” published on November 06, 2018, Businesswire.com published: “OUTtv Selects Brightcove OTT Flow Powered by Accedo for OUTtvGO OTT Service – Business Wire” on May 09, 2018. More interesting news about Brightcove Inc. (NASDAQ:BCOV) were released by: Seekingalpha.com and their article: “Brightcove: A Cloud-Based Video Technology Company With Impressive Clients And Partnerships – Seeking Alpha” published on July 03, 2017 as well as Businesswire.com‘s news article titled: “Retailer Rack Selects Brightcove Video Platform For Its E-Commerce Storefronts – Business Wire” with publication date: January 25, 2018.

Brightcove Inc. (NASDAQ:BCOV) Institutional Positions Chart

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