What Will Happen to Brinks Company (the (NYSE:BCO) Next? The Stock Has Increase in Shorts

The Brink's Company (NYSE:BCO) Logo

Investors sentiment increased to 1.21 in 2018 Q2. Its up 0.26, from 0.95 in 2018Q1. It improved, as 30 investors sold The Brink's Company shares while 69 reduced holdings. 39 funds opened positions while 81 raised stakes. 46.76 million shares or 6.10% more from 44.07 million shares in 2018Q1 were reported.
Glenmede Na accumulated 91 shares. Great West Life Assurance Co Can holds 0.01% in The Brink's Company (NYSE:BCO) or 29,236 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.01% in The Brink's Company (NYSE:BCO). Ls Inv Advsrs Limited Liability Com stated it has 0.02% of its portfolio in The Brink's Company (NYSE:BCO). Tocqueville Asset Mngmt Lp holds 51,860 shares. Employees Retirement Systems Of Texas reported 66,000 shares stake. Ing Groep Nv holds 0.01% or 5,594 shares in its portfolio. Goldman Sachs reported 173,260 shares. Cornerstone Inc holds 0% of its portfolio in The Brink's Company (NYSE:BCO) for 14 shares. Deutsche Fincl Bank Ag owns 354,993 shares. Bridgeway Cap accumulated 0% or 3,200 shares. Cubist Systematic Strategies Ltd Co reported 3,559 shares. State Bank Of America De holds 0% of its portfolio in The Brink's Company (NYSE:BCO) for 354,276 shares. Wealthtrust invested in 0.01% or 142 shares. Northern Trust Corp accumulated 806,549 shares.

Since June 12, 2018, it had 2 insider buys, and 2 insider sales for $1.53 million activity. 2,000 shares valued at $140,060 were bought by Pertz Douglas A on Thursday, September 6. $1.45M worth of The Brink's Company (NYSE:BCO) was sold by Marshall McAlister C II. Beech Michael F sold $363,849 worth of The Brink's Company (NYSE:BCO) on Thursday, June 14.

The stock of Brinks Company (the (NYSE:BCO) registered an increase of 2.23% in short interest. BCO’s total short interest was 2.13M shares in December as published by FINRA. Its up 2.23% from 2.08M shares, reported previously. With 250,500 shares average volume, it will take short sellers 9 days to cover their BCO’s short positions. The short interest to Brinks Company (the’s float is 4.29%.

The stock decreased 2.36% or $1.57 during the last trading session, reaching $64.92. About 27,308 shares traded. The Brink's Company (NYSE:BCO) has declined 11.91% since December 6, 2017 and is downtrending. It has underperformed by 27.53% the S&P500.

The BrinkÂ’s Company provides secure transportation, cash management services, and other security-related services worldwide. The company has market cap of $3.29 billion. The firm offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation services, and first and second line maintenance; and network infrastructure services. It currently has negative earnings. It also provides transportation services for valued commodities, including diamonds, jewelry, precious metals, securities, currency, high-tech devices, electronics, and pharmaceuticals; and cash management services, such as money processing, deploying and servicing intelligent safes and safe control devices, integrated check and cash processing services, and check imaging services, as well as cashier balancing, counterfeit detection, account consolidation, and electronic reporting services.

More notable recent The Brink's Company (NYSE:BCO) news were published by: Investorideas.com which released: “Investor Ideas Potcasts #Cannabis News and Stocks on the Move: TSXV: $GTEC.V, CSE: $BE.C, TSX: $WEED.TO, NYSE: $CGC, TSX: $ACB.TO, NYSE: $ACB – InvestorIdeas.com” on November 09, 2018, also Seekingalpha.com with their article: “Brink’s Shaping Up Nicely With A Strong Q2 And Dunbar Acquisition – Seeking Alpha” published on August 31, 2018, Seekingalpha.com published: “Brink’s to acquire Dunbar Armored for ~$520M – Seeking Alpha” on May 31, 2018. More interesting news about The Brink's Company (NYSE:BCO) were released by: Globenewswire.com and their article: “Brink’s Third-Quarter Earnings Release and Conference Call Scheduled for October 24 – GlobeNewswire” published on October 11, 2018 as well as Seekingalpha.com‘s news article titled: “The Brink’s Company: Cash Is Not Dead – Seeking Alpha” with publication date: October 30, 2018.

The Brink's Company (NYSE:BCO) Institutional Positions Chart

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