After Reaching Milestone, Is L.B. Foster Company (NASDAQ:FSTR)’s Short Interest Revealing Something?

L.B. Foster Company (NASDAQ:FSTR) Logo

Investors sentiment increased to 1.26 in 2018 Q2. Its up 0.52, from 0.74 in 2018Q1. It improved, as 4 investors sold L.B. Foster Company shares while 27 reduced holdings. 12 funds opened positions while 27 raised stakes. 5.76 million shares or 5.18% more from 5.47 million shares in 2018Q1 were reported.
Ameriprise Financial owns 199,348 shares or 0% of their US portfolio. Royal National Bank & Trust Of Canada accumulated 3,503 shares. First Wilshire Secs Management holds 131,596 shares or 0.9% of its portfolio. Piedmont Inv Ltd Liability Com invested 0% of its portfolio in L.B. Foster Company (NASDAQ:FSTR). Vanguard Grp accumulated 0% or 394,272 shares. Fmr Ltd Llc stated it has 0% in L.B. Foster Company (NASDAQ:FSTR). Ancora Advsr Ltd Llc accumulated 0.06% or 63,606 shares. Employees Retirement Association Of Colorado, a Colorado-based fund reported 5,900 shares. Employees Retirement System Of Ohio owns 14,455 shares or 0% of their US portfolio. Gamco Invsts Inc Et Al stated it has 0.01% of its portfolio in L.B. Foster Company (NASDAQ:FSTR). Invesco Ltd holds 118,365 shares. Schwab Charles Investment Management reported 54,915 shares. Morgan Stanley holds 0% or 73,663 shares. Connor Clark And Lunn Inv Management Limited owns 43,250 shares or 0.01% of their US portfolio. Strs Ohio invested in 0% or 29,000 shares.

The stock of L.B. Foster Company (NASDAQ:FSTR) registered a decrease of 29.59% in short interest. FSTR’s total short interest was 42,600 shares in December as published by FINRA. Its down 29.59% from 60,500 shares, reported previously. With 19,000 shares average volume, it will take short sellers 2 days to cover their FSTR’s short positions. The short interest to L.B. Foster Company’s float is 0.49%.

The stock decreased 1.94% or $0.36 during the last trading session, reaching $18.23. About 41,137 shares traded or 85.43% up from the average. L.B. Foster Company (NASDAQ:FSTR) has risen 12.02% since December 8, 2017 and is uptrending. It has underperformed by 3.60% the S&P500.

L.B. Foster Company manufactures and distributes services and products for the transportation and energy infrastructure worldwide. The company has market cap of $192.56 million. The Company’s Rail Products and Services segment offers new rail primarily for passenger and shortline freight railroads, industrial companies, and rail contractors; used rail; rail accessories, such as track spikes, bolts, angle bars, and other products; power rail, direct fixation fasteners, coverboards, and special accessories; and trackwork products, as well as engineers and fabricates insulated rail joints and related accessories. It has a 23.71 P/E ratio. This segment also provides friction management products and application systems, railroad condition monitoring equipment, wheel impact load detection, railroad condition monitoring systems, rail anchors and spikes, and wayside data collection and management systems; and concrete railroad ties, as well as electronic track lubrication and maintenance services.

More notable recent L.B. Foster Company (NASDAQ:FSTR) news were published by: Seekingalpha.com which released: “Is L.B. Foster On The Right Track? – Seeking Alpha” on October 10, 2016, also Globenewswire.com with their article: “L.B. Foster Reports Fourth Quarter and Full Year Operating Results – GlobeNewswire” published on February 27, 2018, Seekingalpha.com published: “Healthcare and Tech top list of midday movers (11/02/2018) – Seeking Alpha” on November 02, 2018. More interesting news about L.B. Foster Company (NASDAQ:FSTR) were released by: Globenewswire.com and their article: “LB Foster Launches New Website Nasdaq:FSTR – GlobeNewswire” published on November 26, 2018 as well as Seekingalpha.com‘s news article titled: “L.B. Foster – Prices Have Recovered But Remain Undervalued – Seeking Alpha” with publication date: July 23, 2017.

L.B. Foster Company (NASDAQ:FSTR) Institutional Positions Chart

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