What’s Flir Systems Inc (NASDAQ:FLIR) Upside After This Short Interest Increase?

FLIR Systems, Inc. (NASDAQ:FLIR) Logo

Investors sentiment decreased to 0.96 in Q2 2018. Its down 0.02, from 0.98 in 2018Q1. It worsened, as 21 investors sold FLIR Systems, Inc. shares while 161 reduced holdings. 53 funds opened positions while 121 raised stakes. 118.69 million shares or 1.82% less from 120.88 million shares in 2018Q1 were reported.
Voya Mngmt Llc holds 195,935 shares. Parallax Volatility Advisers L P owns 4,600 shares. Contravisory Management holds 13,829 shares. Dekabank Deutsche Girozentrale invested in 0.01% or 19,780 shares. 7,526 were accumulated by Pitcairn. Deutsche Commercial Bank Ag owns 597,101 shares. Prospector Prns Limited Liability Corp reported 1.89% of its portfolio in FLIR Systems, Inc. (NASDAQ:FLIR). Cwm Ltd Liability Com owns 4,139 shares. 44,460 are held by Orca Invest Mgmt Lc. Coldstream Mngmt has invested 0.09% in FLIR Systems, Inc. (NASDAQ:FLIR). Gluskin Sheff And Assoc reported 0.18% stake. Jpmorgan Chase reported 285,823 shares. Advisory Research invested 0.01% of its portfolio in FLIR Systems, Inc. (NASDAQ:FLIR). Bnp Paribas Arbitrage reported 0% in FLIR Systems, Inc. (NASDAQ:FLIR). Manufacturers Life Insur Co The has invested 0.01% in FLIR Systems, Inc. (NASDAQ:FLIR).

Since July 19, 2018, it had 0 insider buys, and 7 insider sales for $8.08 million activity. The insider LEWIS EARL R sold $2.33 million. FRANK JEFFREY also sold $2.67M worth of FLIR Systems, Inc. (NASDAQ:FLIR) on Friday, September 7.

The stock of Flir Systems Inc (NASDAQ:FLIR) registered an increase of 5.4% in short interest. FLIR’s total short interest was 2.76 million shares in December as published by FINRA. Its up 5.4% from 2.62 million shares, reported previously. With 629,500 shares average volume, it will take short sellers 4 days to cover their FLIR’s short positions. The short interest to Flir Systems Inc’s float is 2.02%.

The stock decreased 3.15% or $1.41 during the last trading session, reaching $43.33. About 814,960 shares traded. FLIR Systems, Inc. (NASDAQ:FLIR) has risen 59.23% since December 8, 2017 and is uptrending. It has outperformed by 43.61% the S&P500.

FLIR Systems, Inc. develops, designs, makes, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company has market cap of $6.00 billion. The firm operates in six divisions: Surveillance, Instruments, Security, OEM and Emerging Markets, Maritime, and Detection. It has a 45.32 P/E ratio. The Surveillance segment provides enhanced imaging and recognition solutions for various military, law enforcement, public safety, and other government clients for the protection of borders, troops, and public welfare.

More notable recent FLIR Systems, Inc. (NASDAQ:FLIR) news were published by: Nasdaq.com which released: “FLIR Systems (FLIR) Wins $94.3M Deal, to Assist DHS’ Program – Nasdaq” on September 27, 2018, also Nasdaq.com with their article: “Flir Systems Acquires Acyclica – Quick Facts – Nasdaq” published on September 11, 2018, Globenewswire.com published: “Global Video Surveillance market to Reach $105.99 billion by 2026 and How New Technology will Play Key Role; DirectView Holdings, Inc (OTC: DIRV), FLIR Systems, Honeywell and Panasonic Corporation – GlobeNewswire” on November 29, 2018. More interesting news about FLIR Systems, Inc. (NASDAQ:FLIR) were released by: Nasdaq.com and their article: “FLIR Systems, Inc. (FLIR) Ex-Dividend Date Scheduled for November 21, 2018 – Nasdaq” published on November 20, 2018 as well as Businesswire.com‘s news article titled: “FLIR Introduces Raymarine Element Series with Lifelike Sonar Imaging – Business Wire” with publication date: December 06, 2018.

FLIR Systems, Inc. (NASDAQ:FLIR) Institutional Positions Chart

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