Will Formfactor Inc (NASDAQ:FORM) Run Out of Steam Soon? Short Interest Is Down

FormFactor, Inc. (NASDAQ:FORM) Logo

Investors sentiment decreased to 1.03 in Q2 2018. Its down 0.04, from 1.07 in 2018Q1. It dived, as 29 investors sold FormFactor, Inc. shares while 44 reduced holdings. 22 funds opened positions while 53 raised stakes. 67.24 million shares or 5.16% more from 63.95 million shares in 2018Q1 were reported.
New York-based Pinebridge Lp has invested 0.01% in FormFactor, Inc. (NASDAQ:FORM). Piedmont Investment Advisors Lc accumulated 17,021 shares. Aperio Gp Lc holds 0% in FormFactor, Inc. (NASDAQ:FORM) or 12,227 shares. Alliancebernstein Ltd Partnership accumulated 0% or 82,742 shares. Crosslink Cap Inc owns 645,297 shares. The Illinois-based Northern has invested 0% in FormFactor, Inc. (NASDAQ:FORM). 56,329 were reported by American International Grp Inc. Teacher Retirement Sys Of Texas invested 0% in FormFactor, Inc. (NASDAQ:FORM). Paradigm Management holds 0.99% or 921,901 shares in its portfolio. California Public Employees Retirement reported 0% in FormFactor, Inc. (NASDAQ:FORM). State Common Retirement Fund invested in 0.01% or 837,079 shares. Schwab Charles Invest invested 0% of its portfolio in FormFactor, Inc. (NASDAQ:FORM). Public Sector Pension Board accumulated 46,000 shares or 0% of the stock. Barclays Public Ltd Limited Liability Company owns 41,203 shares. California State Teachers Retirement, California-based fund reported 111,916 shares.

Since August 14, 2018, it had 0 insider purchases, and 2 selling transactions for $232,827 activity. DeLateur Richard had sold 6,000 shares worth $84,430.

The stock of Formfactor Inc (NASDAQ:FORM) registered a decrease of 8.34% in short interest. FORM’s total short interest was 3.70M shares in December as published by FINRA. Its down 8.34% from 4.04 million shares, reported previously. With 481,600 shares average volume, it will take short sellers 8 days to cover their FORM’s short positions.

The stock decreased 3.24% or $0.5 during the last trading session, reaching $14.95. About 584,834 shares traded or 32.11% up from the average. FormFactor, Inc. (NASDAQ:FORM) has declined 15.81% since December 8, 2017 and is downtrending. It has underperformed by 31.43% the S&P500.

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, and reliability test systems. The company has market cap of $1.11 billion. The firm offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It has a 46.43 P/E ratio. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; integrated measurement systems that include test instrumentation, probe, cabling configurations, and software to enable fast, accurate, and on-wafer data collection for complex application and measurement needs; thermal subsystems that produce thermal chucks and other test systems used in probe stations; and reliability test systems that enable clients to develop products that are less susceptible to various phenomenon that could degrade semiconductor device performance.

More notable recent FormFactor, Inc. (NASDAQ:FORM) news were published by: Nasdaq.com which released: “Watsco Completes Refinancing of $500 Million Credit Facility – Nasdaq” on December 07, 2018, also Nasdaq.com with their article: “Health Care Sector Update for 12/04/2018: CLVS, CRON, MO, PSTI, JNJ, PFE, MRK, ABT, AMGN – Nasdaq” published on December 04, 2018, Nasdaq.com published: “Inpixon Announces Commencement of Rights Offering Subscription Period – Nasdaq” on December 07, 2018. More interesting news about FormFactor, Inc. (NASDAQ:FORM) were released by: Nasdaq.com and their article: “Cambrex to Acquire Avista Pharma Solutions, Adding Early Stage API and Finished Dosage Form Development & Testing Services to its Global Contract Development & Manufacturing Network – Nasdaq” published on November 20, 2018 as well as Globenewswire.com‘s news article titled: “FormFactor Receives SK hynix Supplier Excellence Award – GlobeNewswire” with publication date: November 13, 2018.

FormFactor, Inc. (NASDAQ:FORM) Institutional Positions Chart

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