Arris International Plc – Ordinary Shares (NASDAQ:ARRS) Shorts Decreased By 12.49% As Of May 16, 2018

May 16, 2018 - By Mary Kidd

ARRIS International plc (NASDAQ:ARRS) Corporate Logo

Big Money Sentiment decreased to 0 in Q4 2017. It has change of 2.00, from 2017Q3’s 2. The ratio dropped due to ARRIS International plc positioning: 1 sold and 2 reduced. 0 funds amassed stakes and 0 increased stakes. Investors holded 268,129 in 2017Q3 but now own 235,503 shares or 12.17% less.
Gemmer Asset Mgmt Llc has invested 0% in ARRIS International plc (NASDAQ:ARRS). Vantage Advsr Lc accumulated 0.01% or 2,149 shs. First Retail Bank Of Omaha invested 0.1% of its capital in ARRIS International plc (NASDAQ:ARRS). Baxter Bros Inc invested 1.19% of its capital in ARRIS International plc (NASDAQ:ARRS).

It was reported a decrease on Arris International Plc – Ordinary Shares (NASDAQ:ARRS)’s shares shorted with 12.49%. In May was announced ARRS’s total 5.18M shares shorted by FINRA. The 5.92 million previous shares are down with 12.49%. 6 days will cost ARRS with 863,200 average volume to recover its former position. 3.13% is Arris International Plc – Ordinary Shares float short.

ARRS is reaching $26.56 during the last trading session, after increased 0.91%.ARRIS International plc has 1.80 million shares volume, 34.22% up from normal. ARRS is uptrending and has moved 0.41% since May 16, 2017. ARRS underperformed the S&P500 by 11.14%.

ARRIS International plc, together with its subsidiaries, provides media entertainment and data communications solutions in the United States and internationally.The company has $4.95 billion market cap. It operates through two divisions, Customer Premises Equipment and Network & Cloud.54.2 is the P/E ratio. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and wireless connectivity or other wired connectivity products that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers.

ARRIS International plc (NASDAQ:ARRS) Ratings Coverage

In total 4 analysts cover Arris Group (NASDAQ:ARRS). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. 4 are the (NASDAQ:ARRS)’s analyst reports since December 1, 2017 according to StockzIntelligence Inc. In Friday, December 1 report Raymond James maintained it with “Buy” rating and $38.0 target. On Tuesday, December 19 Morgan Stanley downgraded ARRIS International plc (NASDAQ:ARRS) to “Equal-Weight” rating. On Thursday, March 22 Barclays Capital initiated ARRIS International plc (NASDAQ:ARRS) rating. Barclays Capital has “Hold” rating and $31.0 target.

Another two news for ARRIS International plc (NASDAQ:ARRS) were recently brought out by: on May 09, 2018 with title “New Research: Key Drivers of Growth for ARRIS International plc, Tapestry, Dollar General, AMC Entertainment …”. The other‘s article was titled “ARRIS to Present at JP Morgan’s 46th Annual Technology, Media and Communications Conference” and brought out on May 11, 2018.

ARRIS International plc (NASDAQ:ARRS) Analyst Ratings Chart

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