Indexiq Advisors Has Lifted By $614,526 Its Digitalglobe (DGI) Stake; Aradigm (ARDM) Shorts Down By 6.73%

December 6, 2017 - By Dolores Ford

Indexiq Advisors Llc increased Digitalglobe Inc (DGI) stake by 52.16% reported in 2017Q2 SEC filing. Indexiq Advisors Llc acquired 18,622 shares as Digitalglobe Inc (DGI)’s stock declined 10.71%. The Indexiq Advisors Llc holds 54,322 shares with $1.81M value, up from 35,700 last quarter. Digitalglobe Inc now has $ valuation. It closed at $34.4 lastly. It is down 48.46% since December 6, 2016 and is uptrending. It has outperformed by 31.76% the S&P500.

Aradigm Corporation (NASDAQ:ARDM) had a decrease of 6.73% in short interest. ARDM’s SI was 185,700 shares in December as released by FINRA. Its down 6.73% from 199,100 shares previously. With 186,200 avg volume, 1 days are for Aradigm Corporation (NASDAQ:ARDM)’s short sellers to cover ARDM’s short positions. The SI to Aradigm Corporation’s float is 2.22%. The stock decreased 8.01% or $0.35 during the last trading session, reaching $4.02. About 115,535 shares traded. Aradigm Corporation (NASDAQ:ARDM) has declined 71.40% since December 6, 2016 and is downtrending. It has underperformed by 88.10% the S&P500.

Aradigm Corporation, a specialty pharmaceutical company, focuses on the development and commercialization of drugs for the prevention and treatment of severe respiratory diseases. The company has market cap of $58.29 million. The companyÂ’s lead development candidates are proprietary formulations of the potent antibiotic ciprofloxacin, including Linhaliq and Lipoquin (ARD-3100) that are delivered by inhalation for the management of infections associated with severe respiratory diseases, including non-cystic fibrosis bronchiectasis and cystic fibrosis. It currently has negative earnings. It is also developing inhaled ciprofloxacin formulations for treatment of patients with cystic fibrosis and non-tuberculous mycobacteria, as well as the prevention and treatment of high threat and bioterrorism infections, such as inhaled tularemia, pneumonic plague, melioidosis, Q fever, and inhaled anthrax.

Investors sentiment increased to 1.5 in Q2 2017. Its up 0.10, from 1.4 in 2017Q1. It is positive, as 2 investors sold Aradigm Corporation shares while 2 reduced holdings. 5 funds opened positions while 1 raised stakes. 5.08 million shares or 0.89% less from 5.12 million shares in 2017Q1 were reported. Creative Planning holds 6 shares. Morgan Stanley owns 15,010 shares. Moreover, Deutsche Retail Bank Ag has 0% invested in Aradigm Corporation (NASDAQ:ARDM). Great Point Prns Ltd has 0.15% invested in Aradigm Corporation (NASDAQ:ARDM) for 637,279 shares. Focused Wealth Management has 2 shares for 0% of their portfolio. Renaissance Techs Lc reported 0% of its portfolio in Aradigm Corporation (NASDAQ:ARDM). Blackrock Inc accumulated 3,707 shares. Fmr Lc owns 168,740 shares for 0% of their portfolio. Vanguard Gru invested in 124,043 shares or 0% of the stock. First Eagle Invest Mgmt Ltd owns 3.85 million shares. Northern Corporation stated it has 10,414 shares. Tower Research Capital Limited Liability Corporation (Trc) has 0% invested in Aradigm Corporation (NASDAQ:ARDM) for 474 shares. Evercore Wealth Lc reported 2 shares.

Since June 12, 2017, it had 0 buys, and 2 insider sales for $1.54 million activity. Scott Walter S. had sold 16,200 shares worth $512,244 on Monday, June 12. JENSON WARREN sold $1.03 million worth of DigitalGlobe, Inc (NYSE:DGI) on Thursday, June 15.

Among 8 analysts covering DigitalGlobe (NYSE:DGI), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. DigitalGlobe had 17 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies maintained DigitalGlobe, Inc (NYSE:DGI) on Thursday, July 13 with “Buy” rating. The company was maintained on Wednesday, September 23 by Benchmark. PiperJaffray downgraded the stock to “Neutral” rating in Friday, July 21 report. Dougherty & Company maintained DigitalGlobe, Inc (NYSE:DGI) rating on Friday, July 29. Dougherty & Company has “Buy” rating and $35 target. The company was downgraded on Tuesday, May 17 by Morgan Stanley. The rating was downgraded by Dougherty & Company to “Neutral” on Monday, February 27. The firm earned “Hold” rating on Wednesday, October 26 by Benchmark. Zacks downgraded the shares of DGI in report on Tuesday, August 11 to “Buy” rating. JP Morgan downgraded the shares of DGI in report on Thursday, September 24 to “Neutral” rating. The firm earned “Buy” rating on Monday, November 14 by Dougherty & Company.

Indexiq Advisors Llc decreased Ishares Inc stake by 712,755 shares to 4,062 valued at $217,000 in 2017Q2. It also reduced Indexiq Etf Tr (QAI) stake by 12,978 shares and now owns 1,251 shares. Ishares Tr (IVW) was reduced too.

Investors sentiment increased to 0.82 in Q2 2017. Its up 0.04, from 0.78 in 2017Q1. It improved, as 31 investors sold DGI shares while 48 reduced holdings. 18 funds opened positions while 47 raised stakes. 55.87 million shares or 1.32% less from 56.61 million shares in 2017Q1 were reported. Pnc Service Gp Inc owns 1,200 shares. Rockefeller Financial Svcs Incorporated holds 468,274 shares. Hussman Strategic Inc owns 75,000 shares. Moreover, Manufacturers Life The has 0% invested in DigitalGlobe, Inc (NYSE:DGI). Northern Tru Corp holds 1.27M shares. Sg Americas Securities Ltd Liability Company holds 0.02% in DigitalGlobe, Inc (NYSE:DGI) or 79,382 shares. State Bank Of Montreal Can invested in 0% or 125,420 shares. Nationwide Fund Advsr holds 49,080 shares or 0.01% of its portfolio. Susquehanna International Ltd Liability Partnership has 92,004 shares for 0% of their portfolio. Credit Suisse Ag invested in 0% or 35,090 shares. Bluecrest Mngmt Limited reported 0.03% stake. Creative Planning holds 0% or 2,022 shares in its portfolio. Friedberg Investment Management holds 0.11% in DigitalGlobe, Inc (NYSE:DGI) or 8,000 shares. Moreover, Rhumbline Advisers has 0.01% invested in DigitalGlobe, Inc (NYSE:DGI) for 80,073 shares. Schwab Charles Invest Mgmt has invested 0.01% of its portfolio in DigitalGlobe, Inc (NYSE:DGI).

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By1 Dolores Ford

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