Numeric Investors Has Lifted By $603,816 Its Psychemedics (PMD) Holding; Shorts at Conformis (CFMS) Lowered By 11.96%

December 7, 2017 - By Kurt Siggers

Numeric Investors Llc increased Psychemedics Corp (PMD) stake by 44.44% reported in 2017Q2 SEC filing. Numeric Investors Llc acquired 25,159 shares as Psychemedics Corp (PMD)’s stock rose 8.37%. The Numeric Investors Llc holds 81,774 shares with $2.04M value, up from 56,615 last quarter. Psychemedics Corp now has $115.61 million valuation. The stock increased 3.19% or $0.65 during the last trading session, reaching $21.05. About 4,325 shares traded. Psychemedics Corporation (NASDAQ:PMD) has risen 66.72% since December 7, 2016 and is uptrending. It has outperformed by 50.02% the S&P500.

Conformis Incorporated (NASDAQ:CFMS) had a decrease of 11.96% in short interest. CFMS’s SI was 3.31M shares in December as released by FINRA. Its down 11.96% from 3.76 million shares previously. With 108,000 avg volume, 31 days are for Conformis Incorporated (NASDAQ:CFMS)’s short sellers to cover CFMS’s short positions. The SI to Conformis Incorporated’s float is 8.49%. The stock decreased 0.41% or $0.01 during the last trading session, reaching $2.44. About 63,502 shares traded. ConforMIS, Inc. (NASDAQ:CFMS) has declined 24.03% since December 7, 2016 and is downtrending. It has underperformed by 40.73% the S&P500.

Among 10 analysts covering ConforMIS Inc (NASDAQ:CFMS), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. ConforMIS Inc had 25 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, October 16 by Canaccord Genuity. The firm earned “Hold” rating on Wednesday, August 9 by Canaccord Genuity. BTIG Research maintained the shares of CFMS in report on Friday, July 14 with “Hold” rating. The stock of ConforMIS, Inc. (NASDAQ:CFMS) has “Buy” rating given on Monday, July 27 by Deutsche Bank. On Tuesday, December 1 the stock rating was initiated by Sterne Agee CRT with “Buy”. The stock has “Neutral” rating by JP Morgan on Tuesday, August 9. The stock has “Buy” rating by B. Riley & Co on Friday, September 16. The stock of ConforMIS, Inc. (NASDAQ:CFMS) has “Hold” rating given on Friday, August 4 by Deutsche Bank. The stock of ConforMIS, Inc. (NASDAQ:CFMS) earned “Hold” rating by BTIG Research on Monday, June 26. Wells Fargo downgraded the shares of CFMS in report on Friday, May 13 to “Market Perform” rating.

ConforMIS, Inc., a medical technology company, develops, makes, and sells customized joint replacement implants. The company has market cap of $110.51 million. The firm offers customized knee replacement products, including iTotal CR, a cruciate-retaining product; iTotal PS, a posterior cruciate ligament substituting product; iDuo, a customized bicompartmental knee replacement system; and iUni, a customized unicompartmental knee replacement product for treatment of the medial or lateral compartment of the knee, as well as provides iJigs, customized single-use patient-specific instruments. It currently has negative earnings. It is also developing iTotal Hip, a customized total hip replacement implant.

Investors sentiment increased to 1.81 in 2017 Q2. Its up 0.57, from 1.24 in 2017Q1. It is positive, as 3 investors sold PMD shares while 13 reduced holdings. 9 funds opened positions while 20 raised stakes. 2.86 million shares or 8.00% more from 2.64 million shares in 2017Q1 were reported. Moors Cabot owns 317,297 shares or 1.31% of their US portfolio. Tfs Capital, Pennsylvania-based fund reported 14,020 shares. Pnc Fincl Service holds 0% of its portfolio in Psychemedics Corporation (NASDAQ:PMD) for 800 shares. Connors Investor holds 0.05% or 11,902 shares. 22,630 are held by Invesco Limited. 219,169 were accumulated by Vanguard Group Inc. Blackrock Incorporated reported 0% stake. Wells Fargo & Com Mn has invested 0% in Psychemedics Corporation (NASDAQ:PMD). Royal National Bank & Trust Of Canada has invested 0% of its portfolio in Psychemedics Corporation (NASDAQ:PMD). Jpmorgan Chase & has 16,564 shares. Millennium Management Ltd Limited Liability Company reported 63,829 shares. Carl Domino owns 14,485 shares. Deutsche Fincl Bank Ag has 6,722 shares for 0% of their portfolio. Bankshares Of America De owns 2,075 shares. 24,000 were reported by Spark Investment Ltd Liability.

Numeric Investors Llc decreased Wells Fargo Co New (NYSE:WFC) stake by 135,900 shares to 23,600 valued at $1.31M in 2017Q2. It also reduced Kite Rlty Group Tr (NYSE:KRG) stake by 221,625 shares and now owns 814,216 shares. Rubicon Proj Inc (NYSE:RUBI) was reduced too.

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By1 Kurt Siggers

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