Digi International Inc. (DGII) Reaches $11.60 After 9.00% Up Move; METALLIC MINERALS COMMON SHARES (MMNGF) Shorts Up By 131.82%

April 18, 2018 - By Maria Brooks

Digi International Inc. (NASDAQ:DGII) Logo

The stock of Digi International Inc. (NASDAQ:DGII) is a huge mover today! The stock increased 3.57% or $0.4 during the last trading session, reaching $11.6. About 62,223 shares traded. Digi International Inc. (NASDAQ:DGII) has declined 11.62% since April 18, 2017 and is downtrending. It has underperformed by 23.17% the S&P500.The move comes after 9 months positive chart setup for the $313.53M company. It was reported on Apr, 18 by Barchart.com. We have $12.64 PT which if reached, will make NASDAQ:DGII worth $28.22 million more.

METALLIC MINERALS CORP COMMON SHARES (OTCMKTS:MMNGF) had an increase of 131.82% in short interest. MMNGF’s SI was 5,100 shares in April as released by FINRA. Its up 131.82% from 2,200 shares previously. With 30,800 avg volume, 0 days are for METALLIC MINERALS CORP COMMON SHARES (OTCMKTS:MMNGF)’s short sellers to cover MMNGF’s short positions. The SI to METALLIC MINERALS CORP COMMON SHARES’s float is 0.01%. The stock decreased 1.76% or $0.005 during the last trading session, reaching $0.2788. About 16,000 shares traded. Metallic Minerals Corp. (OTCMKTS:MMNGF) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 5 analysts covering Digi Intl (NASDAQ:DGII), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Digi Intl had 11 analyst reports since August 28, 2015 according to SRatingsIntel. The company was maintained on Friday, January 27 by Lake Street. The firm has “Neutral” rating by Sidoti given on Wednesday, August 24. On Monday, January 25 the stock rating was upgraded by Sidoti to “Buy”. Stephens initiated Digi International Inc. (NASDAQ:DGII) rating on Tuesday, September 1. Stephens has “Overweight” rating and $13 target. The firm earned “Buy” rating on Friday, February 2 by Roth Capital. The rating was initiated by Lake Street with “Buy” on Friday, August 28. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 27. The company was downgraded on Monday, October 16 by Sidoti. Canaccord Genuity maintained it with “Buy” rating and $15.0 target in Friday, January 26 report. The stock of Digi International Inc. (NASDAQ:DGII) has “Buy” rating given on Thursday, October 26 by Canaccord Genuity.

Analysts await Digi International Inc. (NASDAQ:DGII) to report earnings on April, 26 after the close. They expect $0.01 EPS, down 80.00% or $0.04 from last year’s $0.05 per share. DGII’s profit will be $270,285 for 290.00 P/E if the $0.01 EPS becomes a reality. After $-0.07 actual EPS reported by Digi International Inc. for the previous quarter, Wall Street now forecasts -114.29% EPS growth.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.36, from 0.95 in 2017Q3. It improved, as 4 investors sold Digi International Inc. shares while 32 reduced holdings. 13 funds opened positions while 34 raised stakes. 20.88 million shares or 1.46% more from 20.57 million shares in 2017Q3 were reported. Hotchkis Wiley Mgmt Limited holds 0% or 79,846 shares in its portfolio. Aqr Mngmt Limited Com owns 0% invested in Digi International Inc. (NASDAQ:DGII) for 146,275 shares. Texas Permanent School Fund stated it has 0% of its portfolio in Digi International Inc. (NASDAQ:DGII). Goldman Sachs, New York-based fund reported 113,945 shares. Moreover, Bridgeway Mgmt Inc has 0.02% invested in Digi International Inc. (NASDAQ:DGII) for 208,650 shares. Assetmark Inc, a California-based fund reported 13 shares. Moreover, Wealthtrust has 0% invested in Digi International Inc. (NASDAQ:DGII) for 816 shares. Teachers Retirement Systems Of The State Of Kentucky holds 5,500 shares. The New York-based Prelude Capital Ltd Liability Corp has invested 0.01% in Digi International Inc. (NASDAQ:DGII). Barrow Hanley Mewhinney & Strauss Ltd, a Texas-based fund reported 89,399 shares. Kbc Gru Nv accumulated 0% or 29,341 shares. Tiaa Cref Mngmt Ltd Com owns 118,851 shares for 0% of their portfolio. Legal & General Group Public Ltd Com invested in 48,490 shares. Punch & Investment has 1.16% invested in Digi International Inc. (NASDAQ:DGII) for 1.41 million shares. 2.25 million are held by Dimensional Fund Advisors L P.

Since February 16, 2018, it had 0 insider buys, and 1 insider sale for $42,000 activity. Riley Kevin C. sold $42,000 worth of stock or 4,000 shares.

Digi International Inc. (NASDAQ:DGII) Institutional Positions Chart

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By1 Maria Brooks

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