Calix Incorporated (NYSE:CALX) Can’t Be More Risky. Short Interest Increased

September 17, 2017 - By Linda Rogers

 Calix Incorporated (NYSE:CALX) Can't Be More Risky. Short Interest Increased

Investors sentiment increased to 1.3 in 2016 Q4. Its up 0.38, from 0.92 in 2016Q3. It improved, as 2 investors sold Calix Inc shares while 35 reduced holdings. 17 funds opened positions while 31 raised stakes. 30.79 million shares or 1.21% less from 31.16 million shares in 2016Q3 were reported.
D E Shaw & Comm, a New York-based fund reported 911,975 shares. Comml Bank Of New York Mellon Corporation owns 477,963 shares or 0% of their US portfolio. California-based Parallax Volatility Advisers L P has invested 0% in Calix Inc (NYSE:CALX). Legal And General Gru Pcl reported 0% of its portfolio in Calix Inc (NYSE:CALX). 3.04M were accumulated by Dimensional Fund Advsrs L P. Fmr Ltd Llc invested 0% of its portfolio in Calix Inc (NYSE:CALX). Prelude Cap Limited Liability, New York-based fund reported 2,900 shares. Symmetry Peak Mgmt Limited Liability Corporation invested in 0.14% or 53,940 shares. Thompson Davis And reported 0.01% stake. California State Teachers Retirement owns 0% invested in Calix Inc (NYSE:CALX) for 84,986 shares. Bancshares Of America De holds 22,839 shares. Jefferies Grp Limited Liability has invested 0% in Calix Inc (NYSE:CALX). Perkins Capital Incorporated, Minnesota-based fund reported 16,234 shares. Rhumbline Advisers stated it has 0% of its portfolio in Calix Inc (NYSE:CALX). Bnp Paribas Arbitrage Sa holds 2,881 shares.

The stock of Calix Incorporated (NYSE:CALX) registered an increase of 39.66% in short interest. CALX’s total short interest was 1.16M shares in September as published by FINRA. Its up 39.66% from 828,000 shares, reported previously. With 270,700 shares average volume, it will take short sellers 4 days to cover their CALX’s short positions. The short interest to Calix Incorporated’s float is 2.9%.

The stock increased 1.02% or $0.05 on September 15, reaching $4.95. About 598,185 shares traded or 70.08% up from the average. Calix Inc (NYSE:CALX) has risen 5.89% since September 17, 2016 and is uptrending. It has underperformed by 10.81% the S&P500.

Calix, Inc. provides broadband communications access systems and software for fiber- and copper network architectures that enable communications service providers , to transform their networks and connect to their residential and business subscribers. The company has market cap of $249.02 million. The Firm enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. It currently has negative earnings. It develops and sells carrier-class hardware and cloud products.

Calix Inc (NYSE:CALX) Ratings Coverage

Among 6 analysts covering Calix Inc. (NYSE:CALX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Calix Inc. had 12 analyst reports since September 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Craig Hallum given on Wednesday, November 2. The stock has “Hold” rating by Northland Capital on Monday, August 7. The stock of Calix Inc (NYSE:CALX) earned “Hold” rating by Jefferies on Friday, March 24. The rating was maintained by Jefferies with “Hold” on Tuesday, August 8. Northland Capital downgraded Calix Inc (NYSE:CALX) on Wednesday, February 15 to “Market Perform” rating. Jefferies maintained Calix Inc (NYSE:CALX) on Monday, June 26 with “Hold” rating. The firm has “Buy” rating given on Friday, January 8 by Stifel Nicolaus. The rating was initiated by Drexel Hamilton with “Buy” on Friday, December 18. The stock has “Hold” rating by Jefferies on Friday, October 30. The stock of Calix Inc (NYSE:CALX) earned “Outperform” rating by Northland Capital on Wednesday, September 30.

More notable recent Calix Inc (NYSE:CALX) news were published by: Globenewswire.com which released: “Calix Reinvents Connected Home Support and Experience Management with Calix …” on June 28, 2017, also Globenewswire.com with their article: “Calix Reports First Quarter 2017 Financial Results” published on May 09, 2017, Globenewswire.com published: “Veteran Technology Executive Kira Makagon Joins Calix Board of Directors” on July 20, 2017. More interesting news about Calix Inc (NYSE:CALX) were released by: Seekingalpha.com and their article: “Calix’ Q3 Results” published on August 19, 2017 as well as Globenewswire.com‘s news article titled: “Marketing Visionary Matt Collins Joins Calix as CMO” with publication date: July 18, 2017.

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