It Seems Points International LTD.HARES (NASDAQ:PCOM) Will Go Up. Just Reported Less Shorted Shares

August 9, 2018 - By Robert Shackelford

Points International Ltd. (NASDAQ:PCOM) Logo

Investors sentiment increased to 2 in Q1 2018. Its up 0.31, from 1.69 in 2017Q4. It increased, as 6 investors sold Points International Ltd. shares while 8 reduced holdings. 12 funds opened positions while 16 raised stakes. 5.23 million shares or 1.53% more from 5.15 million shares in 2017Q4 were reported.
Moreover, Wedge Cap Management L Ltd Partnership Nc has 0% invested in Points International Ltd. (NASDAQ:PCOM) for 39,000 shares. Wealthtrust Axiom reported 808,962 shares. 351,096 were reported by Rice Hall James Associates Ltd Company. Hillsdale Inv Mngmt Inc holds 112,300 shares or 0.15% of its portfolio. Millennium Mgmt Llc invested in 0% or 29,800 shares. 35,149 are owned by Susquehanna Group Incorporated Llp. Cannell Lc holds 1.67% or 532,071 shares in its portfolio. Moreover, Royal Retail Bank Of Canada has 0% invested in Points International Ltd. (NASDAQ:PCOM) for 11,470 shares. Blackrock accumulated 130,520 shares. Trexquant Investment Limited Partnership has 15,593 shares for 0.01% of their portfolio. The New York-based Tower Rech Lc (Trc) has invested 0% in Points International Ltd. (NASDAQ:PCOM). Td Asset Management owns 157,185 shares for 0% of their portfolio. Matarin Capital Ltd Co has 0% invested in Points International Ltd. (NASDAQ:PCOM). Fincl Bank Of Mellon, New York-based fund reported 53,731 shares. Ny State Common Retirement Fund invested in 0% or 3,899 shares.

The stock of Points International LTD.HARES (NASDAQ:PCOM) registered a decrease of 63.29% in short interest. PCOM’s total short interest was 7,600 shares in August as published by FINRA. Its down 63.29% from 20,700 shares, reported previously. With 61,700 shares average volume, it will take short sellers 0 days to cover their PCOM’s short positions. The short interest to Points International LTD.HARES’s float is 0.06%.

The stock increased 1.06% or $0.16 during the last trading session, reaching $15.2. About 47,822 shares traded. Points International Ltd. (NASDAQ:PCOM) has risen 32.87% since August 9, 2017 and is uptrending. It has outperformed by 20.30% the S&P500.

Points International Ltd. provides e-commerce and technology services to loyalty program operators in the United States, Canada, Europe, and internationally. The company has market cap of $221.76 million. The firm offers various white label or private branded e-commerce services, including online sale of loyalty currency direct to program members in order for the members to top-up their accounts to reach a redemption threshold or as a gift for friends and family members; and the online transfer of pre-existing loyalty currency from one member into another memberÂ’s account, primarily a family member or friend, as another means of enabling that other member to accumulate sufficient miles or points to reach a redemption threshold. It has a 46.77 P/E ratio. It also operates Points Loyalty Wallet, a set of platform capabilities accessible through application program interfaces that enable loyalty programs, merchants, and other businesses to embed balance tracking and loyalty commerce transactions into their product offerings, and allow users to track, manage, and access multiple loyalty rewards programs.

More important recent Points International Ltd. (NASDAQ:PCOM) news were published by: Seekingalpha.com which released: “Points International, Ltd. (PCOM) CEO Rob MacLean on Q2 2018 Results – Earnings Call Transcript” on August 09, 2018, also Nasdaq.com published article titled: “Points International to Hold Second Quarter 2018 Conference Call on Wednesday, August 8, 2018 at 4:30 pm ET”, Globenewswire.com published: “Points International Reports Record Second Quarter 2018 Results” on August 08, 2018. More interesting news about Points International Ltd. (NASDAQ:PCOM) was released by: Seekingalpha.com and their article: “Points International: 60+% In 60+ Days” with publication date: July 16, 2018.

Points International Ltd. (NASDAQ:PCOM) Institutional Positions Chart

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