Pro-dex Inc (NASDAQ:PDEX) on Focus After Report of Less Shorts

August 9, 2018 - By Vernon Prom

Pro-Dex, Inc. (NASDAQ:PDEX) Logo

Investors sentiment increased to 3 in Q1 2018. Its up 1.50, from 1.5 in 2017Q4. It increased, as 0 investors sold Pro-Dex, Inc. shares while 2 reduced holdings. 2 funds opened positions while 4 raised stakes. 270,873 shares or 5.51% more from 256,735 shares in 2017Q4 were reported.
Panagora Asset accumulated 6,349 shares or 0% of the stock. Royal Comml Bank Of Canada owns 1 shares or 0% of their US portfolio. Deutsche Bankshares Ag owns 26,024 shares for 0% of their portfolio. Thompson Davis & Co holds 2,000 shares. Acadian Asset Mgmt Ltd Company holds 0% or 26,002 shares. Vanguard Grp Incorporated accumulated 32,755 shares. Renaissance Tech Ltd, a New York-based fund reported 44,967 shares. Lsv Asset Management reported 6,700 shares. Bridgeway Capital Mgmt holds 76,600 shares. First Wilshire Mngmt holds 0.03% in Pro-Dex, Inc. (NASDAQ:PDEX) or 14,000 shares. Macquarie Limited accumulated 33,820 shares. Morgan Stanley invested in 0% or 900 shares. Blackrock Inc has 0% invested in Pro-Dex, Inc. (NASDAQ:PDEX).

Since February 12, 2018, it had 1 buy, and 1 insider sale for $5,085 activity. Another trade for 2,200 shares valued at $14,850 was made by Farrell William James III on Monday, February 12.

The stock of Pro-dex Inc (NASDAQ:PDEX) registered a decrease of 21.18% in short interest. PDEX’s total short interest was 6,700 shares in August as published by FINRA. Its down 21.18% from 8,500 shares, reported previously. With 4,600 shares average volume, it will take short sellers 2 days to cover their PDEX’s short positions. The short interest to Pro-dex Inc’s float is 0.26%.

The stock decreased 1.50% or $0.1 during the last trading session, reaching $6.55. About 2,750 shares traded. Pro-Dex, Inc. (NASDAQ:PDEX) has risen 15.68% since August 9, 2017 and is uptrending. It has outperformed by 3.11% the S&P500.

Pro-Dex, Inc., together with its subsidiaries, designs, develops, and makes powered surgical instruments for medical device original equipment manufacturers, dental instruments, and rotary air motors worldwide. The company has market cap of $28.52 million. It also makes plastic injection molds for various industries; and machined parts. It has a 12.74 P/E ratio. Further, it provides engineering consulting and placement services, as well as quality and regulatory consulting services.

Pro-Dex, Inc. (NASDAQ:PDEX) Institutional Positions Chart

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