CPS Technologies Corp. shares had a trading volume of 12K by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 80.21% under the normal average daily volume.
Investors are a little more bullish on the company lately as indicated by the decrease in short interest. The company had a fall in short interest of -95.20% between September 29, 2017 and October 13, 2017. Short shares decreased from 21,828 to 1,048 over that period. Days to cover decreased from 2.0 to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (CPSH). Goldman Sachs Group Inc cut its position by selling 2,723 shares a decrease of 18.6%. Goldman Sachs Group Inc now holds 11,894 shares with a value of $14,000. The total value of its holdings decreased 36.4%. As of quarter end Blackrock Inc. had acquired 508 shares growing its position 18.4%. The value of the investment in CPS Technologies Corp. went from $4,000 to $4,000 a change of 0.0% since the last quarter.
As of the end of the quarter Citadel Advisors LLC had sold a total of 590 shares trimming its stake by 3.1%. The value of the investment in CPSH decreased from $28,000 to $22,000 decreasing 21.4% quarter to quarter. As of the end of the quarter Ubs Group Ag had acquired 4,600 shares growing its holdings by 598.2%. The value of the investment in (CPSH) increased from $1,000 to $6,000 a change of $5,000 quarter over quarter.
The company is so far trading up by 3.56% since yesterday’s close of $1.16. It is trading at $1.16 just a bit higher than the 50 day moving average of $1.14 and just a bit lower than the 200 day moving average of $1.24. The 50 day moving average was up by +1.5479% whereas the 200 day moving average was down $-0.08 or -6.0947%.
CPS Technologies Corporation (CPS), launched on April 13, 1987, provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. The Business’s primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. It designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. It provides lids and heat spreaders used with integrated circuits in Internet switches and routers..