Shares last traded at $1.24 a bit higher than the 50 day moving average of $1.14 and well above the 200 day moving average of $1.07. The 50 day moving average was up by +8.61% and the 200 day average went up by +15.59%. Insignia Systems, Inc. shares had a trading volume of 35K in the last trading session. Trading volume was down 43.10% under the stocks average daily volume.
Short traders are feeling a little more bullish on shares of the company recently if you take into consideration the decrease in short interest. The stock had a fall in short interest of -5.86% between September 29, 2017 and October 13, 2017. Short shares fell from 10,693 to 10,066 over that timeframe. With short interest at 10,066 and short average daily volume at 5,964, the short-interest ratio is 2.0 and the percentage of shorted shares was 0.00% on October 13.
These firms have modified their investment in ISIG. As of the end of the quarter Renaissance Technologies LLC had acquired 5,000 shares growing its stake by 0.8%. The value in dollars decreased from $885,000 to $613,000 a change of $272,000 quarter to quarter. Blackrock Inc. reduced its investment by shedding 488,102 shares a decrease of 99.2% from 03/31/2017 to 06/30/2017. Blackrock Inc. claims 4,175 shares valued at $4,000. The total value of its holdings decreased 99.5%.
As of quarter end Bank Of NEW York Mellon Corp had bought a total of 21,960 shares growing its holdings by 7,369.1%. The value of the investment in Insignia Systems, Inc. went from $0 to $23,000 a change of inf% for the reporting period. Ubs Group Ag expanded its ownership by buying 137 shares an increase of 263.5% in the quarter. Ubs Group Ag now controls 189 shares worth $0. The value of the position overall is down by nan%.
Insignia Systems, Inc. (Insignia), launched on January 2, 1990, is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners to drive sales at the point of purchase. The Business’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Business’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine. The Company focuses on managing a retail network, made up of over 22,000 store locations, for the primary purpose of providing at-shelf market access for consumer packaged goods (CPG) manufacturers’ marketing programs. The Business’s POPS program is a national, account-specific, shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase and to leverage the local retailer brand and store-specific prices to provide a call to action that draws attention to the featured brand and triggers a purchase decision. The Like Machine is an in-store consumer approval device..