Trading was light with 24K shares changing hands in the last trading session. Volume was down 96.10% under the stocks average daily volume.
Investors are more bullish on Insignia Systems lately if you take a look at the motion in short interest. The stock saw a fall in short interest of -5.86% between September 29, 2017 and October 13, 2017. Short shares decreased 627 over that period. Days to cover increased from 1.0 to 2.0 and the percentage of shorted shares was 0.00% on October 13.
The following firms have recently changed their position in ISIG. As of quarter end Renaissance Technologies LLC had bought 5,000 shares growing its stake by 0.8%. The value of the investment in (ISIG) went from $885,000 to $613,000 a change of $272,000 since the last quarter. Blackrock Inc. trimmed its position by selling 488,102 shares a decrease of 99.2% in the quarter. Blackrock Inc. owns 4,175 shares with a value of $4,000. The total value of its holdings decreased 99.5%.
Ubs Group Ag added to its holdings by buying 137 shares an increase of 263.5% as of 06/30/2017. Ubs Group Ag now controls 189 shares worth $0. The value of the position overall is down by nan%. As of the end of the quarter Dimensional Fund Advisors Lp had disposed of a total of 54,828 shares trimming its position 58.4%. The value of the investment in Insignia Systems decreased from $98,000 to $42,000 a change of 57.1% quarter to quarter.
In the market the company is trading down from yesterday’s close of 1.68. Insignia Systems currently has a P/E ratio of N/A and the market cap of the company is 19.88M. In the last earnings report the EPS was $-0.17 with 11.91M shares currently outstanding.
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..