Senomyx Inc shares had a trading volume of 1,068K in the last trading session. Overall, volume was up 170.10% over the stocks normal daily volume.
Investors are more bullish on Senomyx Inc lately considering the decrease in short interest. The company had a fall in short interest of -4.53% between September 29, 2017 and October 13, 2017. Short interest fell from 1,027,110 to 980,569 over that period. With short interest at 980,569 and short average daily volume at 286,078, days to cover is 3.0 and the percentage of shorted shares was 0.02% on October 13.
These funds have shifted positions in (SNMX). As of quarter end State Street Corp had sold a total of 3,271 shares trimming its position 12.6%. The value in dollars went from $21,000 to $13,000 a change of $8,000 since the last quarter. As of the end of the quarter Jacobs Levy Equity Management, Inc had acquired 2,300 shares growing its stake by 1.2%. The value of the investment in SNMX decreased from $157,000 to $116,000 decreasing 26.1% for the reporting period.
As of quarter end Algert Global LLC had bought a total of 46,000 shares growing its holdings by 14.7%. The value of the total investment in Senomyx Inc went from $260,000 to $218,000 a change of 16.2% quarter to quarter. Lagoda Investment Management, L.p. divested its position by selling 572,368 shares a decrease of 27.9% as of 09/30/2017. Lagoda Investment Management, L.p. now holds 1,481,024 shares worth $898,000. The total value of its holdings decreased 47.3%.
In the market the company is trading up by 10.88% percent from yesterday’s close. The company currently has a P/E ratio of N/A and the market cap is 75.24M. As of the last earnings report the EPS was $-0.26 with 47.79M shares outstanding.
Senomyx, Inc., launched on September 16, 1998, is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. The Company is involved in the discovery, development and/or commercialization of flavor ingredients through its approximately five programs focused on sweet, savory, bitter, cooling and salt taste areas. The Business’s taste receptor-based assays are used in its screening systems and for screening its compound libraries and identifying flavor ingredients..