Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a long build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.
IDEX Co. (NYSE:IEX – Get Free Report) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 1,030,000 shares, a decrease of 10.4% from the October 31st total of 1,150,000 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily […]
Credit Suisse AG increased its position in shares of IDEX Co. (NYSE:IEX – Free Report) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,595 shares of the industrial products company’s stock after purchasing an additional 3,299 shares during the quarter. […]
Franklin Resources Inc. decreased its position in IDEX Co. (NYSE:IEX – Free Report) by 10.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 185,665 shares of the industrial products company’s stock after selling 21,541 shares during the quarter. Franklin Resources Inc. owned 0.25% […]
Shares of IDEX Co. (NYSE:IEX – Get Free Report) have received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month […]