Arris International Plc – Ordinary Shares (NASDAQ:ARRS) Sellers Decreased By 12.49% Their Shorts

May 16, 2018 - By Joseph Norton

ARRIS International plc (NASDAQ:ARRS) Corporate Logo

Big Money Sentiment decreased to 0 in Q4 2017. It has change of 2.00, from 2017Q3’s 2. The ratio turned negative due to ARRIS International plc positioning: 1 sold and 2 reduced. 0 funds took positions and 0 increased positions. Investors holded 268,129 in 2017Q3 but now own 235,503 shares or 12.17% less.
First Natl Bank Of Omaha holds 64,640 shs or 0.1% of its capital. Baxter Bros invested in 168,615 shs. Vantage Limited stated it has 2,149 shs. Gemmer Asset Limited Liability Corp reported 99 shs.

It was noted a decrease on Arris International Plc – Ordinary Shares (NASDAQ:ARRS)’s short interest with 12.49%. In May was announced ARRS’s total 5.18 million short interest by FINRA. The 5.92M previous shares are down with 12.49%. 6 days will cost ARRS with 863,200 average volume to recover its previous position. 3.13% is Arris International Plc – Ordinary Shares float short.

ARRS touched $26.56 during the last trading session after $0.24 change.ARRIS International plc has 1.80 million shares volume, 34.22% up from normal. ARRS is uptrending and has moved 0.41% since May 16, 2017. ARRS underperformed the S&P 500 by 11.14%.

ARRIS International plc, together with its subsidiaries, provides media entertainment and data communications solutions in the United States and internationally.The firm is valued at $4.95 billion. It operates through two divisions, Customer Premises Equipment and Network & Cloud.54.2 is the P/E ratio. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and wireless connectivity or other wired connectivity products that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers.

ARRIS International plc (NASDAQ:ARRS) Ratings Coverage

A total of 4 analysts rate Arris Group (NASDAQ:ARRS) as follows: 2 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:ARRS) has 4 ratings reports on May 16, 2018 according to StockzIntelligence. The stock rating was maintained by Raymond James with “Buy” on Friday, December 1. The stock rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, December 19. In Thursday, March 22 report Barclays Capital initiated the stock with “Hold” rating.

Another two news for ARRIS International plc (NASDAQ:ARRS) were briefly published by: Prnewswire.com on May 11, 2018 with title “ARRIS to Present at JP Morgan’s 46th Annual Technology, Media and Communications Conference”. The other Globenewswire.com‘s article was titled “New Research: Key Drivers of Growth for ARRIS International plc, Tapestry, Dollar General, AMC Entertainment …” and published on May 09, 2018.

ARRIS International plc (NASDAQ:ARRS) Analyst Ratings Chart

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