Ebix, Inc. (EBIX) to pay $0.08 on Jun 15, 2017; Mitcham Industries (MIND) Shorts Decreased By 8.81%

May 25, 2017 - By Henry Gaston

Ebix, Inc. (NASDAQ:EBIX) is expected to pay $0.08 on Jun 15, 2017. $0.30 is the ADY. (NASDAQ:EBIX) shareholders before May 26, 2017 will receive the $0.08 dividend. Ebix, Inc.’s current price of $55.55 translates into 0.14% yield. Ebix, Inc.’s dividend has May 31, 2017 as record date. May 12, 2017 is the announcement. The stock increased 3.83% or $2.05 during the last trading session, reaching $55.55. About shares traded. Ebix Inc (NASDAQ:EBIX) has risen 21.95% since May 25, 2016 and is uptrending. It has outperformed by 5.25% the S&P500.

Mitcham Industries Incorporated (NASDAQ:MIND) had a decrease of 8.81% in short interest. MIND’s SI was 29,000 shares in May as released by FINRA. Its down 8.81% from 31,800 shares previously. With 25,000 avg volume, 1 days are for Mitcham Industries Incorporated (NASDAQ:MIND)’s short sellers to cover MIND’s short positions. The SI to Mitcham Industries Incorporated’s float is 0.29%. The stock decreased 0.73% or $0.03 on May 24, reaching $4.07. About shares traded. Mitcham Industries, Inc. (NASDAQ:MIND) has risen 10.89% since May 25, 2016 and is uptrending. It has underperformed by 5.81% the S&P500.

Mitcham Industries, Inc. is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The company has market cap of $50.18 million. The Firm operates through two divisions. It currently has negative earnings. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the gas and oil industry across the world.

Since April 11, 2017, it had 1 insider buy, and 0 selling transactions for $48,000 activity. $48,000 worth of stock was bought by GLANVILLE THOMAS S on Tuesday, April 11.

Among 2 analysts covering Mitcham Industries (NASDAQ:MIND), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Mitcham Industries had 3 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 10 by Zacks. On Wednesday, September 23 the stock rating was upgraded by Sidoti to “Buy”. The firm earned “Neutral” rating on Tuesday, November 3 by Seaport Global Securities.

Investors sentiment increased to 0.87 in Q4 2016. Its up 0.20, from 0.67 in 2016Q3. It is positive, as 4 investors sold Mitcham Industries, Inc. shares while 11 reduced holdings. 3 funds opened positions while 10 raised stakes. 7.30 million shares or 1.75% less from 7.43 million shares in 2016Q3 were reported. Moreover, Renaissance Techs Limited Liability Corp has 0% invested in Mitcham Industries, Inc. (NASDAQ:MIND) for 209,100 shares. Boston Prns reported 448,727 shares. Creative Planning accumulated 200 shares or 0% of the stock. 28,600 were reported by Prudential Finance. Manufacturers Life Insur Co The invested in 0% or 521 shares. 149,600 were accumulated by State Common Retirement Fund. 20,500 were reported by Virginia Retirement Et Al. Ariel Invs Ltd Liability Corp holds 2.93 million shares or 0.14% of its portfolio. 33,200 are owned by California Pub Employees Retirement Systems. Rbf Cap Limited Liability Company has invested 0.09% of its portfolio in Mitcham Industries, Inc. (NASDAQ:MIND). National Bank Of America De holds 101 shares. Vanguard Gru stated it has 0% of its portfolio in Mitcham Industries, Inc. (NASDAQ:MIND). Shufro Rose Limited Liability Co has invested 0.01% of its portfolio in Mitcham Industries, Inc. (NASDAQ:MIND). 188,200 were accumulated by Bridgeway Cap Mngmt. Aegis Finance Corporation has 890,187 shares for 3.63% of their portfolio.

Investors sentiment increased to 0.93 in Q4 2016. Its up 0.05, from 0.88 in 2016Q3. It improved, as 19 investors sold Ebix Inc shares while 62 reduced holdings. 30 funds opened positions while 45 raised stakes. 20.09 million shares or 3.51% less from 20.82 million shares in 2016Q3 were reported. Vanguard Gru holds 0.01% or 2.00M shares in its portfolio. Omers Administration has 15,600 shares. 23,954 were accumulated by Comerica Fincl Bank. 5,715 were reported by Da Davidson And. Deutsche Bank & Trust Ag holds 0% in Ebix Inc (NASDAQ:EBIX) or 55,590 shares. Tower Research Capital Limited Liability Com (Trc) accumulated 0% or 529 shares. Goldman Sachs Group owns 109,741 shares. 750 were accumulated by Fifth Third National Bank & Trust. Barclays Plc has invested 0% in Ebix Inc (NASDAQ:EBIX). Blackrock reported 2,316 shares. Next Financial Gp Incorporated invested in 0% or 100 shares. P2 Capital Limited Liability Com invested in 12.13% or 1.62M shares. Shell Asset Mngmt holds 0.03% in Ebix Inc (NASDAQ:EBIX) or 17,647 shares. Blackrock Fund Advisors has invested 0.02% in Ebix Inc (NASDAQ:EBIX). Weatherbie Capital Lc reported 295,530 shares.

Since December 1, 2016, it had 0 buys, and 9 sales for $3.17 million activity. Shares for $152,099 were sold by Keller Hans Ueli. Shares for $455,100 were sold by d’Apice Leon Royden Thomas on Thursday, March 23. Eckert Neil D sold $1.15 million worth of stock. $265,976 worth of Ebix Inc (NASDAQ:EBIX) was sold by Benz Hans U on Monday, December 19. 1,212 shares were sold by Kerris Robert F, worth $71,411.

Ebix, Inc. is a supplier of software and e-commerce solutions to the insurance industry. The company has market cap of $1.75 billion. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. It has a 18.4 P/E ratio. Ebix conducts its activities through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS).