Sound Shore Management Boosted Vodafone Group Plc Adr (VOD) Position By $24.51 Million; Issuer Direct (NYSEMKT:ISDR) Shorts Lowered By 36%

June 22, 2017 - By Adrian Mccoy

Issuer Direct Corporation (NYSEMKT:ISDR) had a decrease of 36% in short interest. ISDR’s SI was 1,600 shares in June as released by FINRA. Its down 36% from 2,500 shares previously. With 15,000 avg volume, 0 days are for Issuer Direct Corporation (NYSEMKT:ISDR)’s short sellers to cover ISDR’s short positions. The SI to Issuer Direct Corporation’s float is 0.09%. It is 0.00% or $0 reaching $12.6 per share. It is down 123.64% since June 22, 2016 and is uptrending. It has outperformed by 106.94% the S&P500.

Sound Shore Management Inc increased Vodafone Group Plc Adr (VOD) stake by 20.19% reported in 2016Q4 SEC filing. Sound Shore Management Inc acquired 1.02M shares as Vodafone Group Plc Adr (VOD)’s stock rose 16.21%. The Sound Shore Management Inc holds 6.08M shares with $148.54 million value, up from 5.06M last quarter. Vodafone Group Plc Adr now has $75.52B valuation. The stock rose 0.70% or $0.2 reaching $28.75 per share. About 639,692 shares traded. Vodafone Group Plc (ADR) (NASDAQ:VOD) has declined 13.23% since June 22, 2016 and is downtrending. It has underperformed by 29.93% the S&P500.

Since February 16, 2017, it had 0 insider buys, and 11 selling transactions for $3.91 million activity. On Friday, April 28 Red Oak Partners – LLC sold $992,630 worth of Issuer Direct Corp (NYSEMKT:ISDR) or 85,942 shares.

Issuer Direct Corporation is a provider of disclosure management solutions and cloud compliance technologies. The company has market cap of $36.91 million. The Firm reports its services and products revenues in revenue streams, such as disclosure management, shareholder communications, and platforms and technology. It has a 26.66 P/E ratio. The Firm works with a client base in the financial services industry, including brokerage firms, banks and mutual funds.

Investors sentiment decreased to 1.67 in 2016 Q4. Its down 0.33, from 2 in 2016Q3. It worsened, as 3 investors sold Issuer Direct Corp shares while 0 reduced holdings. 2 funds opened positions while 3 raised stakes. 83,892 shares or 17.74% more from 71,249 shares in 2016Q3 were reported. Deutsche Bankshares Ag owns 0% invested in Issuer Direct Corp (NYSEMKT:ISDR) for 7,900 shares. Geode Management Limited Liability owns 35,897 shares for 0% of their portfolio. Morgan Stanley accumulated 2,300 shares or 0% of the stock. Susquehanna Grp Incorporated Llp owns 11,854 shares for 0% of their portfolio. Acadian Asset Mgmt Ltd has invested 0% in Issuer Direct Corp (NYSEMKT:ISDR). 12,500 are held by Comerica National Bank & Trust. Blackrock Fund Advsrs holds 0% or 318 shares. Renaissance Techs Limited Com invested 0% in Issuer Direct Corp (NYSEMKT:ISDR). Estabrook holds 2 shares.

Among 7 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Vodafone Group PLC (ADR) had 11 analyst reports since October 19, 2015 according to SRatingsIntel. On Monday, November 21 the stock rating was downgraded by BNP Paribas to “Neutral”. As per Monday, June 13, the company rating was downgraded by Macquarie Research. The firm has “Hold” rating given on Tuesday, September 20 by Argus Research. The rating was downgraded by Bank of America on Wednesday, January 25 to “Neutral”. Macquarie Research upgraded Vodafone Group Plc (ADR) (NASDAQ:VOD) on Monday, October 19 to “Outperform” rating. Bank of America upgraded the shares of VOD in report on Wednesday, April 20 to “Buy” rating. As per Monday, June 12, the company rating was upgraded by Argus Research. Goldman Sachs upgraded Vodafone Group Plc (ADR) (NASDAQ:VOD) on Tuesday, January 10 to “Buy” rating. The rating was downgraded by Standpoint Research to “Reduce” on Thursday, June 1. On Tuesday, January 3 the stock rating was initiated by Standpoint Research with “Accumulate”.