Flotek Industries Inc (NYSE:FTK) Short Interest Increased By 14.33%

Flotek Industries, Inc. (NYSE:FTK) Logo

Investors sentiment increased to 0.8 in 2019 Q1. Its up 0.03, from 0.77 in 2018Q4. It increased, as 18 investors sold Flotek Industries, Inc. shares while 22 reduced holdings. 13 funds opened positions while 19 raised stakes. 30.93 million shares or 3.28% less from 31.97 million shares in 2018Q4 were reported.
Tiaa Cref Investment Ltd holds 116,346 shares or 0% of its portfolio. Argent Ltd Limited Liability Company reported 0.02% of its portfolio in Flotek Industries, Inc. (NYSE:FTK). Commercial Bank Of America De invested in 824,733 shares. Ontario – Canada-based Bankshares Of Montreal Can has invested 0% in Flotek Industries, Inc. (NYSE:FTK). Moreover, Manufacturers Life Insur The has 0% invested in Flotek Industries, Inc. (NYSE:FTK). Millennium Mngmt Lc owns 817,188 shares for 0% of their portfolio. Royal National Bank Of Canada has invested 0% of its portfolio in Flotek Industries, Inc. (NYSE:FTK). Peconic Partners Limited Liability Corporation owns 676,881 shares. Charles Schwab Invest Inc has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 127,199 shares. Northern Trust owns 646,189 shares for 0% of their portfolio. Voya Investment Mngmt Llc reported 22,128 shares. Bnp Paribas Arbitrage Sa invested 0% of its portfolio in Flotek Industries, Inc. (NYSE:FTK). Citigroup holds 15,965 shares or 0% of its portfolio. Bridgeway Mgmt has invested 0.01% in Flotek Industries, Inc. (NYSE:FTK). Morgan Stanley holds 0% or 26,791 shares.

Since May 30, 2019, it had 2 insider purchases, and 0 sales for $961,839 activity.

The stock of Flotek Industries Inc (NYSE:FTK) registered an increase of 14.33% in short interest. FTK’s total short interest was 6.68M shares in August as published by FINRA. Its up 14.33% from 5.85 million shares, reported previously. With 432,600 shares average volume, it will take short sellers 15 days to cover their FTK’s short positions. The short interest to Flotek Industries Inc’s float is 12.39%.

It closed at $1.93 lastly. It is down 0.32% since August 15, 2018 and is downtrending. It has underperformed by 0.32% the S&P500.

Flotek Industries, Inc. develops and supplies chemistry and services to the gas and oil industries in the United States and internationally. The company has market cap of $111.36 million. It operates through two divisions, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. It has a 4.94 P/E ratio. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in gas and oil well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets.

More notable recent Flotek Industries, Inc. (NYSE:FTK) news were published by: Benzinga.com which released: “90 Stocks Moving In Thursday’s Mid-Day Session – Benzinga” on August 08, 2019, also Fool.com with their article: “Why Chicago Bridge & Iron, Akorn, and Flotek Industries Slumped Today – The Motley Fool” published on April 23, 2018, Fool.com published: “Near a 7-Year Low, Is This Energy Stock a Buy? – The Motley Fool” on May 21, 2018. More interesting news about Flotek Industries, Inc. (NYSE:FTK) were released by: Prnewswire.com and their article: “Flotek Announces First Quarter 2019 Results – PRNewswire” published on May 08, 2019 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Disney+ And Bank Majors Step Out – Seeking Alpha” with publication date: April 06, 2019.

Flotek Industries, Inc. (NYSE:FTK) Institutional Positions Chart

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