Flotek Industries (FTK) Reaches $4.61 After 5.00% Down Move; Genius Brands International (GNUS) Shorts Increased By 30.58%

November 14, 2017 - By Henry Gaston

Genius Brands International Incorporated (NASDAQ:GNUS) had an increase of 30.58% in short interest. GNUS’s SI was 172,100 shares in November as released by FINRA. Its up 30.58% from 131,800 shares previously.

With 58,300 avg volume, 3 days are for Genius Brands International Incorporated (NASDAQ:GNUS)’s short sellers to cover GNUS’s short positions. About 14,710 shares traded. Genius Brands International Inc (NASDAQ:GNUS) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock of Flotek Industries Inc (NYSE:FTK) is a huge mover today! About 417,230 shares traded. Flotek Industries Inc (NYSE:FTK) has declined 6.33% since November 14, 2016 and is downtrending. It has underperformed by 23.03% the S&P500.The move comes after 8 months negative chart setup for the $261.97 million company. It was reported on Nov, 14 by Barchart.com. We have $4.38 PT which if reached, will make NYSE:FTK worth $13.10M less.

Genius Brands International, Inc. is a content and brand management company. The company has market cap of $22.91 million. The Firm provides entertaining and enriching content and products with a purpose for toddlers to tweens. It currently has negative earnings. The Firm produces original content and licenses the rights to that content to a range of partners.

Flotek Industries, Inc. is a technology-driven company. The company has market cap of $261.97 million. The Firm develops and supplies chemistry and services to the gas and oil industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. It currently has negative earnings. The Firm operates through two divisions: Energy Chemistry Technologies , and Consumer and Industrial Chemistry Technologies (CICT).

Analysts await Flotek Industries Inc (NYSE:FTK) to report earnings on February, 14. They expect $-0.05 EPS, up 16.67% or $0.01 from last year’s $-0.06 per share. After $-0.03 actual EPS reported by Flotek Industries Inc for the previous quarter, Wall Street now forecasts 66.67% negative EPS growth.

Investors sentiment decreased to 1.25 in 2017 Q2. Its down 0.14, from 1.39 in 2017Q1. It dropped, as 20 investors sold Flotek Industries Inc shares while 35 reduced holdings. 22 funds opened positions while 47 raised stakes. 55.22 million shares or 4.56% less from 57.85 million shares in 2017Q1 were reported. Northern Tru, Illinois-based fund reported 689,090 shares. Pioneer Mngmt reported 386,141 shares. Argent Management Llc, Missouri-based fund reported 175,175 shares. Art Advsr Ltd Company has 63,600 shares. Fred Alger Inc reported 380,392 shares. Price T Rowe Assocs Md holds 345,693 shares or 0% of its portfolio. Swiss Financial Bank owns 88,500 shares. Mason Street Ltd Liability Corp holds 13,413 shares. State Of Tennessee Treasury Department stated it has 0% of its portfolio in Flotek Industries Inc (NYSE:FTK). Moreover, Ameriprise Financial has 0% invested in Flotek Industries Inc (NYSE:FTK). Creative Planning holds 0.01% or 120,778 shares. Invesco stated it has 0.01% in Flotek Industries Inc (NYSE:FTK). Arizona State Retirement owns 28,367 shares. Paloma Prns Management stated it has 0.01% in Flotek Industries Inc (NYSE:FTK). Dimensional Fund Advsr Ltd Partnership holds 0% or 1.12 million shares.

Among 5 analysts covering Flotek Industries (NYSE:FTK), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Flotek Industries had 10 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Strong-Buy” rating given on Friday, August 28 by Vetr. Vetr downgraded Flotek Industries Inc (NYSE:FTK) rating on Thursday, August 6. Vetr has “Buy” rating and $17.89 target. The rating was upgraded by Oppenheimer on Monday, July 27 to “Perform”. The firm has “Perform” rating by Oppenheimer given on Wednesday, October 7. Vetr upgraded it to “Buy” rating and $20.11 target in Tuesday, September 22 report. On Wednesday, January 20 the stock rating was upgraded by Seaport Global Securities to “Speculative Buy”. The company was initiated on Monday, December 14 by KLR Group.


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