Medidata Solutions Incorporated (NASDAQ:MDSO) Stock Is Shorted More

February 15, 2018 - By Winifred Garcia

 Medidata Solutions Incorporated (NASDAQ:MDSO) Stock Is Shorted More

Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.06, from 1.17 in 2017Q2. It improved, as 38 investors sold Medidata Solutions, Inc. shares while 60 reduced holdings. 33 funds opened positions while 88 raised stakes. 59.30 million shares or 4.96% more from 56.50 million shares in 2017Q2 were reported.
The Tennessee-based Weaver C Barksdale & Associates has invested 0% in Medidata Solutions, Inc. (NASDAQ:MDSO). Bb&T Corporation owns 5,588 shares. Next Fin Grp Inc Inc stated it has 200 shares. State Bank Of Nova Scotia owns 8,365 shares or 0% of their US portfolio. Nj State Employees Deferred Compensation Plan invested in 0.07% or 5,000 shares. Columbia Wanger Asset Mngmt Ltd Liability stated it has 455,446 shares or 0.53% of all its holdings. Jaffetilchin Inv Prtnrs Ltd Liability stated it has 0.08% in Medidata Solutions, Inc. (NASDAQ:MDSO). Arcadia Invest Mgmt Mi invested in 1.12% or 47,005 shares. Marshall Wace Llp, a United Kingdom-based fund reported 16,271 shares. Vanguard Grp Inc Inc reported 4.69 million shares. Yorktown Management Research holds 0.09% or 4,600 shares. Retirement Sys Of Alabama stated it has 107,786 shares or 0.04% of all its holdings. California-based Wells Fargo Com Mn has invested 0.01% in Medidata Solutions, Inc. (NASDAQ:MDSO). Ww Asset Mgmt Incorporated reported 3,739 shares. Brown Advisory reported 448,369 shares stake.

Since August 15, 2017, it had 0 insider purchases, and 3 selling transactions for $474,820 activity. $372,650 worth of stock was sold by Capone Michael L on Tuesday, August 15.

The stock of Medidata Solutions Incorporated (NASDAQ:MDSO) registered an increase of 11.09% in short interest. MDSO’s total short interest was 6.11 million shares in February as published by FINRA. Its up 11.09% from 5.50M shares, reported previously. With 555,500 shares average volume, it will take short sellers 11 days to cover their MDSO’s short positions. The short interest to Medidata Solutions Incorporated’s float is 11.44%.

The stock increased 4.75% or $3.02 during the last trading session, reaching $66.59. About 625,472 shares traded or 12.04% up from the average. Medidata Solutions, Inc. (NASDAQ:MDSO) has risen 68.37% since February 15, 2017 and is uptrending. It has outperformed by 51.67% the S&P500.

Medidata Solutions, Inc. provides cloud solutions for life sciences worldwide. The company has market cap of $3.90 billion. It offers Medidata Clinical Cloud that provides a software-as-a-service platform of technology and data analytics solutions to optimize activities across clinical development. It has a 89.99 P/E ratio. The companyÂ’s platform solutions includes Plan Study that addresses the areas to ensure optimal study design, grant development and negotiation, and investigator payments; and Support Sites, which provides robust risk management, reduced source document verification, real-time monitoring, on-time, accurate payments.

Medidata Solutions, Inc. (NASDAQ:MDSO) Ratings Coverage

Among 17 analysts covering Medidata Solutions Inc. (NASDAQ:MDSO), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Medidata Solutions Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Sunday, September 17 by KeyBanc Capital Markets. The firm has “Hold” rating by Topeka Capital Markets given on Friday, September 25. On Thursday, February 8 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock has “Buy” rating by Topeka Capital Markets on Wednesday, October 28. The company was maintained on Thursday, September 28 by Jefferies. The firm has “Overweight” rating given on Wednesday, September 9 by KeyBanc Capital Markets. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) has “Buy” rating given on Wednesday, January 3 by KeyBanc Capital Markets. The company was maintained on Sunday, October 22 by KeyBanc Capital Markets. Suntrust Robinson upgraded Medidata Solutions, Inc. (NASDAQ:MDSO) on Friday, February 10 to “Buy” rating. On Monday, January 22 the stock rating was maintained by SunTrust with “Buy”.

Another recent and important Medidata Solutions, Inc. (NASDAQ:MDSO) news was published by Seekingalpha.com which published an article titled: “Medidata Solutions’ (MDSO) CEO Tarek Sherif on Q3 2017 Results – Earnings Call …” on October 26, 2017.

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