Procera Networks Inc. (PKT) should you worry about its short interest? - Tale of the Tape
28 Octobre 2013 - 3:51PM
Zacks
Many investors appear to be quite
bearish Procera Networks Inc.
(PKT) especially if you
look at the percentage of the float that is sold short for this
stock. Currently, 21.26% of the float is
sold short, suggesting an extreme level of bearishness for
PKT.
However, it is worth noting that earnings estimates have actually
been moving higher for the company, despite the pessimism. Thanks
to these rising estimates, we actually have a Zacks
Rank #2 (Buy) on
PKT, so we clearly don’t believe in the
negativity surrounding this firm, and are instead looking for
shares of PKT to move higher in the weeks
ahead.
PROCERA NETWRKS (PKT): Free Stock Analysis Report
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