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Quentec Asset Management Trimmed Its Stmicroelectronics N V (STM) Holding; ASETEK A S (ASKTF) Shorts Up By 28.88%

ASETEK A S (OTCMKTS:ASKTF) had an increase of 28.88% in short interest. ASKTF’s SI was 177,600 shares in February as released by FINRA. Its up 28.88% from 137,800 shares previously. It closed at $11.17 lastly. It is down 0.00% since February 19, 2017 and is . It has underperformed by 16.70% the S&P500.

Quentec Asset Management Llc decreased Stmicroelectronics N V (STM) stake by 69.79% reported in 2017Q3 SEC filing. Quentec Asset Management Llc sold 1.28M shares as Stmicroelectronics N V (STM)’s stock rose 14.80%. The Quentec Asset Management Llc holds 554,488 shares with $10.77 million value, down from 1.84M last quarter. Stmicroelectronics N V now has $18.26B valuation. The stock decreased 1.63% or $0.37 during the last trading session, reaching $22.33. About 2.63 million shares traded. STMicroelectronics N.V. (NYSE:STM) has risen 191.28% since February 19, 2017 and is uptrending. It has outperformed by 174.58% the S&P500.

Asetek A/S, together with its subsidiaries, designs, develops, and markets liquid cooling products in Asia, Europe, and the Americas. The company has market cap of $281.75 million. It operates in two divisions, Desktop and Data Center. It has a 34.69 P/E ratio. The company??s products are used in personal computers, servers, and data centers to provide enhanced performance, acoustics, and energy efficiency.

Quentec Asset Management Llc increased Viavi Solutions Inc stake by 2.80M shares to 3.17M valued at $29.97 million in 2017Q3. It also upped Lumentum Hldgs Inc (Call) stake by 1.27M shares and now owns 2.86 million shares. Canadian Solar Inc (NASDAQ:CSIQ) was raised too.

Among 12 analysts covering STMicroelectronics (NYSE:STM), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. STMicroelectronics had 24 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Craig Hallum given on Friday, October 30. HSBC upgraded the shares of STM in report on Friday, July 24 to “Hold” rating. The firm earned “Neutral” rating on Wednesday, July 22 by Citigroup. The firm earned “Hold” rating on Wednesday, August 5 by Zacks. The company was downgraded on Friday, September 2 by Bank of America. The company was upgraded on Friday, January 26 by Kepler Cheuvreux. The stock has “Overweight” rating by JP Morgan on Tuesday, July 11. The rating was upgraded by Kepler Cheuvreux on Wednesday, January 27 to “Hold”. The stock has “Buy” rating by Craig Hallum on Wednesday, September 13. The company was maintained on Thursday, October 26 by Craig Hallum.

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