Metropolitan Bank Holding Corp. (MCB) Reaches $43.60 After 8.00% Up Move; Diodes (DIOD) Shorts Raised By 53.96%

January 2, 2018 - By Linda Rogers

Diodes Incorporated (NASDAQ:DIOD) had an increase of 53.96% in short interest. DIOD’s SI was 1.73 million shares in January as released by FINRA. Its up 53.96% from 1.13M shares previously. With 312,700 avg volume, 6 days are for Diodes Incorporated (NASDAQ:DIOD)’s short sellers to cover DIOD’s short positions. The SI to Diodes Incorporated’s float is 4.53%. The stock increased 1.08% or $0.31 during the last trading session, reaching $28.98. About 179,629 shares traded. Diodes Incorporated (NASDAQ:DIOD) has risen 52.30% since January 2, 2017 and is uptrending. It has outperformed by 35.60% the S&P500.

The stock of Metropolitan Bank Holding Corp. (NYSE:MCB) is a huge mover today! The stock increased 3.56% or $1.5 during the last trading session, reaching $43.6. About 76,931 shares traded. Metropolitan Bank Holding Corp. (NYSE:MCB) has 0.00% since January 2, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 5 months positive chart setup for the $357.51M company. It was reported on Jan, 2 by Barchart.com. We have $47.09 PT which if reached, will make NYSE:MCB worth $28.60M more.

Metropolitan Bank Holding Corp. operates as the bank holding firm for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking services and products to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company has market cap of $357.51 million. It offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It has a 36.21 P/E ratio. The firm also provides lending products, including commercial real estate, multifamily, construction, and one- to four-family residential loans; commercial and industrial loans; commercial and industrial loans, such as term loans and revolving lines of credit; commercial mortgages; and consumer loans.

Analysts await Metropolitan Bank Holding Corp. (NYSE:MCB) to report earnings on February, 12. MCB’s profit will be $3.69M for 24.22 P/E if the $0.45 EPS becomes a reality. After $0.82 actual EPS reported by Metropolitan Bank Holding Corp. for the previous quarter, Wall Street now forecasts -45.12% negative EPS growth.

Diodes Incorporated, together with its subsidiaries, designs, makes, and supplies application-specific standard products in the discrete, logic, and analog and mixed semiconductor markets primarily in Asia, North America, and Europe. The company has market cap of $1.43 billion. It primarily focusses on low pin count semiconductor devices with one or more active or passive components. It has a 48.3 P/E ratio. The firm offers discrete semiconductor products, such as performance Schottky rectifiers and diodes; Zener diodes, including tight tolerance and low operating current type performance Zener diodes; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and pre-biased transistors; MOSFETs; thyristor surge protection devices; and transient voltage suppressors.

Among 5 analysts covering Diodes (NASDAQ:DIOD), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Diodes had 10 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Cleveland on Thursday, July 20 to “Hold”. The company was maintained on Monday, October 16 by Robert W. Baird. As per Thursday, June 8, the company rating was maintained by Robert W. Baird. The stock has “Buy” rating by Sidoti on Thursday, December 14. Topeka Capital Markets maintained the shares of DIOD in report on Friday, November 6 with “Buy” rating. Zacks downgraded the shares of DIOD in report on Wednesday, August 12 to “Hold” rating. The rating was downgraded by Benchmark to “Hold” on Monday, October 30. The firm has “Buy” rating by Topeka Capital Markets given on Friday, August 7. The company was upgraded on Friday, September 4 by Robert W. Baird.

Investors sentiment decreased to 1.36 in 2017 Q3. Its down 0.21, from 1.57 in 2017Q2. It turned negative, as 12 investors sold Diodes Incorporated shares while 46 reduced holdings. 28 funds opened positions while 51 raised stakes. 36.29 million shares or 1.59% more from 35.72 million shares in 2017Q2 were reported. Vanguard Inc holds 3.45M shares. Sensato Ltd Liability Corp stated it has 0.07% of its portfolio in Diodes Incorporated (NASDAQ:DIOD). The Connecticut-based Northcoast Asset Mgmt Limited Liability has invested 0.1% in Diodes Incorporated (NASDAQ:DIOD). Axa reported 17,100 shares stake. Alpha Windward Lc accumulated 0.32% or 17,460 shares. Aqr Management Limited Liability owns 0% invested in Diodes Incorporated (NASDAQ:DIOD) for 116,481 shares. Victory Cap Mngmt Incorporated has 3.27M shares. James Inv Research reported 62,400 shares. 54 were reported by Point72 Asia (Hong Kong) Limited. Gsa Prtn Llp owns 0.13% invested in Diodes Incorporated (NASDAQ:DIOD) for 64,162 shares. 28,331 were accumulated by Citigroup Inc. Pinebridge Investments L P reported 54,655 shares. State Street stated it has 0% of its portfolio in Diodes Incorporated (NASDAQ:DIOD). Martingale Asset Mngmt Limited Partnership has 0.08% invested in Diodes Incorporated (NASDAQ:DIOD). First Tru Lp reported 0% in Diodes Incorporated (NASDAQ:DIOD).

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