Will Juniper Networks Inc (NYSE:JNPR) Run Out of Steam Soon? Short Interest Is Down

Juniper Networks, Inc. (NYSE:JNPR) Logo

Investors sentiment decreased to 0.87 in 2019 Q2. Its down 0.32, from 1.19 in 2019Q1. It worsened, as 38 investors sold Juniper Networks, Inc. shares while 133 reduced holdings. 43 funds opened positions while 106 raised stakes. 307.04 million shares or 0.99% less from 310.11 million shares in 2019Q1 were reported.
Whittier Trust Company accumulated 1,009 shares or 0% of the stock. Millennium Limited Com stated it has 38,522 shares or 0% of all its holdings. Gideon Cap Advsrs Inc holds 0.62% or 67,327 shares. Blackrock holds 25.98M shares. Hudson Bay Cap Limited Partnership, a New York-based fund reported 201,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 74,261 shares. Horizon Investments Limited Liability owns 19,663 shares for 0.01% of their portfolio. Gam Holdings Ag, Switzerland-based fund reported 59,046 shares. Adage Prtn Grp Ltd Liability Co reported 418,900 shares. Pzena Investment Mngmt Limited holds 0.37% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 2.61 million shares. Moreover, First Manhattan Com has 0% invested in Juniper Networks, Inc. (NYSE:JNPR) for 97 shares. New York-based Gotham Asset Mgmt Limited Co has invested 0.15% in Juniper Networks, Inc. (NYSE:JNPR). Shelton Cap Mgmt has invested 0.15% in Juniper Networks, Inc. (NYSE:JNPR). Bessemer Group accumulated 0.06% or 661,861 shares. Panagora Asset Inc has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR).

The stock of Juniper Networks Inc (NYSE:JNPR) registered a decrease of 7.38% in short interest. JNPR’s total short interest was 17.65M shares in September as published by FINRA. Its down 7.38% from 19.05 million shares, reported previously. With 3.39M shares average volume, it will take short sellers 5 days to cover their JNPR’s short positions. The short interest to Juniper Networks Inc’s float is 5.13%.

The stock decreased 0.70% or $0.17 during the last trading session, reaching $24.27. About 2.54M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 2.74% since September 13, 2018 and is uptrending. It has outperformed by 2.74% the S&P500.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $8.39 billion. The firm offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It has a 17.26 P/E ratio. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Among 2 analysts covering Juniper Networks (NYSE:JNPR), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Juniper Networks has $2800 highest and $2400 lowest target. $27’s average target is 11.25% above currents $24.27 stock price. Juniper Networks had 7 analyst reports since March 21, 2019 according to SRatingsIntel.

More notable recent Juniper Networks, Inc. (NYSE:JNPR) news were published by: Nasdaq.com which released: “Buy Cisco Stock for the Bargain, Stick With it for the Stability – Nasdaq” on September 09, 2019, also Seekingalpha.com with their article: “Evercore starts networking coverage; CSCO, CIEN praised – Seeking Alpha” published on September 10, 2019, Seekingalpha.com published: “Juniper paying $11.7M SEC settlement – Seeking Alpha” on August 30, 2019. More interesting news about Juniper Networks, Inc. (NYSE:JNPR) were released by: Finance.Yahoo.com and their article: “Should Juniper Networks (NYSE:JNPR) Be Disappointed With Their 25% Profit? – Yahoo Finance” published on June 25, 2019 as well as Globenewswire.com‘s news article titled: “Juniper Networks Becomes Official Networking Partner of Aston Martin – GlobeNewswire” with publication date: August 28, 2019.

Juniper Networks, Inc. (NYSE:JNPR) Institutional Positions Chart

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