Plug Power Inc (NASDAQ:PLUG) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 36,113,846 shares, a growth of 38.6% from the April 30th total of 26,059,731 shares, AmericanBankingNews.comreports. Approximately 22.5% of the shares of the stock are short sold. Based on an average trading volume of 26,491,886 shares, the days-to-cover ratio is presently 1.4 days. Plug Power Inc (NASDAQ:PLUG) weekly performance is -1.58%. On last trading day company shares ended up $4.36. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -23.15%.
In its constant search for innovative products Corning Incorporated (NYSE:GLX) has introduced a new fibre technology that will permit advanced lighting arrangements. These would be much more colourful and beautiful, apart from being very thin in appearance. Incorporated (NYSE:GLW) shares advanced 0.66% in last trading session and ended the day on $21.40. Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW) quarterly performance is 6.10%.
On May 27, TE Connectivity Ltd (NYSE:TEL) has received a consensus rating of “Buy” from the eight analysts that are currently covering the stock, American Banking & Market News reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $68.40. TE Connectivity Ltd (NYSE:TEL) shares moved up 1.51% in last trading session and was closed at $59.33, while trading in range of $58.46 – $59.38. TE Connectivity Ltd (NYSE:TEL) year to date (YTD) performance is 8.66%.
On May 28, Neonode Inc (NASDAQ:NEON) shares jumped 5.35 percent following Tuesday’s close, after losing nearly half its value since March. “Maybe the shorts are taking a break,” said Vice President of Finance Daniel Gelbtuch. Neonode, which develops and licenses optical sensing technology for printers and other devices, has 11.66 million of its nearly 38 million shares held as short interest. Shares hit a one-year low of $3.91 on May 12, after posting a first-quarter net loss of $0.11 per share; Wall Street expected a loss of $0.08 per share. Revenue of $1 million was short of the consensus by about $200,000. Neonode, Inc (NASDAQ:NEON) ended the last trading day at $3.61. Company weekly volatility is calculated as 7.20% and price to cash ratio as 15.58. Neonode, Inc (NASDAQ:NEON) showed a positive weekly performance of 1.98%.
Maxwell Technologies Inc (NASDAQ:MXWL) was down 1.3% on Thursday after an insider sold shares in the company, American Banking News reports. The stock traded as low as $17.73 and last traded at $17.96, with a volume of 254,523 shares changing hands. Maxwell Technologies Inc. (NASDAQ:MXWL) net profit margin is 3.60% and weekly performance is 7.15%. On last trading day company shares ended up $17.83. Analysts mean target price for the company is $20.75. Maxwell Technologies Inc. (NASDAQ:MXWL) distance from 50-day simple moving average (SMA50) is 20.17%.