Flexshopper, Inc. (FPAY) Forms $4.52 Double Bottom; Tanger Factory Outlet Centers (SKT) Shorts Up By 3.53%

Flexshopper, Inc. (FPAY) formed double bottom with $4.25 target or 6.00% below today’s $4.52 share price. Flexshopper, Inc. (FPAY) has $23.92 million valuation. The stock increased 1.08% or $0.05 during the last trading session, reaching $4.52. About 1,213 shares traded. Flexshopper, Inc. (NASDAQ:FPAY) has declined 39.23% since January 13, 2017 and is downtrending. It has underperformed by 55.93% the S&P500.

Tanger Factory Outlet Centers (NYSE:SKT) had an increase of 3.53% in short interest. SKT’s SI was 23.35M shares in January as released by FINRA. Its up 3.53% from 22.56M shares previously. With 1.26M avg volume, 19 days are for Tanger Factory Outlet Centers (NYSE:SKT)’s short sellers to cover SKT’s short positions. The SI to Tanger Factory Outlet Centers’s float is 25.4%. The stock increased 1.05% or $0.26 during the last trading session, reaching $25.13. About 1.14M shares traded. Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declined 24.30% since January 13, 2017 and is downtrending. It has underperformed by 41.00% the S&P500.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.38, from 1.39 in 2017Q2. It turned negative, as 27 investors sold Tanger Factory Outlet Centers, Inc. shares while 92 reduced holdings. 38 funds opened positions while 82 raised stakes. 93.14 million shares or 3.90% more from 89.64 million shares in 2017Q2 were reported. Ig Investment Mgmt Limited holds 0.06% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 482,700 shares. Raymond James Financial Advsr Inc holds 0.01% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 76,144 shares. Boyd Watterson Asset Mgmt Ltd Llc Oh holds 23,530 shares. Winfield Associates owns 0% invested in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 70 shares. Sei Investments accumulated 190,896 shares or 0.02% of the stock. Texas Permanent School Fund accumulated 69,324 shares or 0.02% of the stock. Chicago Equity Limited Liability holds 0.03% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 37,670 shares. State Street accumulated 18.62 million shares or 0.04% of the stock. Kempen Capital Nv invested 0.1% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). Comml Bank Of Ny Mellon Corp reported 0.02% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). France-based Bnp Paribas Asset Management Holding has invested 0.23% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT). D E Shaw And Co holds 0% or 10,648 shares. Midas Management holds 0.58% of its portfolio in Tanger Factory Outlet Centers, Inc. (NYSE:SKT) for 45,000 shares. Lpl Financial holds 28,805 shares. The Maine-based Schroder Inv Management has invested 0% in Tanger Factory Outlet Centers, Inc. (NYSE:SKT).

Since August 1, 2017, it had 0 insider buys, and 2 sales for $330,551 activity. $287,027 worth of stock was sold by McDonough Thomas E. on Tuesday, August 1. GELDNER CARRIE A had sold 1,800 shares worth $43,524.

Among 10 analysts covering Tanger Factory Outlet Centers (NYSE:SKT), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Tanger Factory Outlet Centers had 37 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Hilliard Lyons on Wednesday, July 6 to “Neutral”. On Friday, December 22 the stock rating was maintained by Jefferies with “Hold”. Zacks downgraded the shares of SKT in report on Thursday, August 6 to “Hold” rating. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. On Thursday, October 29 the stock rating was downgraded by Hilliard Lyons to “Neutral”. The firm earned “Outperform” rating on Wednesday, October 7 by RBC Capital Markets. Zacks downgraded the shares of SKT in report on Tuesday, August 18 to “Buy” rating. On Monday, June 12 the stock rating was upgraded by Citigroup to “Hold”. Bank of America upgraded Tanger Factory Outlet Centers, Inc. (NYSE:SKT) on Thursday, November 9 to “Neutral” rating. On Tuesday, October 6 the stock rating was upgraded by Bank of America to “Neutral”.

Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The company has market cap of $2.48 billion. The firm invests in the real estate markets in United States. It has a 40.14 P/E ratio. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers.