1st Constitution Bancorp (FCCY) Forms $19.60 Double Top; Nuvectra (NVTR) Shorts Increased By 44.57%

Nuvectra Corporation (NASDAQ:NVTR) had an increase of 44.57% in short interest. NVTR’s SI was 319,200 shares in March as released by FINRA. Its up 44.57% from 220,800 shares previously. With 70,700 avg volume, 5 days are for Nuvectra Corporation (NASDAQ:NVTR)’s short sellers to cover NVTR’s short positions. The SI to Nuvectra Corporation’s float is 3.78%. The stock increased 2.13% or $0.25 during the last trading session, reaching $11.99. About 28,832 shares traded. Nuvectra Corporation (NASDAQ:NVTR) has 0.00% since March 13, 2017 and is . It has underperformed by 16.70% the S&P500.

1st Constitution Bancorp (FCCY) formed double top with $20.58 target or 5.00% above today’s $19.60 share price. 1st Constitution Bancorp (FCCY) has $158.48M valuation. It closed at $19.6 lastly. It is down 36.29% since March 13, 2017 and is uptrending. It has outperformed by 19.59% the S&P500.

Nuvectra Corporation, a neuromodulation medical device company, develops and commercializes its neurostimulation technology platform for the treatment of various disorders in neuroscience and clinical markets in Europe. The company has market cap of $169.18 million. The firm offers Algovita spinal cord stimulation system that is used for the treatment of chronic pain of the trunk and limbs. It currently has negative earnings. It also provides neural interface systems, including microelectrode arrays, probes, and electrode instrumentation and accessories; and develops Virtis, a sacral nerve stimulation system for the treatment of chronic urinary retention and the symptoms of overactive bladder.

Analysts await 1st Constitution Bancorp (NASDAQ:FCCY) to report earnings on April, 23. They expect $0.34 EPS, up 47.83% or $0.11 from last year’s $0.23 per share. FCCY’s profit will be $2.75 million for 14.41 P/E if the $0.34 EPS becomes a reality. After $0.30 actual EPS reported by 1st Constitution Bancorp for the previous quarter, Wall Street now forecasts 13.33% EPS growth.