Ocean Power Technologies, Inc. (OPTT) At $1.12 Forms Bottom; Bravo Brio Restaurant Group (BBRG) Sellers Decreased By 77.87% Their Shorts

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Ocean Power Technologies, Inc. (OPTT) formed multiple bottom with $1.05 target or 6.00% below today’s $1.12 share price. Ocean Power Technologies, Inc. (OPTT) has $20.33M valuation. The stock 0.45% or $0 during the last trading session, reaching $1.12. It is down 51.15% since May 12, 2017 and is downtrending. It has underperformed by 62.70% the S&P500.

Bravo Brio Restaurant Group Inc (NASDAQ:BBRG) had a decrease of 77.87% in short interest. BBRG’s SI was 104,600 shares in May as released by FINRA. Its down 77.87% from 472,600 shares previously. With 124,900 avg volume, 1 days are for Bravo Brio Restaurant Group Inc (NASDAQ:BBRG)’s short sellers to cover BBRG’s short positions. The SI to Bravo Brio Restaurant Group Inc’s float is 0.89%. It closed at $4.025 lastly. It is down 20.00% since May 12, 2017 and is downtrending. It has underperformed by 31.55% the S&P500.

Bravo Brio Restaurant Group, Inc. owns and operates Italian restaurants in the United States. The company has market cap of $61.56 million. The firm operates full-service Italian restaurants under the BRAVO! Cucina Italiana brand name; Italian chophouse restaurants under the BRIO Tuscan Grille brand name; and full-service American-French bistro restaurant under the Bon Vie brand name. It currently has negative earnings. The Company’s restaurants primarily offer Italian food and wine.

Investors sentiment increased to 1 in Q4 2017. Its up 0.46, from 0.54 in 2017Q3. It increased, as 6 investors sold Bravo Brio Restaurant Group, Inc. shares while 10 reduced holdings. 7 funds opened positions while 9 raised stakes. 4.96 million shares or 7.80% less from 5.38 million shares in 2017Q3 were reported. Aristotle Cap Boston Limited Liability Co holds 0.09% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) or 478,746 shares. Weber Alan W reported 25,000 shares or 0.03% of all its holdings. Winslow Asset Mngmt Inc reported 52,979 shares or 0.02% of all its holdings. Cove Street Lc stated it has 195,200 shares or 0.05% of all its holdings. 919 are owned by Tower Rech Capital Ltd Liability Com (Trc). Cornerstone Cap Hldgs holds 0% or 14,000 shares in its portfolio. 81,502 are owned by Invesco. First Natl Bank stated it has 0.02% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Northern Trust Corporation has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Synovus Finance reported 0.01% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Virtu Fincl Ltd Liability Corporation holds 14,937 shares. Royal Bancorp Of Canada holds 0% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 1,509 shares. Spark Inv Mngmt Lc has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Acadian Asset Mngmt Lc owns 199,388 shares. Susquehanna Interest Gp Llp stated it has 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG).

Among 4 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Bravo Brio Restaurant Group Inc. had 9 analyst reports since November 6, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Monday, September 11 report. Jefferies maintained it with “Hold” rating and $9 target in Wednesday, February 24 report. The firm has “Hold” rating given on Thursday, August 4 by Jefferies. The rating was downgraded by PiperJaffray to “Underweight” on Thursday, September 7. The firm has “Neutral” rating by Sidoti given on Thursday, December 10. The stock has “Hold” rating by Jefferies on Thursday, November 2. As per Thursday, September 7, the company rating was downgraded by Piper Jaffray. The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has “Hold” rating given on Tuesday, June 13 by Jefferies.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Institutional Positions Chart