Cyanotech Corp (NASDAQ:CYAN): Negative stock sentiment

[USA] Cyanotech Corp (NASDAQ:CYAN) institutional sentiment decreased to 0.8 in Q4 2016. Its down -5.20, from 6 in 2016Q3. The ratio dived, as 4 funds opened new and increased holdings, while 5 sold and decreased their stakes in Cyanotech Corp. The funds in our partner’s database now hold: 848,833 shares, down from 2.37 million shares in 2016Q3. Also, the number of funds holding Cyanotech Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 2 Increased: 4 New Position: 0.

Cyanotech Corporation is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company has market cap of $18.82 million. The Company’s products include Hawaiian Spirulina Pacifica and Hawaiian BioAstin. It currently has negative earnings. Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits and as a source of antioxidant carotenoids.

It closed at $3.35 lastly. It is down 33.21% since June 21, 2016 and is downtrending. It has underperformed by 49.91% the S&P500.

Analysts await CYANOTECH CORP (NASDAQ:CYAN) to report earnings on June, 22.

Coastline Trust Co holds 0.07% of its portfolio in CYANOTECH CORP for 82,400 shares. Finemark National Bank & Trust owns 48,694 shares or 0.02% of their US portfolio. Moreover, Blackrock Fund Advisors has 0% invested in the company for 812 shares. The California-based Blackrock Institutional Trust Company N.A. has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 19,300 shares.#img1#

More notable recent CYANOTECH CORP (NASDAQ:CYAN) news were published by: Seekingalpha.com which released: “Should Investors Dive Into Cyanotech?” on May 29, 2015, also Bizjournals.com with their article: “Hawaii nutraceutical company Cyanotech Corp. settles lawsuit with Florida firm …” published on December 19, 2014, Bizjournals.com published: “Hawaii-based Cyanotech Corp. embroiled in legal case involving shareholder” on May 27, 2016. More interesting news about CYANOTECH CORP (NASDAQ:CYAN) were released by: Medgadget.com and their article: “United States Microalgae Market by Key Players – DIC Corporation, Cyanotech …” published on June 19, 2017 as well as Streetinsider.com‘s news article titled: “Meridian OHC Partners Changes Filing Status on Cyanotech Corp (CYAN) from …” with publication date: May 09, 2016.

 

 

View original article at: Sentiment for Cyanotech Corp (NASDAQ:CYAN)

 

 

 

 

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