Salem Capital Management Has Lowered General Electric (GE) Position By $4.99 Million; Shorts at Supportcom (SPRT) Lowered By 19.45%

Supportcom Incorporated (NASDAQ:SPRT) had a decrease of 19.45% in short interest. SPRT’s SI was 29,400 shares in January as released by FINRA. Its down 19.45% from 36,500 shares previously. With 24,400 avg volume, 1 days are for Supportcom Incorporated (NASDAQ:SPRT)’s short sellers to cover SPRT’s short positions. The SI to Supportcom Incorporated’s float is 0.21%. The stock increased 1.36% or $0.04 during the last trading session, reaching $2.61. About 31,321 shares traded., Inc. (NASDAQ:SPRT) has risen 2.28% since January 10, 2017 and is uptrending. It has underperformed by 14.42% the S&P500.

Salem Capital Management Inc decreased General Electric (GE) stake by 92.57% reported in 2017Q3 SEC filing. Salem Capital Management Inc sold 207,765 shares as General Electric (GE)’s stock declined 7.64%. The Salem Capital Management Inc holds 16,678 shares with $403,000 value, down from 224,443 last quarter. General Electric now has $160.95 billion valuation. The stock increased 1.53% or $0.28 during the last trading session, reaching $18.56. About 66.40 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since January 10, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Since August 8, 2017, it had 2 insider purchases, and 1 sale for $4.48 million activity. The insider Comstock Elizabeth J sold $633,375. Another trade for 100,000 shares valued at $2.46M was made by TISCH JAMES S on Tuesday, August 22. Shares for $2.66 million were bought by Flannery John Leonard.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It dived, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Franklin Resources accumulated 112.19 million shares. Horan Mngmt owns 511,500 shares. California-based Perigon Wealth Management Llc has invested 0.26% in General Electric Company (NYSE:GE). Cohen Capital Mngmt reported 316,765 shares stake. Stifel Fincl Corp has 0.65% invested in General Electric Company (NYSE:GE) for 7.79 million shares. Moreover, Amer Economic Planning Gp Adv has 0.12% invested in General Electric Company (NYSE:GE). Loring Wolcott And Coolidge Fiduciary Advsrs Llp Ma accumulated 1.11 million shares. Stillwater Cap Advsr Limited Com reported 2.66% stake. Budros Ruhlin And Roe, Ohio-based fund reported 79,713 shares. Marble Harbor Investment Counsel Ltd Liability has invested 2.24% in General Electric Company (NYSE:GE). Moreover, Adage Capital Gp Ltd Com has 0.47% invested in General Electric Company (NYSE:GE). Washington Trust Bank stated it has 0.95% of its portfolio in General Electric Company (NYSE:GE). Ronna Sue Cohen reported 146,192 shares. Front Barnett Associate Ltd has invested 0.33% of its portfolio in General Electric Company (NYSE:GE). Gp One Trading LP holds 0.05% or 232,513 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.29 EPS, down 36.96% or $0.17 from last year’s $0.46 per share. GE’s profit will be $2.51 billion for 16.00 P/E if the $0.29 EPS becomes a reality. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.