IQ Chaikin US Small Cap ETF (CSML) Is At $29.22 Formed Wedge; Olympic Steel (ZEUS) Shorts Down By 16.49%

IQ Chaikin US Small Cap ETF (CSML) formed wedge up with $31.85 target or 9.00% above today’s $29.22 share price. IQ Chaikin US Small Cap ETF (CSML) has $352.91M valuation. The ETF decreased 0.54% or $0.16 during the last trading session, reaching $29.22. About 51,969 shares traded. IQ Chaikin US Small Cap ETF (NASDAQ:CSML) has 0.00% since January 25, 2017 and is . It has underperformed by 16.70% the S&P500.

Olympic Steel Incorporated (NASDAQ:ZEUS) had a decrease of 16.49% in short interest. ZEUS’s SI was 180,300 shares in January as released by FINRA. Its down 16.49% from 215,900 shares previously. With 91,900 avg volume, 2 days are for Olympic Steel Incorporated (NASDAQ:ZEUS)’s short sellers to cover ZEUS’s short positions. The SI to Olympic Steel Incorporated’s float is 1.98%. The stock increased 0.70% or $0.17 during the last trading session, reaching $24.48. About 78,967 shares traded. Olympic Steel, Inc. (NASDAQ:ZEUS) has declined 22.41% since January 25, 2017 and is downtrending. It has underperformed by 39.11% the S&P500.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.07, from 1.02 in 2017Q2. It dropped, as 13 investors sold Olympic Steel, Inc. shares while 30 reduced holdings. 11 funds opened positions while 30 raised stakes. 7.06 million shares or 2.09% less from 7.21 million shares in 2017Q2 were reported. 10,800 were accumulated by State Common Retirement Fund. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Teachers Retirement Systems Of The State Of Kentucky has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Pennsylvania-based Brandywine Glob Investment Mgmt Ltd Limited Liability Company has invested 0.01% in Olympic Steel, Inc. (NASDAQ:ZEUS). Ancora Limited Co holds 39,263 shares. Acadian Asset Mngmt Ltd holds 44 shares or 0% of its portfolio. Hennessy Advsr reported 0.11% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Wells Fargo Mn stated it has 113,982 shares or 0% of all its holdings. Dimensional Fund Limited Partnership has 922,204 shares. 5,754 are held by Barclays Public Ltd Limited Liability Company. Prudential stated it has 103,140 shares. Legal & General Group Pcl reported 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). State Of Alaska Department Of Revenue accumulated 1,786 shares. Van Eck Assoc Corp owns 17,226 shares for 0% of their portfolio. Goldman Sachs, New York-based fund reported 39,268 shares.

Among 3 analysts covering Olympic Steel Inc (NASDAQ:ZEUS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Olympic Steel Inc had 20 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Monday, September 21. KeyBanc Capital Markets maintained the shares of ZEUS in report on Thursday, October 19 with “Hold” rating. The company was upgraded on Monday, August 24 by Jefferies. The rating was maintained by Jefferies on Wednesday, October 4 with “Hold”. KeyBanc Capital Markets upgraded the shares of ZEUS in report on Monday, January 9 to “Overweight” rating. The firm earned “Hold” rating on Thursday, July 6 by Jefferies. On Wednesday, August 30 the stock rating was maintained by Jefferies with “Hold”. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) earned “Hold” rating by Jefferies on Friday, June 2. Macquarie Research upgraded the stock to “Outperform” rating in Tuesday, March 14 report. As per Monday, September 19, the company rating was upgraded by KeyBanc Capital Markets.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. The company has market cap of $268.58 million. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. It has a 21.92 P/E ratio. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.

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