Wells Fargo Advantage Funds – Wells Fargo Global Dividend Opportunity Fund (EOD) Forms $5.81 Double Bottom; Ikonics (IKNX) Shorts Decreased By 30%

IKONICS Corporation (NASDAQ:IKNX) Logo

Wells Fargo Advantage Funds – Wells Fargo Global Dividend Opportunity Fund (EOD) formed double bottom with $5.40 target or 7.00% below today’s $5.81 share price. Wells Fargo Advantage Funds – Wells Fargo Global Dividend Opportunity Fund (EOD) has $ valuation. It closed at $5.81 lastly. It is down 1.23% since May 8, 2017 and is downtrending. It has underperformed by 12.78% the S&P500.

Ikonics Corporation (NASDAQ:IKNX) had a decrease of 30% in short interest. IKNX’s SI was 700 shares in May as released by FINRA. Its down 30% from 1,000 shares previously. With 2,100 avg volume, 0 days are for Ikonics Corporation (NASDAQ:IKNX)’s short sellers to cover IKNX’s short positions. The SI to Ikonics Corporation’s float is 0.06%. The stock decreased 1.57% or $0.13 during the last trading session, reaching $8.13. About 4,808 shares traded or 13.96% up from the average. IKONICS Corporation (NASDAQ:IKNX) has declined 21.64% since May 8, 2017 and is downtrending. It has underperformed by 33.19% the S&P500.

Since February 26, 2018, it had 1 buy, and 1 insider sale for $19,337 activity. NERGES JOSEPH R bought $20,624 worth of stock or 2,500 shares.

IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for the screen printing, and awards and recognition industries primarily in the United States. The company has market cap of $16.13 million. It operates through five divisions: Domestic, Export, IKONICS Imaging, Digital Texturing Technology, and Advanced Material Solutions. It currently has negative earnings. The firm sells screen printing films, emulsions, and inkjet receptive films to distributors; and photo resistant films, art supplies, glass, metal medium, and related abrasive etching equipment to end user customers.

Another recent and important IKONICS Corporation (NASDAQ:IKNX) news was published by Nasdaq.com which published an article titled: “IKONICS Reports 12% Revenue Increase for First Quarter of 2018” on April 26, 2018.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.50, from 1 in 2017Q3. It is negative, as 0 investors sold IKONICS Corporation shares while 2 reduced holdings. 0 funds opened positions while 1 raised stakes. 20,157 shares or 30.13% less from 28,848 shares in 2017Q3 were reported. 6,000 are owned by Us Bancshares De. 10,624 are held by Jnba. Morgan Stanley owns 1,996 shares or 0% of their US portfolio. Royal Retail Bank Of Canada, Ontario – Canada-based fund reported 1,300 shares. 237 are owned by Blackrock Inc.