The Gabelli Multimedia Trust Inc. (GGT) Touches $9.46 Formed H&S; Mannatech (MTEX) Sellers Decreased By 19.73% Their Shorts

April 12, 2018 - By Martha Paddon

Mannatech, Incorporated (NASDAQ:MTEX) Logo

Mannatech Incorporated (NASDAQ:MTEX) had a decrease of 19.73% in short interest. MTEX’s SI was 11,800 shares in April as released by FINRA. Its down 19.73% from 14,700 shares previously. With 4,000 avg volume, 3 days are for Mannatech Incorporated (NASDAQ:MTEX)’s short sellers to cover MTEX’s short positions. The SI to Mannatech Incorporated’s float is 0.7%. It closed at $18 lastly. It is down 0.47% since April 12, 2017 and is uptrending. It has underperformed by 11.08% the S&P500.

The Gabelli Multimedia Trust Inc. (GGT) formed inverse H&S with $10.12 target or 7.00% above today’s $9.46 share price. The Gabelli Multimedia Trust Inc. (GGT) has $230.29M valuation. The stock increased 0.75% or $0.07 during the last trading session, reaching $9.46. About 90,971 shares traded or 17.74% up from the average. The Gabelli Multimedia Trust Inc. (NYSE:GGT) has risen 13.09% since April 12, 2017 and is uptrending. It has outperformed by 1.54% the S&P500.

Mannatech, Incorporated operates as a wellness solution provider. The company has market cap of $48.95 million. It develops and sells nutritional supplements, topical, skin care and anti-aging products, and weight-management products. It currently has negative earnings. The firm markets its products through network marketing channel in the Americas, Europe/the Middle East/Africa, and the Asia/Pacific.

Investors sentiment increased to 1.57 in 2017 Q4. Its up 0.90, from 0.67 in 2017Q3. It improved, as 3 investors sold Mannatech, Incorporated shares while 4 reduced holdings. 6 funds opened positions while 5 raised stakes. 539,185 shares or 6.20% more from 507,707 shares in 2017Q3 were reported. Moreover, Dimensional Fund Advsrs L P has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX) for 66,099 shares. Blackrock accumulated 79,362 shares. Tower Cap Llc (Trc) reported 0% in Mannatech, Incorporated (NASDAQ:MTEX). Lsv Asset holds 0% or 15,100 shares in its portfolio. Morgan Stanley reported 0% of its portfolio in Mannatech, Incorporated (NASDAQ:MTEX). Bridgeway Mgmt Inc has invested 0.01% in Mannatech, Incorporated (NASDAQ:MTEX). Northern Tru stated it has 11,913 shares or 0% of all its holdings. Jbf Cap Inc holds 39,618 shares or 0.07% of its portfolio. Toth Financial Advisory invested in 0% or 105 shares. Royal Comml Bank Of Canada holds 0% or 141 shares in its portfolio. Acadian Asset Ltd Company accumulated 0% or 1,690 shares. Vanguard Group Incorporated reported 51,901 shares. Savings Bank Of America Corporation De holds 0% or 50 shares in its portfolio. New York-based Renaissance Techs Ltd Limited Liability Company has invested 0% in Mannatech, Incorporated (NASDAQ:MTEX). Deutsche Bancorporation Ag invested in 2,621 shares.

Investors sentiment increased to 3 in 2017 Q4. Its up 0.71, from 2.29 in 2017Q3. It increased, as 2 investors sold The Gabelli Multimedia Trust Inc. shares while 5 reduced holdings. 10 funds opened positions while 11 raised stakes. 2.67 million shares or 2.58% less from 2.74 million shares in 2017Q3 were reported. First Allied Advisory Svcs has 146,910 shares for 0.05% of their portfolio. Community Bancorporation Na invested 0% in The Gabelli Multimedia Trust Inc. (NYSE:GGT). Moreover, Atlantic Gp Lc has 0% invested in The Gabelli Multimedia Trust Inc. (NYSE:GGT). Wall Street Access Asset Management Ltd Liability Company invested 0.27% in The Gabelli Multimedia Trust Inc. (NYSE:GGT). Ashford Capital Mgmt Incorporated has invested 0.34% in The Gabelli Multimedia Trust Inc. (NYSE:GGT). Gamco Invsts Incorporated Et Al stated it has 695,992 shares or 0.04% of all its holdings. Stratos Wealth Prtn Ltd holds 2,557 shares. 35 are held by Us National Bank De. Blair William Il stated it has 407,101 shares. Invesco Limited has invested 0% in The Gabelli Multimedia Trust Inc. (NYSE:GGT). M&R Cap Mngmt has invested 0% in The Gabelli Multimedia Trust Inc. (NYSE:GGT). Deutsche National Bank Ag holds 0% in The Gabelli Multimedia Trust Inc. (NYSE:GGT) or 898 shares. Lpl Fin Llc holds 0% or 147,446 shares. M Secs holds 0.74% or 44,669 shares in its portfolio. Covington Mngmt accumulated 0% or 266 shares.

Mannatech, Incorporated (NASDAQ:MTEX) Institutional Positions Chart