Putnam High Income Securities Fund (PCF) Is At $9.10 Formed Wedge; Shorts at Daqo New Energy (DQ) Raised By 46.22%

Daqo New Energy Corporation (NYSE:DQ) had an increase of 46.22% in short interest. DQ’s SI was 131,600 shares in January as released by FINRA. Its up 46.22% from 90,000 shares previously. With 445,600 avg volume, 0 days are for Daqo New Energy Corporation (NYSE:DQ)’s short sellers to cover DQ’s short positions. The SI to Daqo New Energy Corporation’s float is 2.27%. The stock increased 1.90% or $1.15 during the last trading session, reaching $61.68. About 23,762 shares traded. Daqo New Energy Corp. (NYSE:DQ) has declined 5.57% since January 11, 2017 and is downtrending. It has underperformed by 22.27% the S&P500.

Putnam High Income Securities Fund (PCF) formed wedge up with $9.74 target or 7.00% above today’s $9.10 share price. Putnam High Income Securities Fund (PCF) has $118.13M valuation. The stock decreased 0.19% or $0.02 during the last trading session, reaching $9.1. About 3,637 shares traded. Putnam High Income Securities Fund (NYSE:PCF) has risen 15.98% since January 11, 2017 and is uptrending. It has underperformed by 0.72% the S&P500.

Since January 3, 2018, it had 1 buy, and 0 sales for $1,812 activity. $1,812 worth of Putnam High Income Securities Fund (NYSE:PCF) was bought by Bulldog Investors – LLC.

Investors sentiment increased to 2.43 in Q3 2017. Its up 1.90, from 0.53 in 2017Q2. It improved, as 0 investors sold Putnam High Income Securities Fund shares while 7 reduced holdings. 5 funds opened positions while 12 raised stakes. 4.21 million shares or 7.31% more from 3.93 million shares in 2017Q2 were reported. Guggenheim Capital Ltd owns 298,720 shares. Private Advisor Group Incorporated Ltd Llc owns 11,000 shares for 0% of their portfolio. Ameriprise has invested 0% in Putnam High Income Securities Fund (NYSE:PCF). Natl Planning has 11,777 shares. Blue Bell Private Wealth Ltd Limited Liability Company holds 0.01% or 1,670 shares in its portfolio. Meridian Investment Counsel reported 14,050 shares stake. Invesco Ltd holds 0% or 52,422 shares. Moreover, Thomas J Herzfeld Advsr Inc has 0.01% invested in Putnam High Income Securities Fund (NYSE:PCF) for 2,356 shares. 30,173 were reported by Saba Mngmt L P. Tower Research Capital Ltd Liability Corp (Trc) holds 193 shares or 0% of its portfolio. The Virginia-based Shaker Financial Ltd Liability Corp has invested 0.19% in Putnam High Income Securities Fund (NYSE:PCF). Morgan Stanley has invested 0% in Putnam High Income Securities Fund (NYSE:PCF). Fifth Third Bank & Trust invested in 0% or 1,006 shares. Asset Management Incorporated reported 0.09% of its portfolio in Putnam High Income Securities Fund (NYSE:PCF). Sit Invest Associates has invested 0.15% of its portfolio in Putnam High Income Securities Fund (NYSE:PCF).

Among 3 analysts covering Daqo New Energy (NYSE:DQ), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Daqo New Energy had 13 analyst reports since August 12, 2015 according to SRatingsIntel. Roth Capital maintained Daqo New Energy Corp. (NYSE:DQ) on Friday, May 26 with “Buy” rating. The stock of Daqo New Energy Corp. (NYSE:DQ) has “Buy” rating given on Monday, June 26 by Roth Capital. Roth Capital maintained it with “Buy” rating and $50.0 target in Thursday, November 16 report. Roth Capital maintained it with “Buy” rating and $3500 target in Friday, August 4 report. Roth Capital maintained Daqo New Energy Corp. (NYSE:DQ) rating on Monday, December 4. Roth Capital has “Buy” rating and $65.0 target. As per Monday, October 16, the company rating was maintained by Roth Capital. The firm has “Outperform” rating by Northland Capital given on Friday, December 18. The stock of Daqo New Energy Corp. (NYSE:DQ) has “Buy” rating given on Friday, July 14 by Roth Capital. The stock of Daqo New Energy Corp. (NYSE:DQ) has “Equal-Weight” rating given on Tuesday, November 10 by Morgan Stanley. Roth Capital maintained Daqo New Energy Corp. (NYSE:DQ) on Sunday, August 13 with “Buy” rating.