Chesapeake Lodging Trust (CHSP) At $31.42 Forms Top; GIGA TRONICS (GIGA) Shorts Down By 13.64%

August 10, 2018 - By Tyler Harlow

Giga-tronics Incorporated (OTCMKTS:GIGA) Logo

GIGA TRONICS INC (OTCMKTS:GIGA) had a decrease of 13.64% in short interest. GIGA’s SI was 9,500 shares in August as released by FINRA. Its down 13.64% from 11,000 shares previously. With 40,200 avg volume, 0 days are for GIGA TRONICS INC (OTCMKTS:GIGA)’s short sellers to cover GIGA’s short positions. The SI to GIGA TRONICS INC’s float is 0.13%. It closed at $0.4 lastly. It is down 0.00% since August 10, 2017 and is . It has underperformed by 12.57% the S&P500.

Chesapeake Lodging Trust (CHSP) formed multiple top with $33.31 target or 6.00% above today’s $31.42 share price. Chesapeake Lodging Trust (CHSP) has $1.86 billion valuation. The stock increased 0.10% or $0.03 during the last trading session, reaching $31.42. About 109,469 shares traded. Chesapeake Lodging Trust (NYSE:CHSP) has risen 34.38% since August 10, 2017 and is uptrending. It has outperformed by 21.81% the S&P500. Some Historical CHSP News: 01/05/2018 – Chesapeake Lodging Trust 1Q Rev $135M; 07/03/2018 Chesapeake Lodging Trust Declares Dividend for the First Quarter; 01/05/2018 – Chesapeake Lodging Trust Sees 2018 Adjusted FFO/Share $2.33-$2.43; 05/04/2018 – Chesapeake Lodging Trust Sets Date of 2018 Annual Meeting of Shareholders; 01/05/2018 – CHESAPEAKE LODGING SEES FY AFFO/SHR $2.33 TO $2.43, EST. $2.39; 01/05/2018 – CHESAPEAKE LODGING 1Q FFO/SHR AS ADJ 43C, EST. 41C; 01/05/2018 – Chesapeake Lodging Trust 1Q Comparable RevPAR Up 3.5%; 04/04/2018 – Chesapeake Lodging Trust to Release Earnings for Quarter Ended March 31, 2018; 01/05/2018 – Chesapeake Lodging Trust Sees 2018 Net $62.9M-Net $69.4M; 22/04/2018 – DJ Chesapeake Lodging Trust, Inst Holders, 1Q 2018 (CHSP)

Giga-tronics Incorporated, together with its subsidiaries, designs, makes, and markets a range of test and measurement equipment used in the development, test, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems. The company has market cap of $4.13 million. The firm operates in two divisions, Giga-tronics Division and Microsource. It currently has negative earnings. The Giga-tronics Division segment produces modular signal sources, up-converters, receivers, and down-converters; and AXIe chassis and AXIe frequency reference modules for use with its signal sources.

Investors sentiment increased to 1.28 in 2018 Q1. Its up 0.14, from 1.14 in 2017Q4. It is positive, as 13 investors sold Chesapeake Lodging Trust shares while 56 reduced holdings. 27 funds opened positions while 61 raised stakes. 55.39 million shares or 1.42% less from 56.19 million shares in 2017Q4 were reported. Minnesota-based Advantus Cap has invested 0.01% in Chesapeake Lodging Trust (NYSE:CHSP). Profund Advsr Limited holds 0.01% or 11,320 shares in its portfolio. State Bank Of Montreal Can reported 0% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). Comerica Bank & Trust holds 63,023 shares. Credit Suisse Ag invested in 0% or 161,312 shares. Daiwa Group holds 0% or 7,700 shares in its portfolio. Amer Century Incorporated has invested 0% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). Matarin Mngmt Ltd Liability Co reported 0% stake. Goldman Sachs accumulated 7.09M shares or 0.05% of the stock. Schroder Inv Management Grp stated it has 40,667 shares or 0% of all its holdings. Westpac Banking reported 350,928 shares or 0% of all its holdings. Eii has invested 0.18% in Chesapeake Lodging Trust (NYSE:CHSP). 26,700 were accumulated by Louisiana State Employees Retirement Systems. Bowling Portfolio Ltd Liability owns 33,683 shares for 0.13% of their portfolio. The Pennsylvania-based Glenmede Tru Company Na has invested 0% in Chesapeake Lodging Trust (NYSE:CHSP).

Among 2 analysts covering Chesapeake Lodging (NYSE:CHSP), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Chesapeake Lodging has $31 highest and $26.0 lowest target. $28.50’s average target is -9.29% below currents $31.42 stock price. Chesapeake Lodging had 4 analyst reports since February 16, 2018 according to SRatingsIntel. The stock of Chesapeake Lodging Trust (NYSE:CHSP) has “Hold” rating given on Thursday, February 15 by SunTrust. Robert W. Baird maintained the shares of CHSP in report on Monday, July 30 with “Neutral” rating. The firm earned “Hold” rating on Monday, May 14 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Buy” on Friday, February 16.

Since May 2, 2018, it had 0 insider buys, and 4 insider sales for $6.97 million activity. FRANCIS JAMES L sold $3.04M worth of stock. Nuechterlein Jeffrey D sold 5,000 shares worth $149,482. $1.53 million worth of Chesapeake Lodging Trust (NYSE:CHSP) was sold by Wootten Graham J. on Monday, May 7. 75,612 Chesapeake Lodging Trust (NYSE:CHSP) shares with value of $2.25 million were sold by Adams D. Rick.

Chesapeake Lodging Trust (NYSE:CHSP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: