Flexshopper, Inc. (FPAY) Forms $3.70 Double Bottom; Inventure Foods (SNAK) Shorts Decreased By 15.4%

Inventure Foods Incorporated (NASDAQ:SNAK) had a decrease of 15.4% in short interest. SNAK’s SI was 557,000 shares in February as released by FINRA. Its down 15.4% from 658,400 shares previously. With 70,300 avg volume, 8 days are for Inventure Foods Incorporated (NASDAQ:SNAK)’s short sellers to cover SNAK’s short positions. The SI to Inventure Foods Incorporated’s float is 3.16%. The stock increased 0.13% or $0.005 during the last trading session, reaching $3.995. About 108,147 shares traded. Inventure Foods, Inc. (NASDAQ:SNAK) has declined 34.17% since February 4, 2017 and is downtrending. It has underperformed by 50.87% the S&P500.

Flexshopper, Inc. (FPAY) formed double bottom with $3.52 target or 5.00% below today’s $3.70 share price. Flexshopper, Inc. (FPAY) has $19.58M valuation. It closed at $3.7 lastly. It is down 39.23% since February 4, 2017 and is downtrending. It has underperformed by 55.93% the S&P500.

Inventure Foods, Inc. manufactures and markets healthy/natural and indulgent specialty snack food products in the United States and internationally. The company has market cap of $79.21 million. It operates in two divisions, Frozen Products and Snack Products. It currently has negative earnings. The companyÂ’s healthy/natural food products include Rader Farms frozen berries; Boulder Canyon kettle cooked potato chips; other snack and food items; Willamette Valley Fruit Company frozen berries; Fresh Frozen brand frozen vegetables; biscuits and other frozen snacks; Jamba branded blend-and-serve smoothie kits; SeattleÂ’s Best Coffee Frozen Coffee Blends branded blend-and-serve frozen coffee beverage; Sin In A Tin chocolate pate and other frozen desserts; and private label frozen fruits and healthy/natural snacks.

Among 7 analysts covering Inventure Foods (NASDAQ:SNAK), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Inventure Foods had 11 analyst reports since August 5, 2015 according to SRatingsIntel. On Friday, November 6 the stock rating was maintained by TH Capital with “Buy”. Canaccord Genuity maintained it with “Buy” rating and $9.0 target in Tuesday, January 19 report. The stock has “Buy” rating by Wunderlich on Wednesday, November 18. The rating was downgraded by DA Davidson to “Neutral” on Friday, November 6. The firm has “Buy” rating by Wunderlich given on Friday, February 26. The rating was downgraded by William Blair to “Market Perform” on Wednesday, November 1. DA Davidson downgraded Inventure Foods, Inc. (NASDAQ:SNAK) on Friday, January 13 to “Neutral” rating. The firm has “Buy” rating by Roth Capital given on Monday, March 21. As per Monday, December 14, the company rating was upgraded by DA Davidson. On Wednesday, August 5 the stock rating was maintained by Canaccord Genuity with “Buy”.

Investors sentiment increased to 0.77 in 2017 Q3. Its up 0.04, from 0.73 in 2017Q2. It is positive, as 15 investors sold Inventure Foods, Inc. shares while 15 reduced holdings. 10 funds opened positions while 13 raised stakes. 13.63 million shares or 3.20% less from 14.08 million shares in 2017Q2 were reported. 72,100 were reported by National Bank Of America De. Bridgeway Management has 150,213 shares. Alyeska Grp Incorporated Ltd Partnership has 1.72M shares. King Luther Mngmt Corporation invested in 2.22M shares or 0.09% of the stock. Symons Capital Mngmt Inc reported 35,606 shares stake. Bnp Paribas Arbitrage, a New York-based fund reported 4 shares. Vanguard reported 479,649 shares or 0% of all its holdings. The New York-based Gabelli Funds Llc has invested 0.03% in Inventure Foods, Inc. (NASDAQ:SNAK). Washington Retail Bank owns 0% invested in Inventure Foods, Inc. (NASDAQ:SNAK) for 3,505 shares. Fmr Ltd Limited Liability Company has invested 0% in Inventure Foods, Inc. (NASDAQ:SNAK). Icm Asset Management Incorporated Wa has invested 1.9% in Inventure Foods, Inc. (NASDAQ:SNAK). D E Shaw Inc reported 0% in Inventure Foods, Inc. (NASDAQ:SNAK). Tower (Trc) invested 0% of its portfolio in Inventure Foods, Inc. (NASDAQ:SNAK). Jane Street Grp Inc holds 0% or 11,305 shares. Bancorp Of Ny Mellon reported 16,981 shares or 0% of all its holdings.