First Trust NASDAQ-100-Tech Sector ETF (QTEC) Forms $77.41 Double Top; Systemax (SYX) Shorts Raised By 1.57%

First Trust NASDAQ-100-Tech Sector ETF (QTEC) formed double top with $84.38 target or 9.00% above today’s $77.41 share price. First Trust NASDAQ-100-Tech Sector ETF (QTEC) has $2.37B valuation. The ETF increased 1.45% or $1.11 during the last trading session, reaching $77.41. About 149,193 shares traded. First Trust NASDAQ-100-Tech Sector ETF (NASDAQ:QTEC) has risen 53.98% since March 5, 2017 and is uptrending. It has outperformed by 37.28% the S&P500.

Systemax Inc (NYSE:SYX) had an increase of 1.57% in short interest. SYX’s SI was 316,400 shares in March as released by FINRA. Its up 1.57% from 311,500 shares previously. With 97,300 avg volume, 3 days are for Systemax Inc (NYSE:SYX)’s short sellers to cover SYX’s short positions. The SI to Systemax Inc’s float is 2.75%. The stock increased 1.72% or $0.49 during the last trading session, reaching $28.92. About 83,871 shares traded. Systemax Inc. (NYSE:SYX) has risen 77.10% since March 5, 2017 and is uptrending. It has outperformed by 60.40% the S&P500.

Systemax Inc. operates as a direct marketer of brand name and private label products. The company has market cap of $1.07 billion. The Company’s Industrial Products Group segment sells a range of maintenance, repair, and operation products, including electrical and bulbs; fasteners and hardware; foodservice and appliances; furniture and office products; HVAC/R fans; janitorial and maintenance; material handling; medical and laboratory equipment; metalworking and cutting tools; motors and power transmission products; office and school supplies; outdoor and grounds maintenance products; packaging and supplies; plumbing supplies; pneumatics and hydraulics; raw materials and building supplies; safety and security products; storage and shelving products; tools and instruments; and vehicle maintenance, and workbench and shop desks in North America. It has a 27 P/E ratio. The companyÂ’s EMEA Technology Products Group segment sells information and communication technology products, such as computers and mobile devices; computer parts and memory products; servers, and storage and backup products; computer components and accessories; networking and security products; software products; and electronics, and commercial and home networking products.

Investors sentiment increased to 2.57 in Q3 2017. Its up 0.96, from 1.61 in 2017Q2. It is positive, as 5 investors sold Systemax Inc. shares while 16 reduced holdings. 28 funds opened positions while 26 raised stakes. 9.90 million shares or 6.13% more from 9.33 million shares in 2017Q2 were reported. California State Teachers Retirement System has 0% invested in Systemax Inc. (NYSE:SYX) for 18,274 shares. Tiaa Cref Mgmt Ltd Liability Com holds 0% in Systemax Inc. (NYSE:SYX) or 102,928 shares. Bogle Inv Mngmt L P De holds 0.09% of its portfolio in Systemax Inc. (NYSE:SYX) for 48,169 shares. Art Advsrs Ltd Llc reported 23,621 shares or 0.03% of all its holdings. Geode Cap Limited Liability Co stated it has 112,439 shares. Moreover, Ameriprise Incorporated has 0% invested in Systemax Inc. (NYSE:SYX) for 52,912 shares. 43,030 are held by Hillsdale Inv Management. Bridgeway Mgmt Inc has 0.04% invested in Systemax Inc. (NYSE:SYX). Weber Alan W accumulated 0.16% or 12,855 shares. 68,092 are held by Chicago Equity Prns Lc. Balyasny Asset Management Lc has 8,521 shares. Ameritas Inv Prtnrs holds 0% or 1,000 shares in its portfolio. Bnp Paribas Arbitrage reported 1,186 shares or 0% of all its holdings. Moreover, Goldman Sachs Grp Inc Inc has 0% invested in Systemax Inc. (NYSE:SYX) for 13,993 shares. New York State Common Retirement Fund has invested 0% in Systemax Inc. (NYSE:SYX).

Since September 15, 2017, it had 0 insider purchases, and 2 insider sales for $3.35 million activity. 80,203 Systemax Inc. (NYSE:SYX) shares with value of $2.15M were sold by REINHOLD LAWRENCE P.