Do Hedge Funds Love Mast Therapeutics Inc (MSTX)?

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These stocks are Higher One Holdings, Inc (NYSE:ONE), Carbylan Therapeutics Inc (NASDAQ:CBYL), BIND Therapeutics Inc (NASDAQ:BIND), and Intermolecular Inc (NASDAQ:IMI). This group of stocks’ market values are similar to MSTX’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
ONE 14 15693 -2
CBYL 5 5644 -1
BIND 4 1938 -1
IMI 6 25271 1

As you can see these stocks had an average of 7.25 hedge funds with bullish positions and the average amount invested in these stocks was $12 million. That figure was $8 million in MSTX’s case. Higher One Holdings, Inc (NYSE:ONE) is the most popular stock in this table. On the other hand BIND Therapeutics Inc (NASDAQ:BIND) is the least popular one with only 4 bullish hedge fund positions. Mast Therapeutics Inc (NYSEMKT:MSTX) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard ONE might be a better candidate to consider a long position.

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