What Do Hedge Funds Think of StemCells Inc (STEM)?

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Let’s go over hedge fund activity in other stocks – not necessarily in the same industry as StemCells Inc (NASDAQ:STEM) but similarly valued. These stocks are Erickson Air-Crane Inc (NASDAQ:EAC), 1347 Capital Corp (NASDAQ:TFSCU), Streamline Health Solutions Inc. (NASDAQ:STRM), and Enzon Pharmaceuticals, Inc. (NASDAQ:ENZN). All of these stocks’ market caps are closest to STEM’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
EAC 5 10007 1
TFSCU 4 9765 0
STRM 7 12193 -1
ENZN 7 9495 1

As you can see these stocks had an average of 5.75 hedge funds with bullish positions and the average amount invested in these stocks was $10 million. That figure was $1 million in STEM’s case. Streamline Health Solutions Inc. (NASDAQ:STRM) is the most popular stock in this table. On the other hand 1347 Capital Corp (NASDAQ:TFSCU) is the least popular one with only 4 bullish hedge fund positions. StemCells Inc (NASDAQ:STEM) 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 STRM might be a better candidate to consider a long position.

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