Shares of Cubic Corp. rallied 34.5% and interest in the ticker by retail investors surged Monday on reports the company implemented a limited-duration shareholder rights plan in response to Elliott Management’s “undisclosed, rapid stock accumulation and expression of desire to acquire company.” Investors were actively reading relevant information on Cubic early in the trading week to evaluate the potential for a corporate buyout that could send shares even higher. Then, on Wednesday, Reuters reported that Elliott and Veritas Capital could make a joint bid for the company, while Truist analysts suggested that a buyout could be in the $80-85 range, or a 42-51% premium to the current price of $56.3 per share.
As buyout speculation lifted shares, Cubic earned the top spot for retail investor traffic surge from a week ago. This edition of Advisors in Focus: TrackStar Insights offers a complete listing of stocks, exchange traded funds, industry groups, and ETF categories that, like Cubic, are seeing growing interest and increased research activity by retail investors over recent days, according to TrackStarIQ rankings. Please find the details below.
Top Stocks by Retail Investor Traffic Surge* :
Top ETFs by Retail Investor Traffic Surge* :
| Rank | Ticker | Company |
| 3 | EEV | UltraShort MSCI Emerging Markets |
| 2 | FTCS | First Trust Capital Strength ETF |
| 1 | PTF | Invesco DWA Tech Momentum ETF |
Top Industry Groups by Retail Investor Traffic Surge* :
| Rank | Industry Group |
| 3 | Cash grains |
| 2 | Computer and office equipment |
| 1 | Soaps and other detergents |
Top ETF Categories by Increase (or smallest decrease) in by Retail Investor Traffic* :
| Rank | ETF Category |
| 3 | Hedge fund |
| 2 | Small cap value equities |
| 1 | California munis |
*Surge in traffic is evaluated by the increase in average traffic from the previous two days from the five-day period preceding it.
| Top 20 Surging Stocks by Retail Investor Traffic (two days vs. prior week) | Ticker | Top 20 Surging Industry Groups by Retail Investor Traffic (two days vs. prior week) | Top 20 Surging ETFs by Financial Advisor Traffic (one week vs. prior week) | Ticker | Top 20 Surging ETF Categories by Retail Investor Traffic (two days vs. prior week) |
| Cubic Corp | CUB | Soap and other detergents | Invesco DWA Technology Momentum ETF | PTF | California Munis |
| NanoVibronix Inc | NAOV | Computer & Office Equipment | First Trust Capital Strength ETF | FTCS | Small Cap Value Equities |
| Legacy Acquisition Corp | LGC | Cash grains, misc | UltraShort MSCI Emerging Markets | EEV | Hedge Fund |
| DigitalTown, Inc. | DGTW | Psychiatric hospitals | Invesco Variable Rate Preferred ETF | VRP | Emerging Markets Bonds |
| Portofino Resources Inc. | PFFOF | Loan brokers | Amplify Online Retail ETF | IBUY | Inverse Commodities |
| Capital Venture Europe Plc | CPVNF | Travel agencies | Goldman Sachs Motif Manufacturing Revolution ETF | GMAN | National Munis |
| Condor Hospitality Trust Inc | CDOR | Furniture and fixtures, misc | ProShares Ultra Short Real Estate | SRS | Foreign Small & Mid Cap Equities |
| DAVIDsTEA Inc | DTEA | Miscellaneous Chemical Products | WisdomTree Emerging Markets Equity Income Fund | DEM | Inverse Equities |
| INDIVIOR PLC | INVVY | Ophthalmic goods | Invesco BulletShares 2023 Corporate Bond ETF | BSCN | Inverse Bonds |
| International Consolidated Airlines Group SA | ICAGY | Real Estate Dealers | iShares U.S. Insurance ETF | IAK | Total Bond Market |
| XsunX, Inc. | XSNX | Fresh and frozen packaged fish | Invesco S&P SmallCap Energy ETF | PSCE | Financials Equities |
| VerifyMe, Inc. | VRME | Salted and roasted nuts and seeds | First Trust NASDAQ ABA Community Bank Index | QABA | Precious Metals |
| Imax Corp | IMAX | Natural gas distribution | ProShares UltraShort Silver | ZSL | Europe Equities |
| Global Technologies Ltd | GTLL | Trucking, except local | Vanguard Intermediate-Term Treasury ETF | VGIT | Small Cap Blend Equities |
| Averox, Inc. | AVRI | Air transportation, scheduled | Global X Russell 2000 Covered Call ETF | RYLD | Mid Cap Growth Equities |
| Metrospaces, Inc. | MSPC | Laboratory apparatus and furniture | ProShares Ultra Short Basic Materials | SMN | Commodity Producers Equities |
| Union Bankshares Inc | UNP | Advertising, misc | IQ US Real Estate Small Cap ETF | ROOF | Metals |
| Telco Cuba, Inc. | QBAN | Commercial equipment, misc | ProShares UltraShort Dow 30 | DXD | Volatility Hedged Equity |
| Blonder Tongue Laboratories Inc | BDR | Pay TV | iShares Yield Optimized Bond ETF | BYLD | MLPs |
| MediaG3, Inc. | MDGC | Converted Paper & Paperboard Prods | iShares Microcap ETF | IWC | Leveraged Commodities |