Our Fintel review breaks down this financial intelligence company, which you can add to your trading tool bag. This is a company that tracks hedge funds and securities all over the world. So if something big is happening, you’re going to know about it.
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Review of Fintel
Fintel.IO is a platform that provides advanced research tools for investors looking to find an edge on the market through quantitative data analysis. At its very core, Fintel.IO is a stock screener that provides specific information to investors normally used by institutional investors and hedge funds. Hence our Fintel review.
Users can select from any number of screens to help target how certain stocks or funds are performing over a period of time. But where Fintel.IO really shines is providing specific screens that target heavily shorted stocks. In case you haven’t heard, short squeezes are in these days. And Fintel.IO specializes in finding stocks that have a high short interest and high institutional trading volume.
Beginner investors may feel a bit overwhelmed when they log in to Fintel.IO for the first time. The layout isn’t flashy. The dashboard is actually quite plain looking, but it does require some work to establish which screens and settings you want to search for. Let’s take a look at some of the main features that the platform offers.
We’ll skip the API and Developer Hub. But basically what that does is it allows you to publish Fintel.IO data on your own website using their patented API. It’s just a helpful way to beef up the legitimacy and feel of your website by adding real live data directly into your interface.
Short Interest Data
This feature is probably the most highly sought-after data in the investing world right now. After the coordinated short squeezes of stocks like GameStop and AMC, retail investors are searching for other stocks with high short interest. Fintel.IO provides the information to users before a short squeeze actually begins to take place, Therefore, allowing you to potentially make massive gains by getting in before the market.
To find the short interest data, you can use one of the many screens Fintel.IO has to offer. We love looking at the Short Squeeze Explorer. This gives a grade on the likelihood of a short squeeze happening in the near future. Here is what it looks like.
As you can see Fintel.IO provides the short interest % float, as well as the borrow fee rate which shows how many shares are being borrowed by a fund to short the stock. The last column shows Fintel.IO’s own short squeeze score. This gives the likelihood that this stock may be squeezed. It should come as no surprise that Clover Health is at the top of the list. Redditors recently tapped the stock as a short squeeze target.
Insider Trading Activity
Taking a look at the insider buying screen provides a nice look at stocks that people inside the company are personally buying. This is often a key indicator that something is about to happen that insiders have knowledge of. Insider buying is infinitely more useful than insider selling.
As a result, keep an eye on which companies are buying up their own shares. Using a real life example, the third company on this list is Cyclo Therapeutics, and at the time of this writing, this is what the stock is doing.
That massive surge came when insiders bought up shares which could mean that something is on the way like an FDA approval for a biotech company. This is another great screener to use when searching for stocks that are flying under the radar of most investors!
This also appears on your home dashboard and provides insider activity for the stocks you follow. Check out the CEO of AMD selling a bunch of shares within the past three hours! Very cool stuff!
Fintel.IO also offers more traditional stock screens like Dividend Yield, which is something income investors will be more interested in. The default setting on Fintel.IO is to search for stocks or funds that pay out an annual dividend yield of 4% or higher.
This is just a quick snapshot of an example of how you can sift through equities by dividend yield! Very handy!
You can have access to any recent or historical SEC filings for companies or funds that you follow. There is a quick link in the menu, as well as appearing by default on your home dashboard page. While these are available elsewhere on the internet, it’s definitely a convenient feature to have these available as soon as you login to Fintel.IO.
Where Can I Find Institutional Ownership Data?
Want to see if the stocks you follow are being bought or sold by large institutional investors? Check out the institutional trading activity chart on your home dashboard that will give you a detailed look into which of your stocks hedge fund managers are actively trading.
This is not your own portfolio, this feature tracks the aggregate performance of the most commonly held stocks across ETFs and Funds. This is an example of a large cap U.S. list that shows how large funds are trading some of the biggest companies on the U.S. markets. A very interesting feature for sure!
How Much Does Fintel Cost? (Pricing Review)
Surprisingly, not that much! Fintel.IO offers competitive pricing in terms of stock screeners and data analytics platforms. There are two price points for accounts: charged quarterly or charged annually. The paid account provides you with premium features like no ads, Insider Trading Data, SEC Filings, custom dashboard, Ownership Filings, and real time alerts.
If you want to pay quarterly at Fintel.IO, the subscription fee is $29.75 per month, but you will be billed per quarter so it is an upfront payment of $89.25.
If you want to pay annually at Fintel.IO, the subscription fee is slightly cheaper at $24.75 per month, and you will be charged an upfront payment of $297.00.
Is it worth it? That’s up to you to decide! Unlike other financial data platforms, Fintel.IO does not have a mobile app so you will have to either use your computer or mobile browser to use the site.
Did we forget to mention that you can fully customize your dashboard the way you want, with the screens and stocks of your choice? Personalize your watch list by the stocks you want to follow, and then add more stocks to the multiple tab options including by News, Sentiment, Institutions, Insiders, Filings, or Fund Tracker.
If you notice certain stocks have more active insider trading, or are waiting for news on an SEC filing for a SPAC IPO stock, add those to the respective tabs! Fintel.IO can create the dashboard that you want without ever having to leave the site!
Here’s what it looks like:
Fintel.IO even adds in a personal notebook that you can refer to if you ever need to jot things down or copy and paste notes from an SEC filing. This is especially helpful when you have a large influx of data or if your personal stock watchlist gets so big that you need to start jotting things down just so you can keep on top of things!
We hope this Fintech review helped you. Fintel.IO is an extremely helpful data analytics platform that gives retail investors the tools and information that’s usually reserved for institutional investors. The stock screener is incredibly thorough and provides investors with a rare insight into the short selling side of the stock market.
Of course, given the events over the past few months with short squeezes, Fintel.IO may be just the tool you need to take advantage of the massive gains that can come from being in a heavily shorted stock.
Is it necessary for most traders? That’s totally up to you and your preferences. Some investors don’t like to spend any extra money on screeners or other tools. Whereas some will take any advantage they can get over the pros. If you own a website, adding Fintel.IO’s API to your code can really beef up the quantitative data you can make available to your visitors.
In the end, a subscription to Fintel.IO is hardly breaking the bank, especially considering the cost of some of the higher end platforms that are available. If you’re just signing up for it to find the next GameStop or AMC, you can probably find that data on your own without Fintel.IO. But if you are a serious trader that knows how to use the data, Fintel.IO can be a worthy tool to add to your investing arsenal.