Amtrust Financial Services Inc (NASDAQ:AFSI) Shorts Declined By 25.29% As Of Apr 17, 2018

April 17, 2018 - By Michele Cranor

AmTrust Financial Services, Inc. (NASDAQ:AFSI) Corporate Logo

Big Money Sentiment increased to 0.92 in Q4 2017. It has change of 0.24, from 2017Q3’s 0.68. The ratio improved due to AmTrust Financial Services, Inc. positioning: 32 sold and 42 reduced. 28 funds amassed positions and 40 increased positions. Investors holded 65.41 million in 2017Q3 but now own 55.92 million shares or 14.50% less.
Jpmorgan Chase & invested 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Voya Inv Limited Liability reported 38,324 shs. Smithfield Trust reported 939 shs. Pnc Financial has invested 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Amalgamated Retail Bank reported 11,371 shs stake. Alpha Cubed Invs Llc holds 0.02% in AmTrust Financial Services, Inc. (NASDAQ:AFSI) or 13,200 shs. Bancorp Of America Corporation De stated it has 271,487 shs or 0% of all its holdings. Rhumbline Advisers has 130,443 shs for 0% of their capital. Horizon Kinetics Ltd has 40,112 shs for 0.01% of their capital. Moreover, Rbf Cap Ltd has 0.14% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 130,000 shs. Pinnacle Associate holds 0% or 14,052 shs. Us State Bank De reported 1,347 shs. Blair William & Il, Illinois-based fund reported 79,199 shs. Vertex One Asset Mgmt reported 95,000 shs or 0.16% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its capital in AmTrust Financial Services, Inc. (NASDAQ:AFSI).

It was showed a decrease on Amtrust Financial Services Inc (NASDAQ:AFSI)’s shares shorted with 25.29%. It was published in April by FINRA the 8.58 million shares shorted on AFSI. That’s 25.29% down from 11.49M shares. 5 days will cost AFSI With 1.67 million average volume to restore its former position. Float short on Amtrust Financial Services Inc is 7.05%.

Its shares touched $12.535 on during the last trading session after 0.44% change.AmTrust Financial Services, Inc. has volume of 113,557 shares. Since April 17, 2017 AFSI has declined 32.15% and is downtrending. The stock underperformed the S&P 500 by 43.70%.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally.The firm is worth $2.46 billion. It operates in three divisions: Small Commercial Business; Specialty Risk and Extended Warranty; and Specialty Program.Currently it has negative earnings. The Small Commercial Business segment offers workersÂ’ compensation insurance products; and commercial package insurance products, such as commercial property, general liability, inland marine, automobile, and umbrella coverage, as well as other property and casualty insurance products to small businesses.

AmTrust Financial Services, Inc. (NASDAQ:AFSI) Ratings Coverage

Total analysts of 5 have positions in AmTrust (NASDAQ:AFSI) as follows: 0 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 0. The firm has $22.0 highest while $10.0 is the lowest [Target]. The average target $15.83 is 26.29% above the last ($12.535) price. Since October 24, 2017 according to StockzIntelligence Inc AmTrust has 8 analyst reports. On Monday, November 13 JMP Securities downgraded AmTrust Financial Services, Inc. (NASDAQ:AFSI) to “Market Perform” rating. The company rating was maintained by Keefe Bruyette & Woods on Monday, December 4. On Tuesday, October 24 the firm has “Hold” rating given by FBR Capital. The stock rating was maintained by SunTrust with “Buy” on Monday, October 23. On Monday, February 26 the stock of AmTrust Financial Services, Inc. (NASDAQ:AFSI) has “Hold” rating given by Compass Point. The company rating was maintained by Keefe Bruyette & Woods on Sunday, January 21. On Thursday, March 1 the company was downgraded by SunTrust.

AmTrust Financial Services, Inc. (NASDAQ:AFSI) Institutional Investors Chart

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