65.05% More Appliance Recycling Centers of America Inc – Com (NASDAQ:ARCI) Shares Shorted

May 16, 2018 - By Michele Cranor

Big Money Sentiment decreased to 0.57 in 2017 Q4. It has change of 7.43, from 2017Q3’s 8. The ratio turned negative due to Appliance Recycling Centers of America, Inc. positioning: 4 sold and 3 reduced. 3 funds acquired holdings and 1 increased holdings. Investors holded 1.26 million in 2017Q3 but now own 345,803 shares or 72.57% less.
The California-based First Wilshire Securities Management has invested 0% in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Blackrock holds 0% or 869 shs in its capital. Renaissance Tech Lc has invested 0% in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Two Sigma Ltd Co invested in 0% or 11,746 shs. Acadian Asset Ltd Liability Corp accumulated 0% or 9,281 shs. Bancshares Of Mellon Corporation reported 0% in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Panagora Asset Mgmt Inc holds 0% or 753 shs in its capital. Perkins Capital Mgmt Inc owns 50,000 shs. Royal Bankshares Of Canada owns 2 shs or 0% of their US capital. Captrust Fin Advsr holds 4,375 shs. Virtu Fincl Ltd stated it has 35,085 shs or 0% of all its holdings.

It was recorded an increase on Appliance Recycling Centers of America Inc – Com (NASDAQ:ARCI)’s short interest with 65.05%. FINRA announced in May ARCI’s total 51,000 short interest. Previously was reported up change of 65.05% from 30,900 shares. 1 days will cost ARCI with 56,900 average volume to recover its former position. Appliance Recycling Centers of America Inc – Com float short is 0.98%.

The stock increased 1.25% or $0.01 during the last trading session, reaching $0.81.Currently Appliance Recycling Centers of America, Inc. is downtrending after 12.97% change in last May 16, 2017. ARCI has 16,662 shares volume. ARCI underperformed the S&P 500 by 24.52%.

Appliance Recycling Centers of America, Inc., together with its subsidiaries, sells and recycles household appliances through a chain of company-owned retail stores under the ApplianceSmart name.The company has $5.57 million market cap. The firm operates in two divisions, Retail and Recycling.1.07 is the P/E ratio. The Company’s stores offer new appliances; affordable value-priced, niche offerings, such as close-outs, factory overruns, and discontinued models, as well as special-buy appliances, including out-of-carton merchandise and others; byproduct materials, such as metals of recycled appliances; and carbon offsets created by the destruction of ozone-depleting refrigerants.

There’s an important Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) news published by Streetinsider.com. It’s an article titled: “Form 8-K APPLIANCE RECYCLING CENT For: Apr 18” on April 24, 2018.

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