Adams Diversified Equity Fund Inc (NYSE:ADX) Could Burn Your Long Portfolio After More Shorts

June 17, 2018 - By Louis Casey

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Logo

Investors sentiment decreased to 0.94 in Q1 2018. Its down 0.39, from 1.33 in 2017Q4. It worsened, as 9 investors sold Adams Diversified Equity Fund, Inc. shares while 23 reduced holdings. 10 funds opened positions while 20 raised stakes. 18.84 million shares or 1.04% less from 19.03 million shares in 2017Q4 were reported.
Raymond James And Associate invested 0.03% in Adams Diversified Equity Fund, Inc. (NYSE:ADX). Commercial Bank Of America De reported 236,987 shares stake. 2.57M were reported by Lazard Asset Management Llc. Creative Planning has 21,746 shares for 0% of their portfolio. Moreover, 1607 Cap Prns has 1.34% invested in Adams Diversified Equity Fund, Inc. (NYSE:ADX) for 1.64M shares. Atwood Palmer reported 1,057 shares or 0% of all its holdings. Janney Montgomery Scott Limited Liability Corp invested in 0% or 12,354 shares. Covington Mgmt reported 17,938 shares or 0.02% of all its holdings. 54,758 are held by Css Limited Liability Corporation Il. Landscape Lc stated it has 83,805 shares. Stifel Fincl reported 79,715 shares or 0% of all its holdings. Morgan Stanley owns 0.01% invested in Adams Diversified Equity Fund, Inc. (NYSE:ADX) for 2.37 million shares. Brinker Capital, a Pennsylvania-based fund reported 198,587 shares. Wesbanco National Bank Inc holds 0.01% in Adams Diversified Equity Fund, Inc. (NYSE:ADX) or 19,027 shares. Guggenheim Ltd Liability holds 0% of its portfolio in Adams Diversified Equity Fund, Inc. (NYSE:ADX) for 53,825 shares.

Since December 31, 2017, it had 1 insider buy, and 1 sale for $85,097 activity. Another trade for 1,000 shares valued at $15,900 was bought by Escherich Frederic A.

The stock of Adams Diversified Equity Fund Inc (NYSE:ADX) registered an increase of 1.08% in short interest. ADX’s total short interest was 626,600 shares in June as published by FINRA. Its up 1.08% from 619,900 shares, reported previously. With 187,100 shares average volume, it will take short sellers 3 days to cover their ADX’s short positions. The short interest to Adams Diversified Equity Fund Inc’s float is 0.66%.

The stock decreased 0.25% or $0.04 during the last trading session, reaching $15.7. About 131,569 shares traded. Adams Diversified Equity Fund, Inc. (NYSE:ADX) has risen 16.13% since June 17, 2017 and is uptrending. It has outperformed by 3.56% the S&P500.

Adams Diversified Equity Fund, Inc. is a self-managed investment trust. The company has market cap of $1.60 billion. The firm invests in the public equity markets of the United States. It has a 4.27 P/E ratio. It invests in stocks of large-cap companies across diversified sectors to make its investments.

Another recent and important Adams Diversified Equity Fund, Inc. (NYSE:ADX) news was published by Equitiesfocus.com which published an article titled: “Insider Selling: Adams Diversified Equity Fund Inc (NYSE:ADX) Director Sells 6666 Shares of Stock” on June 07, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.