Amtrust Financial Services Inc (NASDAQ:AFSI) Stock Is Shorted Less

April 17, 2018 - By Nellie Frank

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

Investors sentiment increased to 0.92 in 2017 Q4. Its up 0.24, from 0.68 in 2017Q3. It is positive, as 32 investors sold AmTrust Financial Services, Inc. shares while 42 reduced holdings. 28 funds opened positions while 40 raised stakes. 55.92 million shares or 14.50% less from 65.41 million shares in 2017Q3 were reported.
Lsv Asset owns 279,200 shares. 1.83 million are owned by State Street. Pub Employees Retirement Of Ohio has 8,037 shares for 0% of their portfolio. 23,900 are owned by Maple Capital Mgmt. Atlantic Trust Limited Com reported 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Tiaa Cref Investment Management Limited Liability Corp holds 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 394,515 shares. Hsbc Public Ltd Liability Com owns 0% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 11,961 shares. Pinnacle Associates stated it has 14,052 shares or 0% of all its holdings. Dreman Value Mgmt L L C holds 12,703 shares or 0.07% of its portfolio. Jefferies Gru Ltd Co invested in 42,342 shares or 0% of the stock. Teacher Retirement Of Texas has invested 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Pnc Fincl Services Gru stated it has 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Alphamark Advsrs Ltd Llc holds 0% or 304 shares. 57,459 were accumulated by Amer International Gp. Bnp Paribas Arbitrage has invested 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI).

The stock of Amtrust Financial Services Inc (NASDAQ:AFSI) registered a decrease of 25.29% in short interest. AFSI’s total short interest was 8.58M shares in April as published by FINRA. Its down 25.29% from 11.49M shares, reported previously. With 1.67M shares average volume, it will take short sellers 5 days to cover their AFSI’s short positions. The short interest to Amtrust Financial Services Inc’s float is 7.05%.

The stock decreased 0.36% or $0.045 during the last trading session, reaching $12.545. About 205,839 shares traded. AmTrust Financial Services, Inc. (NASDAQ:AFSI) has declined 32.15% since April 17, 2017 and is downtrending. It has underperformed by 43.70% the S&P500.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has market cap of $2.46 billion. It operates in three divisions: Small Commercial Business; Specialty Risk and Extended Warranty; and Specialty Program. It currently 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

Among 5 analysts covering AmTrust (NASDAQ:AFSI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. AmTrust has $22.0 highest and $10.0 lowest target. $15.83’s average target is 26.19% above currents $12.545 stock price. AmTrust had 8 analyst reports since October 24, 2017 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, December 4. The firm earned “Buy” rating on Monday, October 23 by SunTrust. Compass Point downgraded the stock to “Hold” rating in Monday, February 26 report. The firm earned “Hold” rating on Sunday, January 21 by Keefe Bruyette & Woods. The company was downgraded on Tuesday, October 24 by FBR Capital. The stock of AmTrust Financial Services, Inc. (NASDAQ:AFSI) earned “Hold” rating by SunTrust on Thursday, March 1. On Monday, November 13 the stock rating was downgraded by JMP Securities to “Market Perform”.

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

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