Willbros Group Inc (de) (NYSE:WG) Can’t Be More Risky. Short Interest Increased

March 15, 2018 - By reb123z

 Willbros Group Inc (de) (NYSE:WG) Can't Be More Risky. Short Interest Increased

Investors sentiment increased to 2.24 in 2017 Q3. Its up 1.09, from 1.15 in 2017Q2. It improved, as 6 investors sold Willbros Group, Inc. shares while 15 reduced holdings. 20 funds opened positions while 27 raised stakes. 40.08 million shares or 11.23% more from 36.04 million shares in 2017Q2 were reported.
The Texas-based Dimensional Fund Limited Partnership has invested 0% in Willbros Group, Inc. (NYSE:WG). Moreover, Prescott Cap Mgmt Llc has 0.14% invested in Willbros Group, Inc. (NYSE:WG) for 206,770 shares. Renaissance Limited Liability stated it has 638,500 shares or 0% of all its holdings. Heartland owns 4.19M shares for 0.87% of their portfolio. Clinton Gru holds 0% of its portfolio in Willbros Group, Inc. (NYSE:WG) for 14,067 shares. State Street reported 0% stake. Citadel Limited Company invested in 31,023 shares or 0% of the stock. Williams Jones And holds 26,000 shares. Kohlberg Kravis Roberts And Lp owns 10.13 million shares for 0.38% of their portfolio. 44,600 were reported by State Common Retirement Fund. Raymond James Fincl owns 13,194 shares or 0% of their US portfolio. Ameritas Investment has invested 0% in Willbros Group, Inc. (NYSE:WG). 3.26 million were reported by Blackrock. Retail Bank Of Ny Mellon reported 182,022 shares or 0% of all its holdings. Barclays Public Limited Co has 1,400 shares.

The stock of Willbros Group Inc (de) (NYSE:WG) registered an increase of 14.05% in short interest. WG’s total short interest was 408,200 shares in March as published by FINRA. Its up 14.05% from 357,900 shares, reported previously. With 286,400 shares average volume, it will take short sellers 1 days to cover their WG’s short positions. The short interest to Willbros Group Inc (de)’s float is 0.73%.

The stock decreased 1.25% or $0.01 during the last trading session, reaching $0.83. About 247,901 shares traded. Willbros Group, Inc. (NYSE:WG) has declined 22.01% since March 15, 2017 and is downtrending. It has underperformed by 38.71% the S&P500.

Willbros Group, Inc., through its subsidiaries, operates as a specialty energy infrastructure contractor serving gas and oil, and power industries in the United States and Canada. The company has market cap of $52.45 million. The firm operates through three divisions: Oil & Gas, Utility T&D, and Canada. It currently has negative earnings. The Oil & Gas segment offers construction, maintenance, and lifecycle extension services to the midstream markets.

Willbros Group, Inc. (NYSE:WG) Ratings Coverage

Among 5 analysts covering Willbros Group (NYSE:WG), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Willbros Group had 6 analyst reports since July 2, 2015 according to SRatingsIntel. The stock of Willbros Group, Inc. (NYSE:WG) earned “Neutral” rating by UBS on Thursday, July 2. Morgan Stanley upgraded Willbros Group, Inc. (NYSE:WG) on Friday, June 24 to “Equalweight” rating. Credit Suisse maintained it with “Underperformer” rating and $1.35 target in Wednesday, August 16 report. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, September 18 report. As per Monday, August 10, the company rating was maintained by DA Davidson. The stock has “Market Perform” rating by Avondale on Friday, March 11.

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