November 16, 2016 - By Marie Mckinney · 0 Comments
The stock of Siebert Financial Corporation (NASDAQ:SIEB) registered a decrease of 6.97% in short interest. SIEB’s total short interest was 18,700 shares in November as published by FINRA. Its down 6.97% from 20,100 shares, reported previously. With 46,200 shares average volume, it will take short sellers 0 days to cover their SIEB’s short positions. The short interest to Siebert Financial Corporation’s float is 0.85%. The stock increased 1.72% or $0.02 on November 15, hitting $1.24. Siebert Financial Corp. (NASDAQ:SIEB) has declined 1.59% since April 14, 2016 and is downtrending. It has underperformed by 6.27% the S&P500.
Siebert Financial Corp. is a holding firm that conducts retail discount brokerage business through its subsidiary, Muriel Siebert & Co., Inc. . The company has a market cap of $26.93 million. The Company’s Siebert’s principal activity is providing online and traditional brokerage and related services to retail investors. It currently has negative earnings. It is also an investment advisor through a subsidiary, Siebert Investment Advisors, Inc. (SIA).
Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.50, from 1.5 in 2016Q1. The ratio improved, as 2 funds sold all Siebert Financial Corp. shares owned while 0 reduced positions. 0 funds bought stakes while 4 increased positions. They now own 283,068 shares or 0.84% more from 280,711 shares in 2016Q1.
Kcg Holding Incorporated accumulated 0% or 11,163 shares. Dimensional Fund Advisors Limited Partnership accumulated 154,237 shares or 0% of the stock. Tower Cap Ltd Com (Trc), a New York-based fund reported 336 shares. Citadel Advsrs Ltd Liability Corporation holds 0% or 17,413 shares in its portfolio. California Pub Employees Retirement Systems reported 44,300 shares or 0% of all its holdings. Bankshares Of America De has invested 0% of its portfolio in Siebert Financial Corp. (NASDAQ:SIEB). Renaissance Technologies Ltd Liability Co has invested 0% of its portfolio in Siebert Financial Corp. (NASDAQ:SIEB). Wells Fargo & Mn holds 1 shares or 0% of its portfolio. Northern Trust has 24,918 shares for 0% of their US portfolio.
Siebert Financial Corp., incorporated on April 9, 1934, is a holding firm that conducts retail discount brokerage business through its subsidiary, Muriel Siebert & Co., Inc. (Siebert). The Company’s Siebert’s principal activity is providing online and traditional brokerage and related services to retail investors. The Firm is also an investment advisor through a subsidiary, Siebert Investment Advisors, Inc. (SIA). SIA offers advice to clients regarding asset allocation and the selection of investments. Another subsidiary, Siebert’s Women’s Financial Network Inc. (WFN), is engaged in providing products, services and information devoted to women’s financial needs. Siebert develops and maintains its retail customer base through printed advertising in financial publications, Internet advertising and social media.
More notable recent Siebert Financial Corp. (NASDAQ:SIEB) news were published by: Businesswire.com which released: “Siebert Financial Corp. and Kennedy Cabot Acquisition, LLC Announce Definitive …” on September 02, 2016, also Reuters.com with their article: “BRIEF-Kennedy Cabot announces extension to tender offer of Siebert Financi…” published on November 07, 2016, Businesswire.com published: “Siebert Financial Corp. Announces Transfer of Its Ownership Interest in …” on November 09, 2015. More interesting news about Siebert Financial Corp. (NASDAQ:SIEB) were released by: Businesswire.com and their article: “Siebert Financial Corp. Announces Special Dividend” published on October 03, 2016 as well as Businesswire.com‘s news article titled: “New York Stock Exchange Dedicates Hall in Memory of Muriel F. Siebert, Its …” with publication date: November 15, 2016.
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By Marie Mckinney