Short Interest Buzzer: Umpqua Holdings Corporation (NASDAQ:UMPQ)’s Trend Unknown, Especially After Increased Shorts

November 18, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Buzzer: Umpqua Holdings Corporation (NASDAQ:UMPQ)’s Trend Unknown, Especially After Increased Shorts

The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) registered an increase of 17.95% in short interest. UMPQ’s total short interest was 9.29M shares in November as published by FINRA. Its up 17.95% from 7.87 million shares, reported previously. With 1.62 million shares average volume, it will take short sellers 6 days to cover their UMPQ’s short positions. The short interest to Umpqua Holdings Corporation’s float is 4.25%. About 790,409 shares traded hands. Umpqua Holdings Corp (NASDAQ:UMPQ) has risen 7.16% since April 18, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.

Umpqua Holdings Corporation is a financial holding company. The company has a market cap of $3.89 billion. The Company’s principal operating subsidiaries include Umpqua Bank and Umpqua Investments, Inc. (Umpqua Investments). It has a 17.39 P/E ratio. It operates through two divisions: Community Banking and Home Lending.

Insitutional Activity: The institutional sentiment decreased to 1.48 in 2016 Q2. Its down 0.09, from 1.57 in 2016Q1. The ratio dived, as 21 funds sold all Umpqua Holdings Corp shares owned while 75 reduced positions. 35 funds bought stakes while 116 increased positions. They now own 197.05 million shares or 0.21% less from 197.47 million shares in 2016Q1.
National Bank Of Mellon Corporation holds 0.01% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ) for 2.72 million shares. Systematic Management L P holds 0.09% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ) for 406,476 shares. City Holding has invested 0% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ). Dimensional Fund Advisors Lp owns 9.35 million shares or 0.08% of their US portfolio. Guggenheim Ltd Liability holds 0.02% or 423,604 shares in its portfolio. Tci Wealth Advsrs owns 743 shares or 0.01% of their US portfolio. Perkins Inv Mgmt Limited has 4.03M shares for 0.94% of their US portfolio. Royal Bank & Trust Of Canada, a Ontario – Canada-based fund reported 593,537 shares. Balyasny Asset Management Limited Liability has 137,813 shares for 0.01% of their US portfolio. Nordea Invest Mgmt has 0.12% invested in the company for 2.74M shares. Coldstream Cap Management accumulated 0.41% or 149,655 shares. Teachers accumulated 1.03M shares or 0.03% of the stock. Fin Mngmt Inc accumulated 460 shares or 0% of the stock. Cramer Rosenthal Mcglynn Ltd Liability Company has invested 0.7% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ). Morgan Stanley accumulated 0% or 342,221 shares.

Umpqua Holdings Corp (NASDAQ:UMPQ) Ratings Coverage

Out of 5 analysts covering Umpqua Holdings Corp (NASDAQ:UMPQ), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Umpqua Holdings Corp has been the topic of 13 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, January 29. The firm has “Market Perform” rating given on Monday, July 11 by Wells Fargo. The stock has “Market Perform” rating given by Wells Fargo on Thursday, August 27. As per Tuesday, August 25, the company rating was upgraded by Raymond James. Piper Jaffray downgraded Umpqua Holdings Corp (NASDAQ:UMPQ) on Thursday, April 21 to “Underweight” rating. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) earned “Sector Perform” rating by RBC Capital Markets on Monday, October 26. Zacks upgraded the shares of UMPQ in a report on Wednesday, August 26 to “Hold” rating. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) earned “Buy” rating by Zacks on Tuesday, August 18.

UMPQ Company Profile

Umpqua Holdings Corporation, incorporated on November 9, 1998, is a financial holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc. (Umpqua Investments). It operates through two divisions: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail clients in its primary market areas. The Community Banking segment operates over 380 locations throughout Oregon, California, Washington, Idaho and Nevada. The Home Lending segment, which operates as a division of the Bank, originates, sells and services residential mortgage loans.

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By Nellie Frank


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