Short Interest Worth Mentioning: Will Vector Group Limited (NYSE:VGR) Run Out of Steam Soon? Short Interest is Up

November 18, 2016 - By Peter Erickson   ·   0 Comments

Short Interest Worth Mentioning: Will Vector Group Limited (NYSE:VGR) Run Out of Steam Soon? Short Interest is Up

The stock of Vector Group Limited (NYSE:VGR) registered an increase of 2.61% in short interest. VGR’s total short interest was 9.91M shares in November as published by FINRA. Its up 2.61% from 9.66M shares, reported previously. With 607,100 shares average volume, it will take short sellers 16 days to cover their VGR’s short positions. The short interest to Vector Group Limited’s float is 8.65%. About 288,094 shares traded hands. Vector Group Ltd (NYSE:VGR) has risen 2.81% since April 18, 2016 and is uptrending. It has underperformed by 1.62% the S&P500.

Vector Group Ltd. is a holding company. The company has a market cap of $2.75 billion. The Firm is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States through its Zoom E-Cigs LLC (Zoom) subsidiary, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects. It has a 36.83 P/E ratio. The Company’s business divisions include Tobacco, E-Cigarettes and Real Estate.

Insitutional Activity: The institutional sentiment increased to 2.51 in Q2 2016. Its up 1.22, from 1.29 in 2016Q1. The ratio improved, as 21 funds sold all Vector Group Ltd shares owned while 56 reduced positions. 23 funds bought stakes while 76 increased positions. They now own 52.82 million shares or 1.53% less from 53.65 million shares in 2016Q1.
Bnp Paribas Arbitrage Sa, a New York-based fund reported 4,587 shares. Strategic Advsrs accumulated 14,019 shares or 0.18% of the stock. Johnson Finance Group reported 6 shares or 0% of all its holdings. Rhumbline Advisers accumulated 103,081 shares or 0.01% of the stock. Ladenburg Thalmann Fincl holds 0.01% or 35,017 shares in its portfolio. Tru Com Of Vermont has 0.01% invested in the company for 1,699 shares. Whittier Trust Of Nevada Inc last reported 0% of its portfolio in the stock. Solaris Asset Mngmt Ltd Co last reported 3,722 shares in the company. Teacher Retirement System Of Texas owns 12,853 shares or 0% of their US portfolio. Cipher Cap Limited Partnership holds 0.1% of its portfolio in Vector Group Ltd (NYSE:VGR) for 60,832 shares. Renaissance Technology Ltd Liability Corporation has invested 0.25% of its portfolio in Vector Group Ltd (NYSE:VGR). Navellier holds 48,591 shares or 0.16% of its portfolio. Sfmg Ltd Liability accumulated 0.12% or 24,950 shares. Moors And Cabot, a Massachusetts-based fund reported 12,202 shares. Moreover, Raymond James & Assoc has 0% invested in Vector Group Ltd (NYSE:VGR) for 18,134 shares.

VGR Company Profile

Vector Group Ltd., incorporated on September 7, 1999, is a holding company. The Firm is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States through its Zoom E-Cigs LLC (Zoom) subsidiary, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects. The Company’s business divisions include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the activities of the Company’s e-cigarette business. The Real Estate segment includes the Company’s investments in New Valley LLC, which includes Douglas Elliman, Escena, Sagaponack and investments in real estate ventures.

More recent Vector Group Ltd (NYSE:VGR) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Vector Group, KAR Auction Services and Cincinnati Financial” on September 15, 2016. Also Fool.com published the news titled: “3 Reasons Vector Group Ltd is Not a Top Dividend Stock” on December 09, 2014. Streetinsider.com‘s news article titled: “Form 4 VECTOR GROUP LTD For: Nov 15 Filed by: LORBER HOWARD M” with publication date: November 16, 2016 was also an interesting one.

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By Peter Erickson


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