Short Interest Coverage: Could Yrc Worldwide Incorporated (NASDAQ:YRCW) Change Direction After More Shorts?

November 22, 2016 - By Richard Conner   ·   0 Comments

Short Interest Coverage: Could Yrc Worldwide Incorporated (NASDAQ:YRCW) Change Direction After More Shorts?

The stock of Yrc Worldwide Incorporated (NASDAQ:YRCW) registered an increase of 1.31% in short interest. YRCW’s total short interest was 3.79 million shares in November as published by FINRA. Its up 1.31% from 3.74M shares, reported previously. With 431,400 shares average volume, it will take short sellers 9 days to cover their YRCW’s short positions. The short interest to Yrc Worldwide Incorporated’s float is 14.97%. The stock increased 1.39% or $0.16 during the last trading session, hitting $11.65. YRC Worldwide Inc (NASDAQ:YRCW) has risen 21.10% since April 20, 2016 and is uptrending. It has outperformed by 16.55% the S&P500.

YRC Worldwide Inc. is a holding firm that, through its subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The company has a market cap of $391.73 million. The Firm has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It has a 82.94 P/E ratio. It offers supply chain solutions enabling clients to ship industrial, commercial and retail goods.

Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.19, from 1.02 in 2016Q1. The ratio is positive, as 16 funds sold all YRC Worldwide Inc shares owned while 39 reduced positions. 14 funds bought stakes while 42 increased positions. They now own 25.08 million shares or 7.30% less from 27.05 million shares in 2016Q1.
Masters Management, a Georgia-based fund reported 2.04 million shares. Quantitative Systematic Strategies Ltd Company last reported 18,484 shares in the company. Gsa Cap Ptnrs Ltd Liability Partnership, a United Kingdom-based fund reported 205,957 shares. Geode Capital Mngmt Ltd Company holds 226,270 shares or 0% of its portfolio. Teachers Advisors has 529,523 shares for 0.01% of their US portfolio. State Board Of Administration Of Florida Retirement Systems has 0% invested in the company for 28,540 shares. Hutchin Hill Capital Lp has invested 0.03% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). California State Teachers Retirement Sys has 68,273 shares for 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 630 shares for 0% of their US portfolio. Qs Invsts Ltd Liability Corporation last reported 0.02% of its portfolio in the stock. Great West Life Assurance Can last reported 0% of its portfolio in the stock. Tower Research Llc (Trc) holds 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 2,619 shares. Blackrock Inc owns 23,514 shares or 0% of their US portfolio. Capital Guardian Tru reported 526 shares or 0% of all its holdings. Oxford Asset Management has invested 0.09% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW).

Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 8 insider sales for $1.86 million net activity. O’Connor Thomas Joseph III had sold 14,411 shares worth $172,500 on Tuesday, August 9. WELCH JAMES L sold $521,703 worth of stock or 42,346 shares. Another trade for 2,200 shares valued at $25,410 was made by Hall Justin M. on Tuesday, August 23. 10,000 shares were sold by Ware Scott D., worth $114,400. $219,005 worth of shares were sold by Hawkins Darren on Tuesday, August 2. 49,000 YRC Worldwide Inc (NASDAQ:YRCW) shares with value of $552,720 were sold by Pierson Jamie G..

YRC Worldwide Inc (NASDAQ:YRCW) Ratings Coverage

Out of 2 analysts covering YRC Worldwide Inc (NASDAQ:YRCW), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. YRC Worldwide Inc has been the topic of 6 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Stifel Nicolaus on Friday, October 30. As per Wednesday, July 29, the company rating was upgraded by Raymond James. The rating was initiated by Deutsche Bank with “Hold” on Wednesday, November 2. The stock of YRC Worldwide Inc (NASDAQ:YRCW) has “Buy” rating given on Friday, July 31 by Deutsche Bank.

YRCW Company Profile

YRC Worldwide Inc. (YRC Worldwide), incorporated on January 28, 1983, is a holding firm that, through its subsidiaries and its interest in a Chinese joint venture, JHJ International Transportation Company, Ltd., offers a range of transportation services. The Firm has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling clients to ship industrial, commercial and retail goods. The Firm operates through two divisions: YRC Freight and Regional Transportation.

Another recent and important YRC Worldwide Inc (NASDAQ:YRCW) news was published by Fool.com which published an article titled: “Why YRC Worldwide Inc Shares Got Crushed” on February 05, 2016.

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By Richard Conner


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