Short Interest Coverage: Can Aviva Plc (NYSE:AV)’s Tomorrow Be Different? The Stock Had Decline in Shorts

November 23, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Coverage: Can Aviva Plc (NYSE:AV)’s Tomorrow Be Different? The Stock Had Decline in Shorts

The stock of Aviva Plc (NYSE:AV) registered a decrease of 15.75% in short interest. AV’s total short interest was 443,400 shares in November as published by FINRA. Its down 15.75% from 526,300 shares, reported previously. With 182,000 shares average volume, it will take short sellers 2 days to cover their AV’s short positions. The short interest to Aviva Plc’s float is 0.02%. About 124,426 shares traded hands. Aviva Plc (ADR) (NYSE:AV) has declined 10.32% since April 21, 2016 and is downtrending. It has underperformed by 15.65% the S&P500.

Aviva plc is the holding company of the Aviva Group. The company has a market cap of $23.27 billion. The Firm provides clients with long-term insurance and savings, general and health insurance, and fund management services and products. It currently has negative earnings. The Company’s divisions include UK & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia, and Aviva Investors.

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.26, from 0.77 in 2016Q1. The ratio increased, as 14 funds sold all Aviva Plc (ADR) shares owned while 30 reduced positions. 12 funds bought stakes while 22 increased positions. They now own 15.56 million shares or 8.87% less from 17.07 million shares in 2016Q1.
Bancorporation Of Montreal Can owns 32,933 shares or 0% of their US portfolio. The Texas-based Insur Tx has invested 0.01% in Aviva Plc (ADR) (NYSE:AV). Royal Natl Bank Of Canada, a Ontario – Canada-based fund reported 70,988 shares. Moreover, Millennium Mgmt Limited Liability has 0% invested in Aviva Plc (ADR) (NYSE:AV) for 151,800 shares. Fifth Third Comml Bank last reported 398 shares in the company. Kanaly Tru has 10,652 shares for 0.02% of their US portfolio. Raymond James And Associate reported 19,966 shares or 0% of all its holdings. Thornburg Invest has invested 0.25% of its portfolio in Aviva Plc (ADR) (NYSE:AV). Dreman Value Management L L C holds 4,353 shares or 0.03% of its portfolio. The Pennsylvania-based Susquehanna International Llp has invested 0% in Aviva Plc (ADR) (NYSE:AV). The Washington-based Parametric Assoc Ltd Llc has invested 0.03% in Aviva Plc (ADR) (NYSE:AV). Comerica Bank & Trust has 0.01% invested in the company for 109,551 shares. Invesco owns 43,396 shares or 0% of their US portfolio. Moreover, Huntington Retail Bank has 0% invested in Aviva Plc (ADR) (NYSE:AV) for 6,134 shares. Northern Tru Corp accumulated 2.85M shares or 0.01% of the stock.

Aviva Plc (ADR) (NYSE:AV) Ratings Coverage

Out of 7 analysts covering Aviva (NYSE:AV), 4 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 57% are positive. Aviva has been the topic of 8 analyst reports since September 24, 2015 according to StockzIntelligence Inc. The company was reinitiated on Thursday, September 24 by Goldman Sachs. The rating was upgraded by UBS on Wednesday, September 7 to “Buy”. On Friday, November 27 the stock rating was downgraded by RBC Capital Markets to “Underperform”. The firm has “Buy” rating given on Monday, November 16 by Bank of America. The stock of Aviva Plc (ADR) (NYSE:AV) earned “Market Perform” rating by Bernstein on Monday, March 21. The firm has “Outperform” rating given on Monday, June 27 by Macquarie Research. Beaufort Securities upgraded the stock to “Buy” rating in Friday, October 30 report. The rating was downgraded by Macquarie Research to “Neutral” on Tuesday, August 9.

AV Company Profile

Aviva plc (Aviva), incorporated on February 9, 1990, is the holding firm of the Aviva Group. The Firm provides clients with long-term insurance and savings, general and health insurance, and fund management services and products. The Company’s divisions include UK & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia, and Aviva Investors. In the United Kingdom, the Company has long-term insurance and savings businesses and general insurance, and health businesses. In Europe, it has long-term insurance and savings businesses in all countries in which it operates, general insurance businesses in France, Ireland and Italy, and smaller general insurance activities in various other countries and health businesses in France and Ireland. In Canada, it has general insurance operation. In Asia, it has long-term insurance and savings businesses. The Company’s fund management businesses operate across Europe, Asia, North America and the United Kingdom.

More notable recent Aviva Plc (ADR) (NYSE:AV) news were published by: Quotes.Wsj.com which released: “Aviva PLC ADR AV (US: NYSE)” on February 11, 2011, also Zacks.com with their article: “Bear of the Day: Aviva plc (AV)” published on July 06, 2016, Valuewalk.com published: “UK Insurer Aviva Plc To Acquire Rival Friends Life Group” on November 24, 2014. More interesting news about Aviva Plc (ADR) (NYSE:AV) were released by: Investorplace.com and their article: “5 Insurance Stocks to Sell Now” published on November 23, 2016 as well as Marketwired.com‘s news article titled: “Aviva PLC 2015 Annual Financial Report on Form 20-F” with publication date: March 29, 2016.

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By Nellie Frank


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