November 23, 2016 - By Winifred Garcia · 0 Comments
The stock of Aerocentury Corporation (NYSEMKT:ACY) registered a decrease of 5.88% in short interest. ACY’s total short interest was 1,600 shares in November as published by FINRA. Its down 5.88% from 1,700 shares, reported previously. With 3,700 shares average volume, it will take short sellers 0 days to cover their ACY’s short positions. The short interest to Aerocentury Corporation’s float is 0.17%. About 394 shares traded hands. AeroCentury Corp. (NYSEMKT:ACY) has declined 13.90% since April 21, 2016 and is downtrending. It has underperformed by 19.23% the S&P500.
AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The company has a market cap of $14.72 million. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. It has a 3.38 P/E ratio. The business of the Company is managed by JetFleet Management Corp. , an integrated aircraft management, marketing and financing business.
Insitutional Activity: The institutional sentiment increased to 0.5 in 2016 Q2. Its up 0.21, from 0.29 in 2016Q1. The ratio improved, as 2 funds sold all AeroCentury Corp. shares owned while 5 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 204,206 shares or 50.78% less from 414,910 shares in 2016Q1.
Manufacturers Life Insur The owns 57 shares or 0% of their US portfolio. Deutsche National Bank Ag holds 0% or 53 shares in its portfolio. Leisure Cap Management has 0.56% invested in the company for 53,910 shares. Perritt Mgmt Inc has 34,047 shares for 0.08% of their US portfolio. Bridgeway Management Inc has invested 0% of its portfolio in AeroCentury Corp. (NYSEMKT:ACY). Savings Bank Of America De holds 0% or 20 shares in its portfolio. Federated Invsts Pa has 0% invested in the company for 189 shares. Renaissance Tech Ltd has invested 0% of its portfolio in AeroCentury Corp. (NYSEMKT:ACY). Blackrock Fund Advsr reported 249 shares or 0% of all its holdings. Dimensional Fund Lp owns 78,487 shares or 0% of their US portfolio. Tower Rech Capital Lc (Trc) owns 394 shares or 0% of their US portfolio.
Insider Transactions: Since August 17, 2016, the stock had 3 insider purchases, and 0 selling transactions for $7,260 net activity. On Wednesday, August 17 WALLACH EVAN M bought $5,263 worth of the stock or 600 shares. The insider Wilson David Paul bought 140 shares worth $1,307.
AeroCentury Corp., incorporated on February 28, 1997, acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. The business of the Company is managed by JetFleet Management Corp. (JMC), an integrated aircraft management, marketing and financing business. JMC is a subsidiary of JetFleet Holding Corp (JHC). The Firm has been engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers.
More notable recent AeroCentury Corp. (NYSEMKT:ACY) news were published by: Globenewswire.com which released: “AeroCentury Corp. Names Michael G. Magnusson as Chief Executive Officer” on August 15, 2016, also Quotes.Wsj.com with their article: “News Aerocentury Corp.ACY” published on February 11, 2011, Prnewswire.com published: “AeroCentury Corp. Names Evan Wallach as Chairman of the Board; Stockholders …” on May 06, 2016. More interesting news about AeroCentury Corp. (NYSEMKT:ACY) were released by: Globenewswire.com and their article: “AeroCentury Corp. Completes $37 Million Aircraft Purchase” published on September 21, 2016 as well as Seekingalpha.com‘s news article titled: “AeroCentury Corporation: Activism Unlikely To Succeed But Still Compelling” with publication date: August 29, 2016.
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By Winifred Garcia