Short Interest Change: Alico Incorporated (NASDAQ:ALCO) Reports Decline in Sellers; Strong Momentum for Longs

November 24, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest Change: Alico Incorporated (NASDAQ:ALCO) Reports Decline in Sellers; Strong Momentum for Longs

The stock of Alico Incorporated (NASDAQ:ALCO) registered a decrease of 1.22% in short interest. ALCO’s total short interest was 202,300 shares in November as published by FINRA. Its down 1.22% from 204,800 shares, reported previously. With 4,300 shares average volume, it will take short sellers 47 days to cover their ALCO’s short positions. The short interest to Alico Incorporated’s float is 3.31%. The stock increased 0.36% or $0.1 on November 23, hitting $27.9. About 4,048 shares traded hands. Alico, Inc. (NASDAQ:ALCO) has declined 1.48% since April 22, 2016 and is downtrending. It has underperformed by 6.89% the S&P500.

Alico, Inc. is an agribusiness and natural resources management company. The company has a market cap of $232.00 million. The Company’s Citrus Groves segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets. It has a 29.41 P/E ratio. The Improved Farmland segment includes activities related to owning and/or leasing improved farmland.

Insitutional Activity: The institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.56, from 0.57 in 2016Q1. The ratio increased, as 6 funds sold all Alico, Inc. shares owned while 17 reduced positions. 2 funds bought stakes while 11 increased positions. They now own 6.08 million shares or 1.09% less from 6.15 million shares in 2016Q1.
Bridgeway Mgmt Inc reported 13,900 shares or 0.01% of all its holdings. Walleye Trading Ltd Limited Liability Company has 500 shares for 0% of their US portfolio. Blackrock Institutional Na, a California-based fund reported 117,661 shares. Towerview Ltd Com accumulated 0.35% or 25,219 shares. National Bank Of America De last reported 0% of its portfolio in the stock. Gmt Cap Corp owns 581,681 shares or 0.43% of their US portfolio. Deutsche National Bank & Trust Ag has 1,213 shares for 0% of their US portfolio. Vanguard Grp Inc Inc owns 119,893 shares or 0% of their US portfolio. Birch Run Capital Advsr Ltd Partnership holds 275,721 shares or 3.31% of its portfolio. Tower Research Ltd Liability (Trc) has 451 shares for 0% of their US portfolio. Moreover, Geode Cap Ltd has 0% invested in Alico, Inc. (NASDAQ:ALCO) for 24,858 shares. Stifel Financial has 0% invested in the company for 10,000 shares. The New York-based Jpmorgan Chase & Com has invested 0% in Alico, Inc. (NASDAQ:ALCO). Blackrock Fund Advsrs has 86,525 shares for 0% of their US portfolio. Blackrock Investment Mgmt Ltd Liability Co last reported 0% of its portfolio in the stock.

ALCO Company Profile

Alico, Inc., incorporated on February 1, 1960, is an agribusiness and natural resources management company. The Company’s principal lines of business are citrus groves, cattle ranching and conservation, and related support operations. The Firm operates through five divisions: Citrus Groves, Improved Farmland, Ranch and Conservation, Agricultural Supply Chain Management and Other Operations. The Company’s Citrus Groves segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets. The Improved Farmland segment includes activities related to owning and/or leasing improved farmland. The Ranch and Conservation segment includes activities related to cattle grazing, sod, native plant and animal sales, leasing, management and/or conservation of unimproved native pastureland. The Agricultural Supply Chain Management segment includes activities related to the purchase and resale of fruit, as well as value-added services, which include contracting for the harvesting, marketing and hauling of citrus. The Other Operations segment includes activities related to a citrus nursery, rock mining royalties, oil exploration and other lines of business.

More notable recent Alico, Inc. (NASDAQ:ALCO) news were published by: Globenewswire.com which released: “Alico, Inc. Announces Fiscal Year 2016 Fourth Quarter Dividend” on September 07, 2016, also Prnewswire.com with their article: “Alico Inc. Announces Three Strategic Acquisitions” published on December 03, 2014, Globenewswire.com published: “Alico, Inc. Announces Fiscal Year 2016 Third Quarter Dividend” on May 12, 2016. More interesting news about Alico, Inc. (NASDAQ:ALCO) were released by: Globenewswire.com and their article: “Alico, Inc. Announces Chief Operating Officer Change” published on March 26, 2015 as well as Prnewswire.com‘s news article titled: “Alico, Inc. Appoints John E. Kiernan As Chief Financial Officer” with publication date: June 01, 2015.

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By Adrian Mccoy


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