November 24, 2016 - By Marie Mckinney · 0 Comments
The stock of Amerisafe Incorporated (NASDAQ:AMSF) registered an increase of 5.79% in short interest. AMSF’s total short interest was 603,300 shares in November as published by FINRA. Its up 5.79% from 570,300 shares, reported previously. With 96,600 shares average volume, it will take short sellers 6 days to cover their AMSF’s short positions. The short interest to Amerisafe Incorporated’s float is 3.24%. The stock decreased 0.08% or $0.05 on November 23, hitting $63.85. About 133,708 shares traded hands or 30.95% up from the average. Amerisafe, Inc. (NASDAQ:AMSF) has risen 22.81% since April 22, 2016 and is uptrending. It has outperformed by 17.40% the S&P500.
AMERISAFE, Inc. is an insurance holding company. The company has a market cap of $1.23 billion. The Firm provides workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, manufacturing, agriculture, and gas and oil. It has a 14.97 P/E ratio. It is engaged in underwriting the workers’ compensation exposures inherent in these industries.
Insitutional Activity: The institutional sentiment decreased to 0.96 in 2016 Q2. Its down 0.04, from 1 in 2016Q1. The ratio is negative, as 12 funds sold all Amerisafe, Inc. shares owned while 60 reduced positions. 14 funds bought stakes while 58 increased positions. They now own 18.18 million shares or 2.23% less from 18.59 million shares in 2016Q1.
First Mercantile holds 0.01% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF) for 1,050 shares. Hancock Com has 234,443 shares for 0.6% of their US portfolio. Assetmark, a California-based fund reported 575 shares. Manufacturers Life Insur The accumulated 12,645 shares or 0% of the stock. Qs Lc accumulated 1,422 shares or 0% of the stock. Parametric Associates Limited Liability, a Washington-based fund reported 30,620 shares. Rhumbline Advisers, a Massachusetts-based fund reported 25,834 shares. The Arizona-based Arizona State Retirement Systems has invested 0.01% in Amerisafe, Inc. (NASDAQ:AMSF). Louisiana State Employees Retirement Systems owns 8,500 shares or 0.03% of their US portfolio. Schroder Invest Mgmt Group has invested 0.06% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF). Creative Planning owns 399 shares or 0% of their US portfolio. State Of Wisconsin Investment Board reported 337,476 shares or 0.08% of all its holdings. Envestnet Asset Mgmt, a Illinois-based fund reported 11,405 shares. Dimensional Fund Ltd Partnership last reported 948,671 shares in the company. Blackrock Inc holds 0% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF) for 2,799 shares.
AMERISAFE, Inc. (AMERISAFE), incorporated on October 28, 1985, is an insurance holding company. The Firm provides workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, manufacturing, agriculture, and gas and oil. It is engaged in underwriting the workers’ compensation exposures inherent in these industries. The Firm provides coverage to employers under state and federal workers’ compensation laws. The Company’s workers’ compensation insurance policies provide benefits to injured employees for, temporary or permanent disability, death and medical and hospital expenses.
Another recent and important Amerisafe, Inc. (NASDAQ:AMSF) news was published by Seekingalpha.com which published an article titled: “Amerisafe: Undervalued Insurance Play” on October 12, 2016.
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By Marie Mckinney