Short Interest Runner: Aircastle Limited (NYSE:AYR) Shorts Decreased by 5.71% After Short Covering

November 25, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Runner: Aircastle Limited (NYSE:AYR) Shorts Decreased by 5.71% After Short Covering

The stock of Aircastle Limited (NYSE:AYR) registered a decrease of 5.71% in short interest. AYR’s total short interest was 3.08 million shares in November as published by FINRA. Its down 5.71% from 3.26 million shares, reported previously. With 243,300 shares average volume, it will take short sellers 13 days to cover their AYR’s short positions. The short interest to Aircastle Limited’s float is 5.61%. The stock increased 1.16% or $0.26 on November 23, hitting $22.68. Aircastle Limited (NYSE:AYR) has risen 1.93% since April 22, 2016 and is uptrending. It has underperformed by 3.48% the S&P500.

Aircastle Limited is a holding company. The company has a market cap of $1.78 billion. The Company, through its subsidiaries, is engaged in investing in aviation assets, including acquiring, leasing, managing and selling utility commercial jet aircraft. It has a 13.43 P/E ratio. The Firm operates through leasing, financing, selling and managing commercial flight equipment segment.

Insitutional Activity: The institutional sentiment decreased to 0.75 in 2016 Q2. Its down 0.08, from 0.83 in 2016Q1. The ratio fall, as 9 funds sold all Aircastle Limited shares owned while 61 reduced positions. 24 funds bought stakes while 34 increased positions. They now own 50.22 million shares or 1.67% less from 51.07 million shares in 2016Q1.
Macquarie Gp reported 55,700 shares or 0% of all its holdings. Renaissance Group accumulated 0.01% or 14,886 shares. Strs Ohio has 0% invested in the company for 41,900 shares. Moreover, Invsts Advisory Ser has 0.07% invested in Aircastle Limited (NYSE:AYR) for 19,204 shares. Moreover, Raffles Associate Limited Partnership has 0.28% invested in Aircastle Limited (NYSE:AYR) for 13,900 shares. Eventide Asset Management Limited Liability Company accumulated 0.51% or 428,600 shares. The New York-based Engineers Gate Manager Lp has invested 0.06% in Aircastle Limited (NYSE:AYR). Alpine Prns Vi Limited Liability Com accumulated 13,526 shares or 0.12% of the stock. Credit Suisse Ag reported 94,662 shares or 0% of all its holdings. Wealthtrust, a Alabama-based fund reported 25 shares. Rhumbline Advisers has 84,270 shares for 0% of their US portfolio. Walleye Trading Lc accumulated 2,609 shares or 0% of the stock. Envestnet Asset Management, a Illinois-based fund reported 58,949 shares. Nordea Invest Mgmt Ab last reported 31,169 shares in the company. Invesco Ltd has invested 0% of its portfolio in Aircastle Limited (NYSE:AYR).

Insider Transactions: Since August 23, 2016, the stock had 0 buys, and 4 selling transactions for $1.34 million net activity. Schreiner Joseph sold 4,998 shares worth $108,806. INGLESE MICHAEL sold $1.06M worth of Aircastle Limited (NYSE:AYR) on Thursday, November 10.

Aircastle Limited (NYSE:AYR) Ratings Coverage

Out of 12 analysts covering Aircastle (NYSE:AYR), 4 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 33% are positive. Aircastle has been the topic of 22 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Friday, February 12 with “Buy”. The stock of Aircastle Limited (NYSE:AYR) has “Underweight” rating given on Friday, April 15 by Barclays Capital. On Tuesday, March 15 the stock rating was maintained by Citigroup with “Buy”. FBR Capital upgraded Aircastle Limited (NYSE:AYR) rating on Friday, February 12. FBR Capital has “Outperform” rating and $20 price target. RBC Capital Markets maintained the shares of AYR in a report on Wednesday, November 4 with “Sector Perform” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, March 14. DA Davidson upgraded Aircastle Limited (NYSE:AYR) on Friday, February 12 to “Buy” rating. On Wednesday, November 4 the stock rating was maintained by Cowen & Co with “Outperform”. FBR Capital maintained it with “Mkt Perform” rating and $22 target price in Friday, December 4 report. The stock has “Hold” rating given by Deutsche Bank on Thursday, May 5.

AYR Company Profile

Aircastle Limited, incorporated on October 29, 2004, is a holding company. The Company, through its subsidiaries, is engaged in investing in aviation assets, including acquiring, leasing, managing and selling high-utility commercial jet aircraft. The Firm operates through leasing, financing, selling and managing commercial flight equipment segment. The Company’s aircraft portfolio consists of approximately 160 aircraft leased to over 50 lessees located in approximately 30 countries.

More notable recent Aircastle Limited (NYSE:AYR) news were published by: Nasdaq.com which released: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for November 25, 2016” on November 24, 2016, also Moodys.com with their article: “Moody’s upgrades Aircastle’s senior unsecured rating to Ba1” published on March 16, 2016, Prnewswire.com published: “Aircastle Closes Inaugural Asian Revolving Credit Facility” on November 21, 2016. More interesting news about Aircastle Limited (NYSE:AYR) were released by: Prnewswire.com and their article: “Aircastle to Announce Third Quarter 2016 Earnings on November 1, 2016” published on October 18, 2016 as well as Marketwatch.com‘s news article titled: “Aircastle Ltd.” with publication date: February 24, 2011.

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By Nellie Frank


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