Short Interest Runner: What’s Ahead for Seacor Holdings Incorporated (NYSE:CKH) After More Shorted Shares?

November 29, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Runner: What’s Ahead for Seacor Holdings Incorporated (NYSE:CKH) After More Shorted Shares?

The stock of Seacor Holdings Incorporated (NYSE:CKH) registered an increase of 10.9% in short interest. CKH’s total short interest was 2.33 million shares in November as published by FINRA. Its up 10.9% from 2.10M shares, reported previously. With 137,300 shares average volume, it will take short sellers 17 days to cover their CKH’s short positions. The short interest to Seacor Holdings Incorporated’s float is 17.21%. About 34,873 shares traded hands. Seacor Holdings, Inc. (NYSE:CKH) has risen 3.56% since April 26, 2016 and is uptrending. It has underperformed by 1.70% the S&P500.

SEACOR Holdings Inc. is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore gas and oil, shipping and logistics industries. The company has a market cap of $997.00 million. The Company’s divisions include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. It currently has negative earnings. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore gas and oil exploration, development and production facilities around the world.

Insitutional Activity: The institutional sentiment increased to 0.78 in Q2 2016. Its up 0.11, from 0.67 in 2016Q1. The ratio increased, as 33 funds sold all Seacor Holdings, Inc. shares owned while 40 reduced positions. 15 funds bought stakes while 34 increased positions. They now own 40.46 million shares or 12.72% more from 35.90 million shares in 2016Q1.
Mizuho Banking Com Ltd accumulated 0.01% or 29,527 shares. Hightower Advisors Limited Liability Corporation accumulated 0.02% or 28,226 shares. Ls Investment Advsrs Ltd Liability Company last reported 0% of its portfolio in the stock. Checchi Capital Advisers Limited Liability Co, a California-based fund reported 265 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Seacor Holdings, Inc. (NYSE:CKH). Point72 Asset Lp last reported 45,000 shares in the company. Shufro Rose Commerce Ltd Com holds 24,300 shares or 0.16% of its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has 3,609 shares for 0% of their US portfolio. Blackrock Advsrs Ltd holds 7,895 shares or 0% of its portfolio. Rhumbline Advisers has 0.01% invested in the company for 29,380 shares. Gabelli Funds Limited Liability Corporation holds 13,000 shares or 0% of its portfolio. Louisiana State Employees Retirement System has 7,100 shares for 0.02% of their US portfolio. Geode Capital Management reported 113,817 shares or 0% of all its holdings. The California-based Huber Mgmt Lc has invested 0.04% in Seacor Holdings, Inc. (NYSE:CKH). Barrow Hanley Mewhinney Strauss Lc reported 16,244 shares or 0% of all its holdings.

Insider Transactions: Since June 3, 2016, the stock had 0 insider purchases, and 5 sales for $433,134 net activity. Cenac Matthew had sold 1,575 shares worth $88,675. Fabrikant Eric also sold $9,405 worth of Seacor Holdings, Inc. (NYSE:CKH) shares. Another trade for 1,304 shares valued at $77,523 was sold by Weins Bruce.

CKH Company Profile

SEACOR Holdings Inc., incorporated on November 7, 1989, is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore gas and oil, shipping and logistics industries. The Company’s divisions include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore gas and oil exploration, development and production facilities around the world. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products. Shipping Services segment operates a fleet of United States flag marine transportation related assets. Illinois Corn Processing segment produces alcohol used in the food, beverage, industrial and petrochemical end-markets. The Firm also offers emergency and crisis services, lending and leasing activities, and noncontrolling investments in various other businesses.

Another recent and important Seacor Holdings, Inc. (NYSE:CKH) news was published by Marketwatch.com which published an article titled: “Seacor Holdings started at buy with $70 stock price target at Stifel Nicolaus” on December 21, 2009.

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By Nellie Frank


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