Short Interest Worth Mentioning Today: Could Crescent Point Energy Corporation (NYSE:CPG) Go Down After Its Newest Short Interest Report?

November 30, 2016 - By Darrin Black   ·   0 Comments

Short Interest Worth Mentioning Today: Could Crescent Point Energy Corporation (NYSE:CPG) Go Down After Its Newest Short Interest Report?

The stock of Crescent Point Energy Corporation (NYSE:CPG) registered a decrease of 1.52% in short interest. CPG’s total short interest was 4.62 million shares in November as published by FINRA. Its down 1.52% from 4.69 million shares, reported previously. With 739,900 shares average volume, it will take short sellers 6 days to cover their CPG’s short positions. The short interest to Crescent Point Energy Corporation’s float is 0.92%. About 450 shares traded hands. Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) has declined 35.04% since April 27, 2016 and is downtrending. It has underperformed by 40.26% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.53 in Q2 2016. Its up 0.23, from 1.3 in 2016Q1. The ratio improved, as 17 funds sold all Crescent Point Energy Corporation Ordinary Shares (Canada) shares owned while 52 reduced positions. 30 funds bought stakes while 60 increased positions. They now own 183.37 million shares or 3.62% less from 190.26 million shares in 2016Q1.
Springbok Cap Management Limited Liability Company last reported 1,976 shares in the company. Joel Isaacson Co Limited Com has invested 0% of its portfolio in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG). Highbridge Capital Mgmt Ltd Liability last reported 14,000 shares in the company. Sprott Incorporated, a Ontario – Canada-based fund reported 455,140 shares. The Connecticut-based Paloma Prtnrs Mngmt has invested 0.01% in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG). Da Davidson And Co holds 4,200 shares or 0% of its portfolio. Virginia Retirement System Et Al accumulated 184,673 shares or 0.04% of the stock. Kj Harrison Ptnrs Incorporated, a Ontario – Canada-based fund reported 233,439 shares. Obermeyer Wood Invest Counsel Lllp accumulated 47,850 shares or 0.08% of the stock. Moreover, Penbrook Mngmt Limited Company has 0.39% invested in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) for 22,440 shares. Cidel Asset Mngmt Inc last reported 2.76% of its portfolio in the stock. Ww Asset Mgmt holds 0.02% or 31,362 shares in its portfolio. Mackenzie Fincl Corp reported 7.07M shares or 0.63% of all its holdings. Gru One Trading Lp holds 0% of its portfolio in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) for 128 shares. Commercial Bank Of Montreal Can holds 0.25% of its portfolio in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) for 13.63 million shares.

Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) Ratings Coverage

Out of 4 analysts covering Crescent Point Energy (NYSE:CPG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Crescent Point Energy has been the topic of 7 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Barclays Capital downgraded Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) rating on Wednesday, July 22. Barclays Capital has “Equal Weight” rating and $23 price target. Dundee Securities upgraded Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) on Friday, November 11 to “Buy” rating. The company was downgraded on Friday, September 9 by Dundee Securities. The firm has “Overweight” rating by Barclays Capital given on Friday, July 22. Barclays Capital upgraded the shares of CPG in a report on Thursday, October 29 to “Overweight” rating. The stock of Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) earned “Buy” rating by UBS on Friday, August 14.

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By Darrin Black


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