Shorts On Watch: Deltic Timber Corporation (NYSE:DEL) Has Increase in Shorts

December 1, 2016 - By Marguerite Chambers   ·   0 Comments

Shorts On Watch: Deltic Timber Corporation (NYSE:DEL) Has Increase in Shorts

The stock of Deltic Timber Corporation (NYSE:DEL) registered an increase of 7.05% in short interest. DEL’s total short interest was 449,700 shares in December as published by FINRA. Its up 7.05% from 420,100 shares, reported previously. With 31,600 shares average volume, it will take short sellers 14 days to cover their DEL’s short positions. The short interest to Deltic Timber Corporation’s float is 4.76%. The stock closed at $69.71 during the last session. It is down 12.45% since April 28, 2016 and is uptrending. It has outperformed by 6.53% the S&P500.

Deltic Timber Corporation is a vertically integrated natural resources company. The company has a market cap of $880.45 million. The Firm is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard . It has a 142.34 P/E ratio. It operates through four divisions: Woodlands, which manages all aspects of its timberlands, including harvesting and sale of timber, timberland sales and acquisitions, gas and oil revenues, timberland management and leasing of hunting land; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s approximately four real estate developments and a related country club operation, and Corporate, which consists of executive management and the staff functions.

Insitutional Activity: The institutional sentiment increased to 0.9 in 2016 Q2. Its up 0.03, from 0.87 in 2016Q1. The ratio is positive, as 4 funds sold all Deltic Timber Corp shares owned while 35 reduced positions. 6 funds bought stakes while 28 increased positions. They now own 9.92 million shares or 1.87% less from 10.11 million shares in 2016Q1.
Wells Fargo And Mn holds 104,444 shares or 0% of its portfolio. The Texas-based King Luther Cap Mgmt Corp has invested 0.01% in Deltic Timber Corp (NYSE:DEL). First Manhattan owns 216 shares or 0% of their US portfolio. Ftb Advsr accumulated 87 shares or 0% of the stock. Blackrock Investment Management Ltd Limited Liability Company holds 45,657 shares or 0% of its portfolio. Manufacturers Life Insur The holds 0% or 7,452 shares in its portfolio. Comerica National Bank holds 0.01% of its portfolio in Deltic Timber Corp (NYSE:DEL) for 10,669 shares. Signature Fincl Mgmt Inc last reported 1.6% of its portfolio in the stock. Swiss Bancorporation accumulated 0% or 17,600 shares. Schwab Charles Investment Mgmt owns 36,511 shares or 0% of their US portfolio. Louisiana State Employees Retirement System accumulated 0.02% or 4,700 shares. Invesco Limited reported 60,710 shares or 0% of all its holdings. Goldman Sachs Grp accumulated 11,573 shares or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Deltic Timber Corp (NYSE:DEL). California Employees Retirement Sys holds 0% or 7,300 shares in its portfolio.

Insider Transactions: Since August 1, 2016, the stock had 2 insider purchases, and 7 sales for $1.30 million net activity. 1,199 shares were sold by Walker Byrom, worth $84,639 on Tuesday, August 2. The insider MURPHY ROBERT MADISON bought 4,389 shares worth $198,996. Another trade for 7,516 shares valued at $525,970 was made by STREETER KENT L on Friday, September 16. DILLON RAY C also sold $778,330 worth of Deltic Timber Corp (NYSE:DEL) shares. The insider ROACH J THURSTON sold $70,000. MANN KENNETH DEWAYNE sold 3,323 shares worth $234,272. The insider NOLAN ROBERT CALVERT bought $284,005.

DEL Company Profile

Deltic Timber Corporation, incorporated on September 4, 1996, is a vertically integrated natural resources company. The Firm is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four divisions: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s approximately four real estate developments and a related country club operation, and Corporate. It is also engaged in real estate development in central Arkansas.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marguerite Chambers


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>