Cal-maine Foods Incorporated (NASDAQ:CALM) Shorts Decreased by 3.68% After Short Covering

September 17, 2017 - By Darrin Black

 Cal maine Foods Incorporated (NASDAQ:CALM) Shorts Decreased by 3.68% After Short Covering

Investors sentiment decreased to 0.66 in Q4 2016. Its down 0.08, from 0.74 in 2016Q3. It is negative, as 42 investors sold Cal-Maine Foods Inc shares while 89 reduced holdings. 37 funds opened positions while 50 raised stakes. 28.03 million shares or 0.50% more from 27.89 million shares in 2016Q3 were reported.
Symons Cap Mngmt owns 17,889 shares. Glenmede Co Na invested in 0% or 414 shares. Creative Planning reported 2,193 shares stake. The Delaware-based Riverhead Management Limited Liability has invested 0% in Cal-Maine Foods Inc (NASDAQ:CALM). 77,322 were reported by Deutsche Fincl Bank Ag. State Street holds 0% of its portfolio in Cal-Maine Foods Inc (NASDAQ:CALM) for 701,279 shares. Raymond James & holds 0.01% or 75,549 shares. Rhumbline Advisers accumulated 0.01% or 45,959 shares. Thrivent Finance For Lutherans accumulated 16,000 shares or 0% of the stock. Royal National Bank & Trust Of Canada holds 65,181 shares. Patten Group holds 200 shares or 0% of its portfolio. Gemmer Asset Management Lc, California-based fund reported 35 shares. Naples Glob Advisors Limited Liability, a Florida-based fund reported 23,830 shares. Axa owns 4,960 shares for 0% of their portfolio. 9,234 are held by Sei Investments Co.

The stock of Cal-maine Foods Incorporated (NASDAQ:CALM) registered a decrease of 3.68% in short interest. CALM’s total short interest was 6.71 million shares in September as published by FINRA. Its down 3.68% from 6.96 million shares, reported previously. With 304,400 shares average volume, it will take short sellers 22 days to cover their CALM’s short positions. The short interest to Cal-maine Foods Incorporated’s float is 22.87%.

The stock increased 3.68% or $1.4 on September 15, reaching $39.4. About 523,158 shares traded or 76.89% up from the average. Cal-Maine Foods Inc (NASDAQ:CALM) has declined 14.94% since September 17, 2016 and is downtrending. It has underperformed by 31.64% the S&P500.

Cal-Maine Foods, Inc. is a producer and marketer of shell eggs in the United States. The company has market cap of $1.91 billion. The Firm operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It currently has negative earnings. It offers shell eggs, including specialty and non-specialty eggs.

Cal-Maine Foods Inc (NASDAQ:CALM) Ratings Coverage

Among 3 analysts covering Cal-Maine Foods (NASDAQ:CALM), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Cal-Maine Foods had 9 analyst reports since August 31, 2015 according to SRatingsIntel. The rating was downgraded by BB&T Capital on Monday, October 5 to “Hold”. As per Thursday, November 10, the company rating was initiated by Goldman Sachs. BB&T Capital upgraded Cal-Maine Foods Inc (NASDAQ:CALM) on Thursday, June 16 to “Hold” rating. The stock of Cal-Maine Foods Inc (NASDAQ:CALM) has “Buy” rating given on Wednesday, December 2 by DA Davidson. The firm earned “Buy” rating on Monday, August 31 by BB&T Capital. Zacks downgraded the stock to “Buy” rating in Tuesday, September 1 report. The company was downgraded on Monday, May 9 by DA Davidson. The firm has “Sell” rating by Goldman Sachs given on Friday, June 16. The firm has “Neutral” rating given on Tuesday, March 29 by DA Davidson.

More notable recent Cal-Maine Foods Inc (NASDAQ:CALM) news were published by: Fool.com which released: “What to Expect When Cal-Maine Foods Reports Earnings” on July 01, 2017, also Seekingalpha.com with their article: “Cal-Maine Foods: At A Nice Entry Point” published on April 04, 2017, Seekingalpha.com published: “Cal-Maine’s Tricky Stock Price Patterns” on August 07, 2017. More interesting news about Cal-Maine Foods Inc (NASDAQ:CALM) were released by: Seekingalpha.com and their article: “Deep Value With Cal-Maine Foods” published on May 08, 2017 as well as Marketwatch.com‘s news article titled: “Cal-Maine Foods earnings miss expectations” with publication date: July 24, 2017.

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