Platinum Eagle Acquisition Corp. Units (EAGLU) At $10.12 Forms Top; South Jersey Industries (SJI) Shorts Lowered By 2.49%

June 23, 2018 - By Jerrie Dane

South Jersey Industries Inc (NYSE:SJI) had a decrease of 2.49% in short interest. SJI’s SI was 4.98 million shares in June as released by FINRA. Its down 2.49% from 5.11M shares previously. With 673,500 avg volume, 7 days are for South Jersey Industries Inc (NYSE:SJI)’s short sellers to cover SJI’s short positions. The SI to South Jersey Industries Inc’s float is 6.33%. The stock increased 0.03% or $0.01 during the last trading session, reaching $33.13. About 2.57M shares traded or 145.61% up from the average. South Jersey Industries, Inc. (NYSE:SJI) has declined 8.59% since June 23, 2017 and is downtrending. It has underperformed by 21.16% the S&P500. Some Historical SJI News: 18/04/2018 – SOUTH JERSEY INDUSTRIES OFFERINGS PRICES AT $29.50/SHR; 07/05/2018 – SOUTH JERSEY INDUSTRIES REAFFIRMS ’18 ECONOMIC EARNINGS VIEW; 17/04/2018 – SOUTH JERSEY INDUSTRIES INC SJI.N – COMPANY EXPECTS TO ENTER INTO A FORWARD SALE AGREEMENT WITH AN AFFILIATE OF BOFA MERRILL LYNCH; 20/04/2018 – DJ South Jersey Industries Inc, Inst Holders, 1Q 2018 (SJI); 10/04/2018 SOUTH JERSEY INDUSTRIES INC SJI.N : JP MORGAN RAISES TARGET PRICE TO $30 FROM $29; 14/05/2018 – REG-South Jersey Industries Declares Quarterly Dividend; 17/04/2018 – SOUTH JERSEY INDUSTRIES TO OFFER UP TO $325M OF SHRS; 07/05/2018 – South Jersey Industries Backs FY18 Economic EPS $1.57-$1.65; 18/04/2018 – South Jersey Industries Volume Surges Almost 13 Times Average; 07/05/2018 – SOUTH JERSEY INDUSTRIES 1Q ECONOMIC EPS $1.26, EST. 93C

Platinum Eagle Acquisition Corp. Units (EAGLU) formed multiple top with $10.53 target or 4.00% above today’s $10.12 share price. Platinum Eagle Acquisition Corp. Units (EAGLU) has $ valuation. The stock increased 0.40% or $0.0404 during the last trading session, reaching $10.1204. About 3,020 shares traded. Platinum Eagle Acquisition Corp. Units (NASDAQ:EAGLU) has 0.00% since June 23, 2017 and is . It has underperformed by 12.57% the S&P500.

Investors sentiment decreased to 1.23 in 2018 Q1. Its down 0.22, from 1.45 in 2017Q4. It dived, as 25 investors sold South Jersey Industries, Inc. shares while 48 reduced holdings. 21 funds opened positions while 69 raised stakes. 58.61 million shares or 6.09% more from 55.25 million shares in 2017Q4 were reported. Stevens Capital Mgmt Lp, Pennsylvania-based fund reported 8,535 shares. Zeke Capital Advsrs Ltd Llc invested 0.02% in South Jersey Industries, Inc. (NYSE:SJI). Proshare Advsrs Ltd Company reported 0.05% in South Jersey Industries, Inc. (NYSE:SJI). California Pub Employees Retirement, a California-based fund reported 120,351 shares. Northern Trust stated it has 978,307 shares or 0.01% of all its holdings. Jpmorgan Chase And reported 0% of its portfolio in South Jersey Industries, Inc. (NYSE:SJI). Quantbot Techs L P invested in 0.03% or 12,991 shares. Duncker Streett Communications has 0.01% invested in South Jersey Industries, Inc. (NYSE:SJI) for 1,020 shares. Wells Fargo And Mn has invested 0.02% in South Jersey Industries, Inc. (NYSE:SJI). Rhumbline Advisers stated it has 199,206 shares or 0.01% of all its holdings. Moreover, State Board Of Administration Of Florida Retirement System has 0% invested in South Jersey Industries, Inc. (NYSE:SJI) for 41,903 shares. Bluemountain Cap Mgmt Limited Liability Company holds 21,547 shares or 0.01% of its portfolio. State Of Tennessee Treasury Department holds 57,577 shares or 0.01% of its portfolio. Roffman Miller Associate Pa reported 564,652 shares. Cordasco Fin invested 0.42% of its portfolio in South Jersey Industries, Inc. (NYSE:SJI).

Among 7 analysts covering South Jersey Industries (NYSE:SJI), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. South Jersey Industries had 28 analyst reports since August 10, 2015 according to SRatingsIntel. JP Morgan maintained South Jersey Industries, Inc. (NYSE:SJI) rating on Thursday, January 25. JP Morgan has “Neutral” rating and $31 target. Hilliard Lyons upgraded the stock to “Buy” rating in Thursday, August 31 report. The rating was upgraded by Hilliard Lyons on Wednesday, December 9 to “Neutral”. The rating was maintained by Guggenheim on Tuesday, January 2 with “Hold”. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 10. The stock of South Jersey Industries, Inc. (NYSE:SJI) has “Equal-Weight” rating given on Tuesday, February 13 by Morgan Stanley. The firm earned “Hold” rating on Monday, January 8 by Sidoti. The stock has “Underperform” rating by Hilliard Lyons on Monday, August 10. JP Morgan maintained the shares of SJI in report on Tuesday, April 10 with “Neutral” rating. On Tuesday, June 28 the stock rating was downgraded by Janney Capital to “Neutral”.

South Jersey Industries, Inc. (NYSE:SJI) Institutional Positions Chart