Altaba Inc. (AABA) Forms $76.82 Double Top; Archer-daniels-midland Company (ADM) Shorts Down By 15.07%

May 17, 2018 - By Martha Paddon

Archer-Daniels-Midland Company (NYSE:ADM) Logo

Archer-daniels-midland Company (NYSE:ADM) had a decrease of 15.07% in short interest. ADM’s SI was 9.02 million shares in May as released by FINRA. Its down 15.07% from 10.62 million shares previously. With 4.06M avg volume, 2 days are for Archer-daniels-midland Company (NYSE:ADM)’s short sellers to cover ADM’s short positions. The SI to Archer-daniels-midland Company’s float is 1.65%. The stock increased 1.42% or $0.63 during the last trading session, reaching $45.15. About 803,264 shares traded. Archer-Daniels-Midland Company (NYSE:ADM) has declined 5.47% since May 17, 2017 and is downtrending. It has underperformed by 17.02% the S&P500.

Altaba Inc. (AABA) formed double top with $79.89 target or 4.00% above today’s $76.82 share price. Altaba Inc. (AABA) has $62.22B valuation. The stock decreased 0.26% or $0.2 during the last trading session, reaching $76.82. About 414,142 shares traded. Altaba Inc. (NASDAQ:AABA) has risen 57.39% since May 17, 2017 and is uptrending. It has outperformed by 45.84% the S&P500.

Among 17 analysts covering Archer Daniels Midland Company (NYSE:ADM), 7 have Buy rating, 2 Sell and 8 Hold. Therefore 41% are positive. Archer Daniels Midland Company had 56 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, April 6 by Credit Suisse. The rating was maintained by BMO Capital Markets with “Hold” on Friday, September 15. The rating was upgraded by Standpoint Research to “Buy” on Thursday, January 7. Argus Research downgraded the shares of ADM in report on Friday, February 12 to “Hold” rating. The rating was initiated by Piper Jaffray with “Neutral” on Thursday, December 15. The stock of Archer-Daniels-Midland Company (NYSE:ADM) has “Buy” rating given on Friday, March 16 by Robert W. Baird. Goldman Sachs upgraded Archer-Daniels-Midland Company (NYSE:ADM) on Monday, March 12 to “Buy” rating. The rating was maintained by Piper Jaffray with “Hold” on Friday, August 25. Robert W. Baird maintained Archer-Daniels-Midland Company (NYSE:ADM) on Wednesday, February 7 with “Buy” rating. On Thursday, April 28 the stock rating was downgraded by Standpoint Research to “Hold”.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.21, from 1.21 in 2017Q3. It worsened, as 53 investors sold Archer-Daniels-Midland Company shares while 201 reduced holdings. 75 funds opened positions while 180 raised stakes. 419.48 million shares or 0.49% more from 417.42 million shares in 2017Q3 were reported. Federated Invsts Pa reported 0.02% in Archer-Daniels-Midland Company (NYSE:ADM). Johnson Inc, a Wisconsin-based fund reported 86,192 shares. National Pension Ser holds 0.11% or 561,916 shares in its portfolio. Tarbox Family Office Incorporated reported 1,583 shares or 0.02% of all its holdings. Ar Asset Management has invested 0.16% in Archer-Daniels-Midland Company (NYSE:ADM). Lsv Asset Mgmt reported 5.59M shares. Qci Asset Management Ny owns 1,075 shares. Srb Corp invested in 0.03% or 4,880 shares. 19,772 were accumulated by Meiji Yasuda Asset Company. Raymond James And Associates holds 0.03% in Archer-Daniels-Midland Company (NYSE:ADM) or 435,301 shares. 86,398 are owned by Metropolitan Life Insur Ny. Warren Averett Asset Lc holds 0.01% or 1,292 shares. Rfg Advisory Ltd Llc, a Alabama-based fund reported 6,261 shares. Azimuth Capital Mgmt owns 5,597 shares. Goldman Sachs Grp stated it has 0.06% in Archer-Daniels-Midland Company (NYSE:ADM).

Since March 12, 2018, it had 0 insider buys, and 2 sales for $952,039 activity. $17,749 worth of Archer-Daniels-Midland Company (NYSE:ADM) shares were sold by Cuddy Christopher M. D AMBROSE MICHAEL sold 20,762 shares worth $934,290.

Archer-Daniels-Midland Company (NYSE:ADM) Institutional Positions Chart