Today Barnwell Industries (NYSEMKT:BRN) Reported Decrease in Shorted Shares

September 17, 2017 - By Kurt Siggers

 Today Barnwell Industries (NYSEMKT:BRN) Reported Decrease in Shorted Shares

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.33, from 1 in 2016Q3. It fall, as 1 investors sold Barnwell Industries, Inc. shares while 2 reduced holdings. 0 funds opened positions while 2 raised stakes. 786,360 shares or 0.67% less from 791,638 shares in 2016Q3 were reported.
Acadian Asset Mngmt Ltd Liability Corp holds 0% or 2,267 shares. Earnest Llc invested 0% of its portfolio in Barnwell Industries, Inc. (NYSEMKT:BRN). Blackrock Limited Co invested in 4,904 shares or 0% of the stock. Bancshares Of New York Mellon Corp holds 10,483 shares or 0% of its portfolio. Moreover, Manufacturers Life Com The has 0% invested in Barnwell Industries, Inc. (NYSEMKT:BRN). Renaissance Ltd has invested 0% of its portfolio in Barnwell Industries, Inc. (NYSEMKT:BRN). Blackrock Institutional Co Na accumulated 0% or 83,953 shares. Morgan Stanley reported 432 shares. Blackrock Fund Advsr reported 747 shares stake. Geode Llc stated it has 0% in Barnwell Industries, Inc. (NYSEMKT:BRN). Vanguard Inc has 0% invested in Barnwell Industries, Inc. (NYSEMKT:BRN) for 48,034 shares. Dimensional Fund Advsr Ltd Partnership invested in 465,089 shares or 0% of the stock. Lsv Asset Mgmt holds 37,754 shares. Northern Tru has invested 0% of its portfolio in Barnwell Industries, Inc. (NYSEMKT:BRN). 25,200 are owned by California Employees Retirement Systems.

Since May 24, 2017, it had 1 insider purchase, and 0 sales for $1,900 activity.

The stock of Barnwell Industries (NYSEMKT:BRN) registered a decrease of 37.21% in short interest. BRN’s total short interest was 5,400 shares in September as published by FINRA. Its down 37.21% from 8,600 shares, reported previously. With 16,000 shares average volume, it will take short sellers 0 days to cover their BRN’s short positions. The short interest to Barnwell Industries’s float is 0.15%.

The stock decreased 3.74% or $0.07 on September 15, reaching $1.8. About 6,544 shares traded. Barnwell Industries, Inc. (NYSEMKT:BRN) has risen 19.25% since September 17, 2016 and is uptrending. It has outperformed by 2.55% the S&P500.

Barnwell Industries, Inc. is engaged in various lines of business, such as acquiring, developing, producing and selling oil and natural gas in Canada; investing in land interests in Hawaii; drilling wells, and installing and repairing water pumping systems in Hawaii, and developing homes for sale in Hawaii. The company has market cap of $14.90 million. The Company’s divisions include Oil and Natural Gas Segment; Land Investment Segment; Contract Drilling Segment, and Residential Real Estate Segment. It currently has negative earnings. The Company’s investments in oil and natural gas properties are located in Canada, principally in the province of Alberta, with other non-producing holdings in the provinces of Saskatchewan and British Columbia.

More notable recent Barnwell Industries, Inc. (NYSEMKT:BRN) news were published by: Globenewswire.com which released: “Barnwell Industries, Inc. Reports Change in Chief Executive Officer” on December 13, 2016, also Seekingalpha.com with their article: “Barnwell Industries: A Case Of Hawaii Five-0 On Sale For 3.5” published on December 23, 2014, Globenewswire.com published: “Barnwell Industries, Inc. Reports Receipt of Percentage Payment” on December 28, 2016. More interesting news about Barnwell Industries, Inc. (NYSEMKT:BRN) were released by: Globenewswire.com and their article: “Barnwell Industries, Inc. Reports Receipt of Distributions” published on January 06, 2017 as well as Globenewswire.com‘s news article titled: “Barnwell Industries, Inc. Reports Earnings for the First Quarter Ended …” with publication date: February 09, 2017.

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