A Reversal for Arts Way Mfg Company (NASDAQ:ARTW) Is Not Near. The Stock Has Rise in Shorts

September 23, 2017 - By Michael Collier

 A Reversal for Arts Way Mfg Company (NASDAQ:ARTW) Is Not Near. The Stock Has Rise in Shorts

Investors sentiment decreased to 0.67 in Q2 2017. Its down 0.33, from 1 in 2017Q1. It turned negative, as 0 investors sold Arts-Way Manufacturing Co. Inc. shares while 3 reduced holdings. 1 funds opened positions while 1 raised stakes. 92,407 shares or 7.20% less from 99,576 shares in 2017Q1 were reported.
Morgan Stanley has invested 0% in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW). Asset Advisors Corp reported 0.01% of its portfolio in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW). Moreover, Tower Research Ltd Com (Trc) has 0% invested in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) for 39 shares. Blackrock reported 304 shares. Ontario – Canada-based Manufacturers Life Insurance Company The has invested 0% in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW). Grt Prtn Ltd Com reported 0.04% stake. Bancorporation Of Mellon Corporation has 14,517 shares for 0% of their portfolio. Shufro Rose & Co Limited Co has 17,775 shares for 0.01% of their portfolio. Moreover, Wells Fargo & Mn has 0% invested in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW). 14,465 are owned by Vanguard Grp. Renaissance Technologies Ltd Liability owns 11,000 shares or 0% of their US portfolio.

The stock of Arts Way Mfg Company (NASDAQ:ARTW) registered an increase of 165.52% in short interest. ARTW’s total short interest was 7,700 shares in September as published by FINRA. Its up 165.52% from 2,900 shares, reported previously. With 5,200 shares average volume, it will take short sellers 2 days to cover their ARTW’s short positions. The short interest to Arts Way Mfg Company’s float is 0.37%.

It closed at $2.55 lastly. It is down 5.35% since September 23, 2016 and is uptrending. It has underperformed by 11.35% the S&P500.

Art’s-Way Manufacturing Co., Inc. is engaged in the fabrication and sale of specialized farm machinery in the agricultural sector of the United States. The company has market cap of $10.62 million. The Firm makes agricultural equipment, specialized modular science buildings, pressurized steel vessels and steel cutting tools. It currently has negative earnings. The Firm operates through four divisions: Agricultural Products, Pressurized Vessels, Modular Buildings and Tools.

More notable recent Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) news were published by: Prnewswire.com which released: “Art’s Way Manufacturing Announces Chairman Succession Plan” on March 02, 2015, also Seekingalpha.com with their article: “Art’s-Way Manufacturing: Potential Turnaround Already Priced In, Debt Issues …” published on June 20, 2017, Seekingalpha.com published: “Art’s-Way Manufacturing’s (ARTW) CEO Carrie Gunnerson on Q2 2017 Results …” on July 14, 2017. More interesting news about Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) were released by: Prnewswire.com and their article: “Art’s Way Vessels Announces That The Popular Portable Exchange DI Tanks Are …” published on May 07, 2015 as well as Marketwatch.com‘s news article titled: “2.70” with publication date: November 06, 2009.

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