AMP LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:AMLTF) Reports Increase in Sellers; Strong Momentum for Short Players

June 18, 2018 - By Migdalia James

AMP Limited (OTCMKTS:AMLTF) Logo

The stock of AMP LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:AMLTF) registered an increase of 16.94% in short interest. AMLTF’s total short interest was 1.58M shares in June as published by FINRA. Its up 16.94% from 1.35M shares, reported previously. With 400 shares average volume, it will take short sellers 3955 days to cover their AMLTF’s short positions. The short interest to AMP LTD ORDINARY SHARES AUSTRALIA’s float is 0.06%.

It closed at $2.9229 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

AMP Limited operates as an independent wealth management firm primarily in Australia and New Zealand. The company has market cap of $8.04 billion. The firm operates through Australian Wealth Management, AMP Capital, Australian Wealth Protection, AMP Bank, New Zealand Financial Services, and Australian Mature divisions. It has a 13.47 P/E ratio. It provides financial advice, superannuation, retirement income, and other investment products for retail customers; superannuation services for businesses; income protection, disability and life insurance, and selected banking products; administration, banking, and investment services for self-managed superannuation funds; and residential mortgages, deposits, transaction banking, and self-managed superannuation fund products.

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