Today Baldwin & Lyons Class B (NASDAQ:BWINB) Reported Increase in Shorted Shares

September 17, 2017 - By Dolores Ford

 Today Baldwin & Lyons Class B (NASDAQ:BWINB) Reported Increase in Shorted Shares

Investors sentiment decreased to 1.76 in Q4 2016. Its down 1.44, from 3.2 in 2016Q3. It turned negative, as 1 investors sold Baldwin & Lyons Inc shares while 24 reduced holdings. 14 funds opened positions while 30 raised stakes. 7.15 million shares or 46.72% less from 13.42 million shares in 2016Q3 were reported.
47,053 are held by Morgan Dempsey Cap Mngmt Llc. Intrepid, Florida-based fund reported 280,677 shares. Dimensional Fund Advsrs Lp owns 1.06 million shares or 0.01% of their US portfolio. Citigroup holds 11,368 shares or 0% of its portfolio. Millennium Mngmt Ltd Co reported 57,427 shares. Public Employees Retirement Association Of Colorado owns 13,700 shares. Blackrock Advsr Ltd Liability Corp, a Delaware-based fund reported 7,299 shares. First Manhattan Co reported 0.04% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB). Invesco has 0% invested in Baldwin & Lyons Inc (NASDAQ:BWINB). Legal General Gru Public Limited Liability accumulated 2,402 shares. 112,025 are held by Sei. Credit Suisse Ag has 0% invested in Baldwin & Lyons Inc (NASDAQ:BWINB) for 13,793 shares. Royal Natl Bank Of Canada invested in 0% or 17,909 shares. Blackrock Grp Limited reported 0% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB). Menta Ltd Liability holds 26,863 shares.

The stock of Baldwin & Lyons Class B (NASDAQ:BWINB) registered an increase of 23.75% in short interest. BWINB’s total short interest was 86,500 shares in September as published by FINRA. Its up 23.75% from 69,900 shares, reported previously. With 24,000 shares average volume, it will take short sellers 4 days to cover their BWINB’s short positions. The short interest to Baldwin & Lyons Class B’s float is 0.83%.

The stock decreased 0.66% or $0.15 on September 15, reaching $22.5. About 58,901 shares traded or 73.28% up from the average. Baldwin & Lyons Inc (NASDAQ:BWINB) has declined 3.36% since September 17, 2016 and is downtrending. It has underperformed by 20.06% the S&P500.

Baldwin & Lyons, Inc. is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. The company has market cap of $342.16 million. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies. It has a 104.69 P/E ratio. The Company’s divisions include property and casualty insurance, and reinsurance.

More notable recent Baldwin & Lyons Inc (NASDAQ:BWINB) news were published by: Seekingalpha.com which released: “Baldwin & Lyons’ (BWINB) CEO Randy Birchfield on Q2 2017 Results – Earnings …” on August 11, 2017, also Seekingalpha.com with their article: “Baldwin & Lyons’ (BWINB) CEO Randall Birchfield on Q4 2016 Results – Earnings …” published on February 16, 2017, Globenewswire.com published: “Baldwin & Lyons, Inc., Announces Appointment of LoriAnn Lowery-Biggers to …” on September 14, 2017. More interesting news about Baldwin & Lyons Inc (NASDAQ:BWINB) were released by: Nasdaq.com and their article: “Baldwin & Lyons, Inc. (BWINB) Ex-Dividend Date Scheduled for August 18, 2017” published on August 17, 2017 as well as Seekingalpha.com‘s news article titled: “Baldwin & Lyons’ (BWINB) CEO Randall Birchfield on Q1 2017 Results – Earnings …” with publication date: May 13, 2017.

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