Today Nicholas Financial Incorporated (NASDAQ:NICK) Reported Increase in Shorted Shares

July 18, 2017 - By reb123z

 Today Nicholas Financial Incorporated (NASDAQ:NICK) Reported Increase in Shorted Shares

Investors sentiment decreased to 0.87 in Q4 2016. Its down 0.22, from 1.09 in 2016Q3. It worsened, as 4 investors sold Nicholas Financial, Inc. shares while 11 reduced holdings. 3 funds opened positions while 10 raised stakes. 3.00 million shares or 20.89% more from 2.48 million shares in 2016Q3 were reported.
Tcw Gp reported 611,560 shares. Moreover, Oxford Asset Mgmt has 0.01% invested in Nicholas Financial, Inc. (NASDAQ:NICK). Deutsche Bancorporation Ag invested in 0% or 6,354 shares. Blackrock Investment Management Lc has invested 0% in Nicholas Financial, Inc. (NASDAQ:NICK). Highlander Cap Mngmt Ltd Com has 20,690 shares for 0.21% of their portfolio. California-based Blackrock Institutional Trust Na has invested 0% in Nicholas Financial, Inc. (NASDAQ:NICK). Dimensional Fund Lp reported 0% in Nicholas Financial, Inc. (NASDAQ:NICK). Fmr Ltd Limited Liability Company holds 0% in Nicholas Financial, Inc. (NASDAQ:NICK) or 319,428 shares. Numeric Investors Ltd stated it has 16,903 shares. Blackrock Fund Advisors reported 0% in Nicholas Financial, Inc. (NASDAQ:NICK). Mufg Americas Holdg Corporation reported 0% in Nicholas Financial, Inc. (NASDAQ:NICK). Royal State Bank Of Canada has 72,067 shares. Bancorporation Of New York Mellon owns 10,557 shares for 0% of their portfolio. Css Limited Liability Corporation Il accumulated 12,961 shares. Millennium Limited Liability Corp owns 0% invested in Nicholas Financial, Inc. (NASDAQ:NICK) for 10,229 shares.

Since January 20, 2017, it had 10 insider buys, and 0 insider sales for $2.52 million activity. MAGNOLIA CAPITAL FUND – LP bought $430,404 worth of Nicholas Financial, Inc. (NASDAQ:NICK) on Monday, March 13.

The stock of Nicholas Financial Incorporated (NASDAQ:NICK) registered an increase of 28.3% in short interest. NICK’s total short interest was 109,700 shares in July as published by FINRA. Its up 28.3% from 85,500 shares, reported previously. With 11,100 shares average volume, it will take short sellers 10 days to cover their NICK’s short positions. The short interest to Nicholas Financial Incorporated’s float is 1.91%.

The stock decreased 4.18% or $0.39 on July 17, reaching $8.95. About shares traded. Nicholas Financial, Inc. (NASDAQ:NICK) has declined 21.19% since July 18, 2016 and is downtrending. It has underperformed by 37.89% the S&P500.

Nicholas Financial, Inc. is a holding company. The company has market cap of $113.58 million. The Company’s business activities are conducted through its subsidiary, Nicholas Financial, Inc. (Nicholas Financial). It has a 12.95 P/E ratio. Nicholas Financial is a specialized consumer finance firm engaged primarily in acquiring and servicing automobile finance installment contracts (Contracts) for purchases of new and used automobiles and light trucks.

More recent Nicholas Financial, Inc. (NASDAQ:NICK) news were published by: Reuters.com which released: “BRIEF-Nicholas Financial Inc quarterly revenue $22.9 million” on May 17, 2017. Also Globenewswire.com published the news titled: “Nicholas Financial Reports 3rd Quarter Results” on February 02, 2017. Nasdaq.com‘s news article titled: “Nicholas Financial Inc (NICK) Files 10-K for the Fiscal Year Ended on March 31 …” with publication date: June 14, 2017 was also an interesting one.

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