What Next for Apollo Commercial Real Estate Finance Inc (NYSE:ARI) Stock After Increase in Shorted Shares?

June 17, 2018 - By Michael Collier

Investors sentiment increased to 1.59 in 2018 Q1. Its up 0.21, from 1.38 in 2017Q4. It is positive, as 15 investors sold Apollo Commercial Real Estate Finance, Inc. shares while 51 reduced holdings. 31 funds opened positions while 74 raised stakes. 77.15 million shares or 8.36% more from 71.19 million shares in 2017Q4 were reported.
Neuberger Berman Group Incorporated Llc stated it has 0% of its portfolio in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 5,696 shares in its portfolio. Schwab Charles Investment reported 517,929 shares. Blackrock reported 0.01% stake. Apollo Mgmt Holdg Lp holds 2.24 million shares. Numerixs Investment Techs owns 21,800 shares. Shell Asset Mgmt reported 45,427 shares. Two Sigma Secs Ltd Liability Co reported 32,876 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 35,533 shares. Zacks Inv Management, a Illinois-based fund reported 130,308 shares. Security Natl Company owns 0.05% invested in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) for 8,400 shares. Wyoming-based Cypress Cap Mgmt Ltd Liability (Wy) has invested 1.18% in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). 9,273 are owned by Pnc Fincl Grp Inc. Principal Grp Inc Incorporated has invested 0.02% in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). United Services Automobile Association reported 77,355 shares.

The stock of Apollo Commercial Real Estate Finance Inc (NYSE:ARI) registered an increase of 7.13% in short interest. ARI’s total short interest was 9.85 million shares in June as published by FINRA. Its up 7.13% from 9.19M shares, reported previously. With 1.07M shares average volume, it will take short sellers 9 days to cover their ARI’s short positions. The short interest to Apollo Commercial Real Estate Finance Inc’s float is 9.91%.

The stock decreased 0.11% or $0.02 during the last trading session, reaching $18.78. About 1.69M shares traded or 24.39% up from the average. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) has declined 1.95% since June 17, 2017 and is downtrending. It has underperformed by 14.52% the S&P500.

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust that primarily originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States. The company has market cap of $2.31 billion. The firm is qualified as a REIT under the Internal Revenue Code. It has a 12.44 P/E ratio. As a REIT, it would not be subject to federal income taxes, if it distributes at least 90% of its REIT taxable income to its stockholders.

Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Ratings Coverage

Among 2 analysts covering Apollo Real Estate (NYSE:ARI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Apollo Real Estate had 2 analyst reports since March 6, 2018 according to SRatingsIntel.

More recent Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Apollo Commercial Real Estate Finance, Drive Shack, GlycoMimetics, Dycom …” on May 22, 2018. Also Businesswire.com published the news titled: “Apollo Commercial Real Estate Finance, Inc. to Present at Keefe, Bruyette & Woods Mortgage Finance and Asset …” on May 23, 2018. Gurufocus.com‘s news article titled: “Low PE Stocks: Amerco, Valero Energy” with publication date: June 16, 2018 was also an interesting one.

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