After Reaching Milestone, Is AMP LTD (OTCMKTS:AMLTF)’s Short Interest Revealing Something?

January 11, 2018 - By Marguerite Chambers

The stock of AMP LTD (OTCMKTS:AMLTF) registered an increase of 0.96% in short interest. AMLTF’s total short interest was 2.05 million shares in January as published by FINRA. Its up 0.96% from 2.03M shares, reported previously. With 700 shares average volume, it will take short sellers 2923 days to cover their AMLTF’s short positions.

It closed at $3.97 lastly. It is down 0.00% since January 11, 2017 and is . It has underperformed by 16.70% the S&P500.

AMP Limited operates as an independent wealth management firm primarily in Australia and New Zealand. The company has market cap of $11.94 billion. The firm operates through Australian Wealth Management, AMP Capital, Australian Wealth Protection, AMP Bank, New Zealand Financial Services, and Australian Mature divisions. It currently has negative earnings. 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.

More important recent AMP Limited (OTCMKTS:AMLTF) news were published by: Fool.com.Au which released: “Why 10% of my portfolio is made up of Challenger Ltd shares” on January 11, 2018, also Bloomberg.com published article titled: “EU May Allow UK Banks Limited Post-Brexit Access, Barnier Says”, Fool.com.Au published: “5 stocks I’m bearish on in 2018” on January 10, 2018. More interesting news about AMP Limited (OTCMKTS:AMLTF) was released by: Fool.com.Au and their article: “Can AMP Limited finally deliver superior returns?” with publication date: January 07, 2018.

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