After Reaching Milestone, Is Calatlantic Group Incorporated (NYSE:CAA)’s Short Interest Revealing Something?

September 17, 2017 - By Adrian Erickson

 After Reaching Milestone, Is Calatlantic Group Incorporated (NYSE:CAA)’s Short Interest Revealing Something?

The stock of Calatlantic Group Incorporated (NYSE:CAA) registered a decrease of 0.96% in short interest. CAA’s total short interest was 8.97M shares in September as published by FINRA. Its down 0.96% from 9.06 million shares, reported previously. With 918,300 shares average volume, it will take short sellers 10 days to cover their CAA’s short positions.

The stock decreased 0.82% or $0.29 on September 15, reaching $34.95. About 1.61M shares traded or 91.91% up from the average. CalAtlantic Group Inc (NYSE:CAA) has risen 9.92% since September 17, 2016 and is uptrending. It has underperformed by 6.78% the S&P500.

CalAtlantic Group, Inc. is a diversified builder of single-family attached and detached homes. The company has market cap of $3.85 billion. The Firm operates through two divisions: homebuilding and financial services. It has a 9.72 P/E ratio. The homebuilding segment activities include acquiring and developing land, and constructing and selling single-family attached and detached homes.

CalAtlantic Group Inc (NYSE:CAA) Ratings Coverage

Among 12 analysts covering CalAtlantic Group (NYSE:CAA), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. CalAtlantic Group had 19 analyst reports since October 6, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Friday, June 23 by Credit Suisse. UBS maintained the stock with “Neutral” rating in Friday, July 29 report. The company was maintained on Monday, February 22 by M Partners. As per Monday, October 19, the company rating was upgraded by Compass Point. The firm earned “Outperform” rating on Monday, May 1 by RBC Capital Markets. Credit Suisse maintained the shares of CAA in report on Monday, February 8 with “Outperform” rating. The rating was upgraded by Raymond James to “Outperform” on Friday, May 13. Credit Suisse maintained the shares of CAA in report on Tuesday, October 6 with “Neutral” rating. FBR Capital maintained CalAtlantic Group Inc (NYSE:CAA) on Monday, February 22 with “Mkt Perform” rating. On Wednesday, January 20 the stock rating was upgraded by Barclays Capital to “Overweight”.

Another recent and important CalAtlantic Group Inc (NYSE:CAA) news was published by Nasdaq.com which published an article titled: “CalAtlantic Group, Inc. (CAA) Ex-Dividend Date Scheduled for September 14, 2017” on September 13, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.