What’s in Aerocentury Corporation (NYSEMKT:ACY) After Decline in Shorted Shares?

June 20, 2017 - By Peter Erickson

 What’s in Aerocentury Corporation (NYSEMKT:ACY) After Decline in Shorted Shares?

Investors sentiment increased to 2 in Q4 2016. Its up 1.50, from 0.5 in 2016Q3. It improved, as 1 investors sold AeroCentury Corp. shares while 1 reduced holdings. 1 funds opened positions while 3 raised stakes. 217,623 shares or 7.13% more from 203,135 shares in 2016Q3 were reported.
Tower Rech Limited Liability Company (Trc) accumulated 221 shares. Renaissance Ltd Company owns 16,700 shares. Illinois-based Perritt Cap Mngmt has invested 0.08% in AeroCentury Corp. (NYSEMKT:ACY). Moreover, Leisure Capital Management has 0.46% invested in AeroCentury Corp. (NYSEMKT:ACY) for 54,597 shares. California-based Blackrock Fund Advsr has invested 0% in AeroCentury Corp. (NYSEMKT:ACY). Manufacturers Life Ins The, Ontario – Canada-based fund reported 57 shares. Bridgeway Cap Mgmt owns 21,000 shares for 0% of their portfolio. Dimensional Fund Advsrs L P owns 75,714 shares. Federated Invsts Pa stated it has 189 shares or 0% of all its holdings. Moreover, Grt Prns Limited Liability Company has 0.04% invested in AeroCentury Corp. (NYSEMKT:ACY).

The stock of Aerocentury Corporation (NYSEMKT:ACY) registered a decrease of 33.33% in short interest. ACY’s total short interest was 1,800 shares in June as published by FINRA. Its down 33.33% from 2,700 shares, reported previously. With 3,100 shares average volume, it will take short sellers 1 days to cover their ACY’s short positions. The short interest to Aerocentury Corporation’s float is 0.15%.

About shares traded. AeroCentury Corp. (NYSEMKT:ACY) has declined 23.55% since June 20, 2016 and is downtrending. It has underperformed by 40.25% the S&P500.

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The company has market cap of $19.01 million. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. It has a 14.07 P/E ratio. The business of the Company is managed by JetFleet Management Corp. , an integrated aircraft management, marketing and financing business.

More notable recent AeroCentury Corp. (NYSEMKT:ACY) news were published by: Seekingalpha.com which released: “AeroCentury Corporation: Activism Unlikely To Succeed But Still Compelling” on August 29, 2016, also Prnewswire.com with their article: “ISS Recommends that AeroCentury Corp. Stockholders’ Vote For Lee Beaumont’s …” published on April 29, 2015, Globenewswire.com published: “Karen Rogge Joins AeroCentury Corp. Board of Directors” on June 05, 2017. More interesting news about AeroCentury Corp. (NYSEMKT:ACY) were released by: Seekingalpha.com and their article: “Brookhurst Capital’s Letter To AeroCentury Corp. BoD” published on June 15, 2016 as well as Globenewswire.com‘s news article titled: “AeroCentury Corp. Completes $37 Million Aircraft Purchase” with publication date: September 21, 2016.

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