Will Alpine Global Premier Properties (NYSE:AWP) Run Out of Steam Soon? Short Interest Is Down

June 20, 2017 - By Adrian Erickson

 Will Alpine Global Premier Properties (NYSE:AWP) Run Out of Steam Soon? Short Interest Is Down

Investors sentiment increased to 1.69 in Q4 2016. Its up 0.26, from 1.43 in 2016Q3. It increased, as 10 investors sold Alpine Global Premier Properties Fund shares while 16 reduced holdings. 20 funds opened positions while 24 raised stakes. 18.19 million shares or 14.59% more from 15.87 million shares in 2016Q3 were reported.
Morgan Stanley stated it has 2.60 million shares. Cambridge Invest Rech Advisors holds 76,383 shares. Hilltop Holding owns 44,835 shares or 0.07% of their US portfolio. Stratos Wealth Partners Ltd has invested 0.01% in Alpine Global Premier Properties Fund (NYSE:AWP). Michigan-based Robinson Cap Management Lc has invested 0.64% in Alpine Global Premier Properties Fund (NYSE:AWP). Barclays Public Limited Co stated it has 2,086 shares or 0% of all its holdings. Janney Montgomery Scott Ltd holds 0.01% or 66,975 shares. Next Financial Grp reported 782 shares. Wolverine Asset Lc has invested 0.03% in Alpine Global Premier Properties Fund (NYSE:AWP). Athena Capital Advsr Limited accumulated 32,872 shares. Moreover, Sentinel Tru Lba has 0.3% invested in Alpine Global Premier Properties Fund (NYSE:AWP). 26,666 are held by Usca Ria. Independent Portfolio Consultants reported 655 shares. Susquehanna Gp Ltd Liability Partnership invested 0% in Alpine Global Premier Properties Fund (NYSE:AWP). Northwestern Mutual Wealth Mgmt stated it has 0% in Alpine Global Premier Properties Fund (NYSE:AWP).

The stock of Alpine Global Premier Properties (NYSE:AWP) registered a decrease of 37.3% in short interest. AWP’s total short interest was 217,700 shares in June as published by FINRA. Its down 37.3% from 347,200 shares, reported previously. With 452,800 shares average volume, it will take short sellers 1 days to cover their AWP’s short positions.

About 39,909 shares traded. Alpine Global Premier Properties Fund (NYSE:AWP) has risen 12.41% since June 20, 2016 and is uptrending. It has underperformed by 4.29% the S&P500.

Alpine Global Premier Properties Fund is a diversified, closed-end management investment company. The company has market cap of $539.01 million. The Fund’s primary investment objective is capital appreciation. It currently has negative earnings. The Fund’s secondary investment objective is high current income.

More notable recent Alpine Global Premier Properties Fund (NYSE:AWP) news were published by: Nasdaq.com which released: “Alpine Global Premier Properties Fund (AWP) Ex-Dividend Date Scheduled for …” on April 18, 2017, also Nasdaq.com with their article: “Alpine Global Premier Properties Fund (AWP) Ex-Dividend Date Scheduled for May …” published on May 18, 2017, Nasdaq.com published: “ALPINE TOTAL DYNAMIC DIVIDEND FUND (NYSE: AOD), ALPINE GLOBAL DYNAMIC DIVIDEND …” on May 22, 2017. More interesting news about Alpine Global Premier Properties Fund (NYSE:AWP) were released by: Seekingalpha.com and their article: “Alpine Global Premier Properties Fund: Too Diversified For Its Own Good?” published on February 04, 2016 as well as Marketwatch.com‘s news article titled: “6.24” with publication date: February 12, 2011.

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