Is Buying Moodys Corporation (NYSE:MCO), Having Higher Short Interest a Winning Strategy?

February 15, 2018 - By Adrian Mccoy

 Is Buying Moodys Corporation (NYSE:MCO), Having Higher Short Interest a Winning Strategy?

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.03, from 0.98 in 2017Q2. It is positive, as 18 investors sold Moody's Corporation shares while 182 reduced holdings. 65 funds opened positions while 137 raised stakes. 158.15 million shares or 1.61% less from 160.75 million shares in 2017Q2 were reported.
Qs Invsts Limited Liability Com has invested 0% of its portfolio in Moody's Corporation (NYSE:MCO). Jarislowsky Fraser Ltd has invested 0% in Moody's Corporation (NYSE:MCO). Invesco has invested 0.05% in Moody's Corporation (NYSE:MCO). Acadian Asset Mngmt Lc reported 48,627 shares stake. Retail Bank Of Montreal Can reported 0.08% stake. East Coast Asset Management Lc accumulated 5.39% or 147,808 shares. National Bank invested 0% of its portfolio in Moody's Corporation (NYSE:MCO). State Of Wisconsin Investment Board has 153,535 shares for 0.06% of their portfolio. Eaton Vance Management accumulated 0.09% or 261,228 shares. Asset Management One holds 0.09% or 283,489 shares. Pnc Inc reported 0.04% stake. M&T Fincl Bank Corp accumulated 0.02% or 30,368 shares. Thrivent Fincl For Lutherans holds 6,590 shares. Apg Asset Management Nv holds 0.43% of its portfolio in Moody's Corporation (NYSE:MCO) for 1.86M shares. Canada Pension Plan Board reported 0% of its portfolio in Moody's Corporation (NYSE:MCO).

Since September 7, 2017, it had 0 insider buys, and 4 sales for $16.24 million activity. Shares for $69,205 were sold by Duffie Darrell on Friday, September 29. Another trade for 45,216 shares valued at $6.07M was sold by MCDANIEL RAYMOND W. Fauber Robert also sold $808 worth of Moody's Corporation (NYSE:MCO) shares.

The stock of Moodys Corporation (NYSE:MCO) registered an increase of 7.87% in short interest. MCO’s total short interest was 2.54M shares in February as published by FINRA. Its up 7.87% from 2.35 million shares, reported previously. With 785,700 shares average volume, it will take short sellers 3 days to cover their MCO’s short positions. The short interest to Moodys Corporation’s float is 1.54%.

The stock increased 1.38% or $2.26 during the last trading session, reaching $165.81. About 529,562 shares traded. Moody's Corporation (NYSE:MCO) has risen 23.29% since February 15, 2017 and is uptrending. It has outperformed by 6.59% the S&P500.

MoodyÂ’s Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. The company has market cap of $31.69 billion. It operates through two divisions, MoodyÂ’s Investors Service and MoodyÂ’s Analytics. It has a 59.09 P/E ratio. The MoodyÂ’s Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations comprising various corporate and governmental obligations, structured finance securities, and commercial paper programs.

Moody's Corporation (NYSE:MCO) Ratings Coverage

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s had 50 analyst reports since October 5, 2015 according to SRatingsIntel. On Tuesday, August 23 the stock rating was maintained by Barclays Capital with “Overweight”. Cantor Fitzgerald initiated Moody's Corporation (NYSE:MCO) on Tuesday, November 10 with “Hold” rating. The stock of Moody's Corporation (NYSE:MCO) earned “Neutral” rating by Credit Suisse on Monday, February 12. Piper Jaffray maintained Moody's Corporation (NYSE:MCO) on Friday, February 9 with “Hold” rating. The stock has “Neutral” rating by Atlantic Securities on Wednesday, October 14. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, November 6 report. The stock has “Hold” rating by Piper Jaffray on Tuesday, January 23. The rating was upgraded by UBS on Tuesday, November 17 to “Buy”. On Monday, February 12 the stock rating was maintained by Wells Fargo with “Hold”. The stock of Moody's Corporation (NYSE:MCO) earned “Mkt Perform” rating by FBR Capital on Monday, November 2.

More notable recent Moody's Corporation (NYSE:MCO) news were published by: Streetinsider.com which released: “Moody’s Corp. (MCO) CFO Linda S. Huber to Depart” on January 29, 2018, also Valuewalk.com with their article: “Moody’s Corporation (MCO) Fundamental Valuation Report” published on February 13, 2018, Investorplace.com published: “Moody’s Corporation Stock Pops on Earnings Beat” on February 09, 2018. More interesting news about Moody's Corporation (NYSE:MCO) were released by: Businesswire.com and their article: “Moody’s Corporation Reports Results for Fourth Quarter and Full Year 2017 …” published on February 09, 2018 as well as Nasdaq.com‘s news article titled: “Moody’s Corporation (MCO) Ex-Dividend Date Scheduled for February 16, 2018” with publication date: February 15, 2018.

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