Manchester United Limited (NYSE:MANU) Stock Is Shorted More

February 15, 2018 - By Linda Rogers

 Manchester United Limited (NYSE:MANU) Stock Is Shorted More

Investors sentiment decreased to 1.25 in Q3 2017. Its down 0.13, from 1.38 in 2017Q2. It dropped, as 6 investors sold Manchester United plc shares while 10 reduced holdings. 8 funds opened positions while 12 raised stakes. 33.50 million shares or 17.03% more from 28.62 million shares in 2017Q2 were reported.
Thompson Davis And Company holds 0.04% of its portfolio in Manchester United plc (NYSE:MANU) for 1,299 shares. Blackrock Incorporated reported 137,531 shares. Alliancebernstein L P owns 328,360 shares or 0% of their US portfolio. Citigroup has 0% invested in Manchester United plc (NYSE:MANU) for 626 shares. Morgan Stanley holds 0% of its portfolio in Manchester United plc (NYSE:MANU) for 195,952 shares. Pnc Fin Serv owns 100 shares. Barclays Public Limited Com, United Kingdom-based fund reported 5,764 shares. Jpmorgan Chase Commerce invested in 8,527 shares or 0% of the stock. 51,010 were accumulated by Kj Harrison And Ptnrs. California Public Employees Retirement invested in 0% or 40,300 shares. Lomas Cap Mgmt Ltd Company has 534,836 shares for 1.93% of their portfolio. Symmetry Peak Mgmt Ltd Co holds 0.04% or 17,500 shares. Assetmark owns 4 shares or 0% of their US portfolio. D E Shaw And, New York-based fund reported 215,254 shares. National Bank Of America Corp De has invested 0% in Manchester United plc (NYSE:MANU).

The stock of Manchester United Limited (NYSE:MANU) registered an increase of 1.93% in short interest. MANU’s total short interest was 317,100 shares in February as published by FINRA. Its up 1.93% from 311,100 shares, reported previously. With 109,500 shares average volume, it will take short sellers 3 days to cover their MANU’s short positions. The short interest to Manchester United Limited’s float is 0.99%.

The stock decreased 0.76% or $0.15 during the last trading session, reaching $19.5. About 7,777 shares traded. Manchester United plc (NYSE:MANU) has risen 0.85% since February 15, 2017 and is uptrending. It has underperformed by 15.85% the S&P500.

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. The company has market cap of $3.20 billion. The firm operates Manchester United Football Club, a professional football club. It currently has negative earnings. It develops marketing and sponsorship relationships with regional and international companies to leverage its brand.

Manchester United plc (NYSE:MANU) Ratings Coverage

Among 5 analysts covering Manchester United Ltd. (NYSE:MANU), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Manchester United Ltd. had 14 analyst reports since September 18, 2015 according to SRatingsIntel. The stock of Manchester United plc (NYSE:MANU) has “Outperform” rating given on Tuesday, March 15 by Credit Suisse. The firm has “Buy” rating by Jefferies given on Monday, August 14. The stock of Manchester United plc (NYSE:MANU) earned “Buy” rating by Jefferies on Monday, June 5. The rating was maintained by Jefferies with “Buy” on Monday, September 18. Jefferies maintained the stock with “Buy” rating in Friday, September 22 report. Jefferies maintained the shares of MANU in report on Friday, September 18 with “Buy” rating. Gabelli initiated it with “Buy” rating and $23.40 target in Monday, October 17 report. The company was maintained on Thursday, November 16 by Jefferies. The rating was maintained by Jefferies on Tuesday, August 16 with “Buy”.

More notable recent Manchester United plc (NYSE:MANU) news were published by: Theguardian.com which released: “Manchester United to pay Glazer family £18.3m dividend this year” on May 16, 2017, also Businesswire.com with their article: “Manchester United plc 2018 First Quarter Results” published on November 16, 2017, Bloomberg.com published: “Man United’s Europa Win Sends Ajax Stock Down Most in a Year” on May 24, 2017. More interesting news about Manchester United plc (NYSE:MANU) were released by: Businesswire.com and their article: “Manchester United plc 2017 Fourth Quarter and Full Year Results” published on September 21, 2017 as well as Businesswire.com‘s news article titled: “Manchester United plc 2017 Third Quarter Results” with publication date: May 16, 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.