Mbia Incorporated (NYSE:MBI) Could Improve Your Long Portfolio After Less Shorts Reported

February 15, 2018 - By Ivan Hodges

 Mbia Incorporated (NYSE:MBI) Could Improve Your Long Portfolio After Less Shorts Reported

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.32, from 0.71 in 2017Q2. It is positive, as 27 investors sold MBIA Inc. shares while 47 reduced holdings. 34 funds opened positions while 42 raised stakes. 110.22 million shares or 0.95% more from 109.19 million shares in 2017Q2 were reported.
Teacher Retirement Of Texas holds 10,193 shares. Engineers Gate Manager Lp owns 237,872 shares or 0.17% of their US portfolio. Fincl Bank Of Montreal Can invested in 0% or 1,335 shares. 96,271 were reported by Manufacturers Life Insur The. Great West Life Assurance Can reported 0% in MBIA Inc. (NYSE:MBI). Natixis owns 15,478 shares. Sei Investments Com has 1,312 shares. Kbc Gru Nv has 0% invested in MBIA Inc. (NYSE:MBI) for 5,015 shares. Blackrock Inc invested in 0% or 8.73M shares. Virginia Retirement Et Al invested in 16,700 shares. Alliancebernstein Lp has invested 0% in MBIA Inc. (NYSE:MBI). Rbf Capital Limited Liability Corp has invested 0.05% of its portfolio in MBIA Inc. (NYSE:MBI). Amalgamated State Bank has invested 0% in MBIA Inc. (NYSE:MBI). 102,482 were reported by Ubs Asset Management Americas Inc. Acr Alpine Ltd Com accumulated 0.02% or 51,600 shares.

Since December 19, 2017, it had 1 insider buy, and 0 insider sales for $362,500 activity.

The stock of Mbia Incorporated (NYSE:MBI) registered a decrease of 6.28% in short interest. MBI’s total short interest was 39.81M shares in February as published by FINRA. Its down 6.28% from 42.48 million shares, reported previously. With 2.28M shares average volume, it will take short sellers 17 days to cover their MBI’s short positions.

The stock decreased 0.42% or $0.035 during the last trading session, reaching $8.375. About 1.60M shares traded. MBIA Inc. (NYSE:MBI) has risen 13.35% since February 15, 2017 and is uptrending. It has underperformed by 3.35% the S&P500.

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States and internationally. The company has market cap of $768.64 million. It operates through U.S. It currently has negative earnings. Public Finance Insurance, and International and Structured Finance Insurance divisions.

MBIA Inc. (NYSE:MBI) Ratings Coverage

Among 5 analysts covering MBIA Inc (NYSE:MBI), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. MBIA Inc had 10 analyst reports since August 7, 2015 according to SRatingsIntel. M Partners maintained MBIA Inc. (NYSE:MBI) on Thursday, June 16 with “Buy” rating. The company was initiated on Monday, February 5 by Keefe Bruyette & Woods. The rating was maintained by BTIG Research on Wednesday, November 8 with “Buy”. On Tuesday, November 3 the stock rating was upgraded by M Partners to “Buy”. Wood initiated it with “Market Perform” rating and $8.50 target in Monday, April 25 report. The firm has “Buy” rating by BTIG Research given on Wednesday, July 12. TheStreet downgraded MBIA Inc. (NYSE:MBI) on Friday, August 7 to “Sell” rating. The firm earned “Buy” rating on Friday, May 26 by BTIG Research.

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