What’s Mdc Holdings Incorporated (NYSE:MDC) Upside After This Short Interest Increase?

February 15, 2018 - By Winifred Garcia

 What's Mdc Holdings Incorporated (NYSE:MDC) Upside After This Short Interest Increase?

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.24, from 1.48 in 2017Q2. It worsened, as 25 investors sold M.D.C. Holdings, Inc. shares while 60 reduced holdings. 39 funds opened positions while 66 raised stakes. 40.90 million shares or 2.78% less from 42.07 million shares in 2017Q2 were reported.
Illinois-based Lsv Asset Mngmt has invested 0.01% in M.D.C. Holdings, Inc. (NYSE:MDC). Dreman Value Mngmt L L C reported 1,432 shares or 0.03% of all its holdings. The Georgia-based Voya Inv Mngmt Lc has invested 0.01% in M.D.C. Holdings, Inc. (NYSE:MDC). State Teachers Retirement has 0.01% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 106,839 shares. Dimensional Fund Limited Partnership has invested 0.06% in M.D.C. Holdings, Inc. (NYSE:MDC). Aqr Capital Mngmt Ltd Liability owns 70,979 shares or 0% of their US portfolio. Ahl Ptnrs Ltd Liability Partnership holds 125,216 shares. Principal Grp Inc accumulated 0.02% or 492,443 shares. Prudential Finance Inc stated it has 0.03% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC). Geode Mngmt Lc reported 0.01% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC). Chicago Equity Prtnrs Limited Liability Company accumulated 54,255 shares or 0.06% of the stock. 23,767 are held by Bnp Paribas Arbitrage. Sg Americas Securities Limited Liability Corporation holds 0.01% or 27,197 shares in its portfolio. State Of Alaska Department Of Revenue invested in 8,168 shares. 46,803 are held by First Trust Limited Partnership.

Since December 15, 2017, it had 0 insider purchases, and 1 sale for $893,592 activity.

The stock of Mdc Holdings Incorporated (NYSE:MDC) registered an increase of 3.21% in short interest. MDC’s total short interest was 1.98 million shares in February as published by FINRA. Its up 3.21% from 1.92M shares, reported previously. With 405,200 shares average volume, it will take short sellers 5 days to cover their MDC’s short positions. The short interest to Mdc Holdings Incorporated’s float is 5.44%.

The stock decreased 0.69% or $0.21 during the last trading session, reaching $30.06. About 444,669 shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 65.26% since February 15, 2017 and is uptrending. It has outperformed by 48.56% the S&P500.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial service businesses in the United States. The company has market cap of $1.69 billion. The Company’s homebuilding activities include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. It has a 12.12 P/E ratio. The firm conducts its homebuilding activities in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey.

M.D.C. Holdings, Inc. (NYSE:MDC) Ratings Coverage

Among 10 analysts covering MDC Holdings (NYSE:MDC), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. MDC Holdings had 28 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “” rating by KeyBanc Capital Markets given on Thursday, August 6. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, October 31. The firm earned “Neutral” rating on Wednesday, May 10 by Citigroup. As per Friday, November 3, the company rating was maintained by Citigroup. The firm earned “Underperform” rating on Tuesday, May 16 by Wells Fargo. On Wednesday, August 30 the stock rating was upgraded by Wells Fargo to “Hold”. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Overweight” rating given on Tuesday, October 13 by Barclays Capital. FBN Securities downgraded M.D.C. Holdings, Inc. (NYSE:MDC) on Friday, March 17 to “Sector Perform” rating. Deutsche Bank maintained the shares of MDC in report on Thursday, August 3 with “Hold” rating. The firm has “Buy” rating given on Monday, May 16 by Deutsche Bank.

More recent M.D.C. Holdings, Inc. (NYSE:MDC) news were published by: Prnewswire.com which released: “MDC Holdings Announces 2017 Fourth Quarter And Full Year Results” on February 01, 2018. Also Prnewswire.com published the news titled: “New Richmond American Community In Davenport” on February 05, 2018. Prnewswire.com‘s news article titled: “RV And Boat Garages Now Available At Richmond American Community In St. Augustine” with publication date: January 30, 2018 was also an interesting one.

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