What’s Mid America Apartment Communitie (NYSE:MAA) Upside After This Short Interest Increase?

February 15, 2018 - By Marry Poplack

 What's Mid America Apartment Communitie (NYSE:MAA) Upside After This Short Interest Increase?

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.01, from 1.07 in 2017Q2. It turned negative, as 33 investors sold Mid-America Apartment Communities, Inc. shares while 130 reduced holdings. 35 funds opened positions while 138 raised stakes. 103.54 million shares or 0.77% more from 102.75 million shares in 2017Q2 were reported.
Private Advisor Grp Lc holds 0.01% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA) for 2,260 shares. Public Employees Retirement Of Ohio holds 273,589 shares. Gemmer Asset Management Limited invested in 213 shares or 0.01% of the stock. The California-based Wetherby Asset Management has invested 0.03% in Mid-America Apartment Communities, Inc. (NYSE:MAA). Bnp Paribas Asset Mngmt Sa holds 98,913 shares or 0.09% of its portfolio. State Of Alaska Department Of Revenue has 82,654 shares. United Capital Fincl Advisers Ltd Liability has 4,373 shares for 0% of their portfolio. Bb&T Secs Limited Company owns 2,007 shares for 0% of their portfolio. Keybank Natl Association Oh holds 0% or 4,270 shares in its portfolio. Bokf Na holds 0.03% of its portfolio in Mid-America Apartment Communities, Inc. (NYSE:MAA) for 10,836 shares. State Of New Jersey Common Pension Fund D holds 0.05% or 127,350 shares. Fic Capital reported 33,786 shares. Sumitomo Mitsui Tru Inc stated it has 402,110 shares or 0.06% of all its holdings. Cwm Ltd reported 134 shares. Axa has 123,416 shares for 0.06% of their portfolio.

Since September 6, 2017, it had 0 insider buys, and 1 sale for $730,768 activity.

The stock of Mid America Apartment Communitie (NYSE:MAA) registered an increase of 13.71% in short interest. MAA’s total short interest was 2.40 million shares in February as published by FINRA. Its up 13.71% from 2.11M shares, reported previously. With 664,300 shares average volume, it will take short sellers 4 days to cover their MAA’s short positions. The short interest to Mid America Apartment Communitie’s float is 2.13%.

The stock increased 0.61% or $0.54 during the last trading session, reaching $88.39. About 197,013 shares traded. Mid-America Apartment Communities, Inc. (NYSE:MAA) has risen 0.92% since February 15, 2017 and is uptrending. It has underperformed by 15.78% the S&P500.

Mid-America Apartment Communities, Inc. is an independent real estate investment trust. The company has market cap of $10.41 billion. The firm invests in the real estate markets of the United States. It has a 30.91 P/E ratio. It is engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities.

Mid-America Apartment Communities, Inc. (NYSE:MAA) Ratings Coverage

Among 19 analysts covering Mid-America Apartment Communities (NYSE:MAA), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Mid-America Apartment Communities had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) earned “Buy” rating by SunTrust on Monday, January 22. BMO Capital Markets maintained Mid-America Apartment Communities, Inc. (NYSE:MAA) on Monday, September 4 with “Buy” rating. The stock has “Hold” rating by Mizuho on Monday, November 6. The rating was downgraded by SunTrust to “Neutral” on Friday, January 22. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) has “Hold” rating given on Friday, February 9 by Mizuho. The stock has “Neutral” rating by BTIG Research on Thursday, August 25. UBS upgraded the stock to “Buy” rating in Tuesday, March 14 report. RBC Capital Markets maintained Mid-America Apartment Communities, Inc. (NYSE:MAA) rating on Friday, October 20. RBC Capital Markets has “Buy” rating and $112.0 target. Suntrust Robinson downgraded the shares of MAA in report on Friday, January 22 to “Neutral” rating. The company was initiated on Friday, September 18 by DA Davidson.

More notable recent Mid-America Apartment Communities, Inc. (NYSE:MAA) news were published by: Nasdaq.com which released: “What to Expect From Mid-America Apartment (MAA) Q4 Earnings?” on January 29, 2018, also Nasdaq.com with their article: “Mid-America Apartment (MAA) Q4 FFO Beats, Revenues Up Y/Y” published on February 01, 2018, Seekingalpha.com published: “Mid-America Apartment Communities’ (MAA) CEO Eric Bolton on Q4 2017 Results …” on February 02, 2018. More interesting news about Mid-America Apartment Communities, Inc. (NYSE:MAA) were released by: Forbes.com and their article: “Top Buys by Directors: Sanders’s $700.8K Bet on Mid-America Apartment Communities” published on November 14, 2017 as well as Nasdaq.com‘s news article titled: “The Zacks Analyst Blog Highlights: AvalonBay Communities, Simon Property Group …” with publication date: January 31, 2018.

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