The stock of Aac Holdings Incorporated (NYSE:AAC) registered an increase of 3.55% in short interest. AAC’s total short interest was 4.90 million shares in September as published by FINRA. Its up 3.55% from 4.73 million shares, reported previously. With 213,500 shares average volume, it will take short sellers 23 days to cover their AAC’s short positions. The short interest to Aac Holdings Incorporated’s float is 55.11%. About 8,855 shares traded hands. AAC Holdings Inc (NYSE:AAC) has declined 3.11% since February 8, 2016 and is downtrending. It has underperformed by 19.60% the S&P500.
AAC Holdings, Inc. is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The company has a market cap of $432.55 million. The Firm operates through substance abuse/behavioral healthcare treatment services segment. It has a 93 P/E ratio. The Firm operates approximately nine residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across approximately 900 beds, which includes approximately 480 licensed detoxification beds.
The institutional sentiment increased to 2.04 in Q2 2016. Its up 0.20, from 1.84 in 2016Q1. The ratio improved, as 12 funds sold all AAC Holdings Inc shares owned while 11 reduced positions. 13 funds bought stakes while 34 increased positions. They now own 11.87 million shares or 2.63% more from 11.56 million shares in 2016Q1.
Pembroke Management Ltd holds 2.39% of its portfolio in AAC Holdings Inc for 1.15 million shares. Deerfield Management Co owns 2.15 million shares or 1.93% of their US portfolio. Moreover, Millrace Asset Group Inc. has 1.12% invested in the company for 30,200 shares. The Wisconsin-based Cortina Asset Management Llc has invested 1.06% in the stock. Summit Creek Advisors Llc, a Minnesota-based fund reported 257,186 shares.
Out of 3 analysts covering AAC Holdings (NYSE:AAC), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. AAC Holdings has been the topic of 4 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Mizuho maintained the stock on July 18 with “Buy” rating. William Blair maintained the shares of AAC in a report on September 21 with “Buy” rating.
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