The stock of Alpine Global Premier Properties (NYSE:AWP) registered a decrease of 34.36% in short interest. AWP’s total short interest was 130,300 shares in September as published by FINRA. Its down 34.36% from 198,500 shares, reported previously. With 351,100 shares average volume, it will take short sellers 0 days to cover their AWP’s short positions. About 144,419 shares traded hands. Alpine Global Premier Properties Fund (NYSE:AWP) has risen 15.15% since February 8, 2016 and is uptrending. It has underperformed by 1.34% the S&P500.
Alpine Global Premier Properties Fund is a diversified, closed-end management investment company. The company has a market cap of $476.59 million. The Fund’s primary investment objective is capital appreciation. It currently has negative earnings. The Company’s secondary investment objective is high current income.
The institutional sentiment decreased to 0.61 in Q2 2016. Its down 0.42, from 1.03 in 2016Q1. The ratio dropped, as 14 funds sold all Alpine Global Premier Properties Fund shares owned while 24 reduced positions. 3 funds bought stakes while 20 increased positions. They now own 19.48 million shares or 30.22% less from 27.92 million shares in 2016Q1.
Newgate Capital Management Llc holds 2.51% of its portfolio in Alpine Global Premier Properties Fund for 559,250 shares. Mcgowan Group Asset Management Inc. owns 2.23 million shares or 2.18% of their US portfolio. Moreover, Cornerstone Advisors Inc has 1.79% invested in the company for 1.32 million shares. The Texas-based Doliver Capital Advisors Inc. has invested 1.5% in the stock. 1607 Capital Partners Llc, a Virginia-based fund reported 2.49 million shares.
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