The stock of Ameren Corporation (NYSE:AEE) registered a decrease of 2.97% in short interest. AEE’s total short interest was 5.41M shares in September as published by FINRA. Its down 2.97% from 5.57 million shares, reported previously. With 1.37 million shares average volume, it will take short sellers 4 days to cover their AEE’s short positions. The short interest to Ameren Corporation’s float is 2.24%. About 912,367 shares traded hands. Ameren Corp (NYSE:AEE) has risen 5.83% since February 8, 2016 and is uptrending. It has underperformed by 10.66% the S&P500.
Ameren Corporation is a public utility holding company. The company has a market cap of $11.85 billion. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). It has a 18.7 P/E ratio. Ameren operates through two divisions: Ameren Missouri and Ameren Illinois.
The institutional sentiment increased to 1.27 in Q2 2016. Its up 0.23, from 1.04 in 2016Q1. The ratio improved, as 34 funds sold all Ameren Corp shares owned while 125 reduced positions. 34 funds bought stakes while 168 increased positions. They now own 159.99 million shares or 4.84% less from 168.13 million shares in 2016Q1.
Rare Infrastructure Ltd holds 5.29% of its portfolio in Ameren Corp for 2.20 million shares. Electron Capital Partners Llc owns 310,053 shares or 4.1% of their US portfolio. Moreover, Duff & Phelps Investment Management Co has 1.44% invested in the company for 1.80 million shares. The California-based Churchill Management Corp has invested 1.33% in the stock. Archford Capital Strategies Llc, a Illinois-based fund reported 43,780 shares.
Out of 2 analysts covering Ameren (NYSE:AEE), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Ameren has been the topic of 5 analyst reports since January 4, 2016 according to StockzIntelligence Inc. Barclays Capital maintained the stock on May 16 with “Overweight” rating.
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