Assured Guaranty Limited (NYSE:AGO) Shorts Decreased by 3.89% After Short Covering


The stock of Assured Guaranty Limited (NYSE:AGO) registered a decrease of 3.89% in short interest. AGO’s total short interest was 3.56M shares in September as published by FINRA. Its down 3.89% from 3.71 million shares, reported previously. With 555,200 shares average volume, it will take short sellers 6 days to cover their AGO’s short positions. The short interest to Assured Guaranty Limited’s float is 3.03%. About 464,951 shares traded hands. Assured Guaranty Ltd. (NYSE:AGO) has risen 22.55% since February 8, 2016 and is uptrending. It has outperformed by 6.06% the S&P500.

Assured Guaranty Ltd. is a holding company. The company has a market cap of $3.62 billion. The Firm provides, through its subsidiaries, credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It has a 5.07 P/E ratio. It conducts its financial guaranty business on a direct basis through the companies, including Assured Guaranty Municipal Corp. , Municipal Assurance Corp. (MAC), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty Re Ltd. (AG Re).

The institutional sentiment increased to 0.85 in 2016 Q2. Its up 0.06, from 0.79 in 2016Q1. The ratio improved, as 28 funds sold all Assured Guaranty Ltd. shares owned while 96 reduced positions. 24 funds bought stakes while 82 increased positions. They now own 113.29 million shares or 12.18% less from 129.00 million shares in 2016Q1.

Capital Returns Management Llc holds 10.12% of its portfolio in Assured Guaranty Ltd. for 713,280 shares. Fine Capital Partners L.P. owns 3.08 million shares or 8.7% of their US portfolio. Moreover, Taylor Asset Management Inc has 8.47% invested in the company for 1.17 million shares. The New York-based Tegean Capital Management Llc has invested 7.41% in the stock. Philadelphia Financial Management Of San Francisco Llc, a California-based fund reported 1.13 million shares.

Out of 3 analysts covering Assured Guaranty Ltd (NYSE:AGO), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Assured Guaranty Ltd has been the topic of 3 analyst reports since November 9, 2015 according to StockzIntelligence Inc. M Partners maintained the stock on November 16 with “Buy” rating.

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