The stock of Autoliv Incorporated (NYSE:ALV) registered an increase of 0.15% in short interest. ALV’s total short interest was 5.11 million shares in September as published by FINRA. Its up 0.15% from 5.10M shares, reported previously. With 261,600 shares average volume, it will take short sellers 20 days to cover their ALV’s short positions. The short interest to Autoliv Incorporated’s float is 5.8%. About 432,704 shares traded hands or 40.50% up from the average. Autoliv Inc. (NYSE:ALV) has risen 9.85% since February 8, 2016 and is uptrending. It has underperformed by 6.63% the S&P500.
Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The company has a market cap of $9.20 billion. The Firm operates through two divisions: Passive Safety and Electronics. It has a 16.11 P/E ratio. Passive Safety segment includes airbags, seatbelts and steering wheels.
The institutional sentiment decreased to 1.04 in Q2 2016. Its down 0.11, from 1.15 in 2016Q1. The ratio is negative, as 27 funds sold all Autoliv Inc. shares owned while 72 reduced positions. 28 funds bought stakes while 75 increased positions. They now own 28.89 million shares or 7.24% less from 31.15 million shares in 2016Q1.
Alecta Pensionsforsakring Omsesidigt holds 8.8% of its portfolio in Autoliv Inc. for 8.46 million shares. Beddow Capital Management Inc owns 83,446 shares or 3.73% of their US portfolio. Moreover, Prentiss Smith & Co Inc has 3.13% invested in the company for 51,790 shares. The North Carolina-based Hatteras Funds Llc has invested 1.47% in the stock. Murphy Pohlad Asset Management Llc, a Minnesota-based fund reported 16,895 shares.
Out of 14 analysts covering Autoliv Inc (NYSE:ALV), 2 rate it a “Buy”, 7 “Sell”, while 5 “Hold”. This means 14% are positive. Autoliv Inc has been the topic of 25 analyst reports since September 17, 2015 according to StockzIntelligence Inc. Piper Jaffray initiated the stock on June 10 with “Neutral” rating.
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