TD Ameritrade Holding Corporation (NASDAQ:AMTD) Shorted Shares Increased By 11.11%


The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) registered an increase of 11.11% in short interest. AMTD’s total short interest was 10.98M shares in September as published by FINRA. Its up 11.11% from 9.88M shares, reported previously. With 1.99 million shares average volume, it will take short sellers 6 days to cover their AMTD’s short positions. The short interest to TD Ameritrade Holding Corporation’s float is 4.56%. The stock decreased 1.37% or $0.45 during the last trading session, hitting $32.33. About 2.63 million shares traded hands or 40.64% up from the average. TD Ameritrade Holding Corp. (NASDAQ:AMTD) has risen 24.21% since February 8, 2016 and is uptrending. It has outperformed by 7.73% the S&P500.

TD Ameritrade Holding Corporation is a well-known provider of securities brokerage services and related technology financial services. The company has a market cap of $17.40 billion. The Firm provides its services to retail investors, traders and independent registered investment advisors . It has a 19.92 P/E ratio. The Firm provides its services through the Internet, a national branch network and relationships with RIAs.

The institutional sentiment increased to 1.09 in Q2 2016. Its up 0.21, from 0.88 in 2016Q1. The ratio is positive, as 29 funds sold all TD Ameritrade Holding Corp. shares owned while 80 reduced positions. 32 funds bought stakes while 87 increased positions. They now own 471.08 million shares or 86.79% more from 252.20 million shares in 2016Q1.

Toronto Dominion Bank holds 26.4% of its portfolio in TD Ameritrade Holding Corp. for 222.92 million shares. Crescent Park Management L.P. owns 835,470 shares or 5.22% of their US portfolio. Moreover, Riverpark Capital Management Llc has 2.92% invested in the company for 211,664 shares. The Denmark-based Cam Group Holding A S has invested 2.63% in the stock. Riverpark Advisors Llc, a New York-based fund reported 188,643 shares.

Out of 8 analysts covering TD Ameritrade Holdings (NASDAQ:AMTD), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. TD Ameritrade Holdings has been the topic of 16 analyst reports since September 18, 2015 according to StockzIntelligence Inc. UBS maintained the stock on January 21 with “Buy” rating.

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