How Analysts Feel About Appliance Recycling Centers American (NASDAQ:ARCI) After Decrease in Sellers?

January 12, 2018 - By Darrin Black

 How Analysts Feel About Appliance Recycling Centers American (NASDAQ:ARCI) After Decrease in Sellers?

Investors sentiment increased to 8 in Q3 2017. Its up 7.40, from 0.6 in 2017Q2. It increased, as 0 investors sold Appliance Recycling Centers of America, Inc. shares while 1 reduced holdings. 6 funds opened positions while 2 raised stakes. 1.26 million shares or 195.40% more from 426,696 shares in 2017Q2 were reported.
Vanguard Inc owns 17,367 shares. National Bank Of Ny Mellon reported 10,025 shares or 0% of all its holdings. First Wilshire Management Incorporated has invested 0% of its portfolio in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Virtu Ltd Liability has 104,753 shares. Blackrock has 869 shares for 0% of their portfolio. Royal Bank & Trust Of Canada owns 2 shares. Jane Street Gp Ltd Liability Corp has 0% invested in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) for 11,309 shares. Deutsche Bankshares Ag holds 0% of its portfolio in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) for 56,600 shares. Perkins Cap has 0.05% invested in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Renaissance Tech Ltd, a New York-based fund reported 290,000 shares. Citadel Advisors Lc has 13,579 shares. Two Sigma Secs Llc accumulated 24,294 shares or 0% of the stock.

Since August 23, 2017, it had 0 insider buys, and 1 insider sale for $5,949 activity.

The stock of Appliance Recycling Centers American (NASDAQ:ARCI) registered a decrease of 32.21% in short interest. ARCI’s total short interest was 118,700 shares in January as published by FINRA. Its down 32.21% from 175,100 shares, reported previously. With 231,600 shares average volume, it will take short sellers 1 days to cover their ARCI’s short positions. The short interest to Appliance Recycling Centers American’s float is 2.61%.

The stock decreased 2.77% or $0.028 during the last trading session, reaching $0.982. About 88,744 shares traded. Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) has declined 27.42% since January 12, 2017 and is downtrending. It has underperformed by 44.12% the S&P500.

Appliance Recycling Centers of America, Inc., together with its subsidiaries, sells and recycles household appliances through a chain of company-owned retail stores under the ApplianceSmart name. The company has market cap of $6.75 million. The firm operates in two divisions, Retail and Recycling. It has a 1.3 P/E ratio. The Company’s stores offer new appliances; affordable value-priced, niche offerings, such as close-outs, factory overruns, and discontinued models, as well as special-buy appliances, including out-of-carton merchandise and others; byproduct materials, such as metals of recycled appliances; and carbon offsets created by the destruction of ozone-depleting refrigerants.

More notable recent Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) news were published by: Prnewswire.com which released: “Recycling Business Picking Up: Appliance Recycling Centers of America (ARCA …” on February 01, 2016, also Prnewswire.com with their article: “Appliance Recycling Centers of America Announces New Business Unit – Customer …” published on January 10, 2017, Globenewswire.com published: “Appliance Recycling Centers of America Reports Third Quarter 2016 Operating …” on November 21, 2016. More interesting news about Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) were released by: Startribune.com and their article: “Appliance Recycling Centers of America CEO Jack Cameron retires for second time” published on February 29, 2016 as well as Prnewswire.com‘s news article titled: “Appliance Recycling Centers of America Launches Statewide Program in Wisconsin” with publication date: February 13, 2017.

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