Fednat Holding Company (NASDAQ:FNHC) Just Reported Increased Shorts

FedNat Holding Company (NASDAQ:FNHC) Logo

Investors sentiment decreased to 0.05 in Q2 2018. Its down 0.57, from 0.62 in 2018Q1. It worsened, as 61 investors sold FedNat Holding Company shares while 0 reduced holdings. 2 funds opened positions while 1 raised stakes. 748,748 shares or 90.04% less from 7.52 million shares in 2018Q1 were reported.
Renaissance Ltd Liability Co stated it has 0.01% of its portfolio in FedNat Holding Company (NASDAQ:FNHC). Piedmont Investment Advsrs Limited Liability Co invested in 0% or 200 shares. Meeder Asset Mngmt Incorporated reported 932 shares. Macquarie Gru Incorporated Ltd stated it has 23,616 shares.

Since August 13, 2018, it had 0 insider buys, and 2 sales for $266,610 activity. WILCOX RICHARD W JR sold 7,500 shares worth $190,150.

The stock of Fednat Holding Company (NASDAQ:FNHC) registered an increase of 107.5% in short interest. FNHC’s total short interest was 207,500 shares in December as published by FINRA. Its up 107.5% from 100,000 shares, reported previously. With 67,700 shares average volume, it will take short sellers 3 days to cover their FNHC’s short positions. The short interest to Fednat Holding Company’s float is 2.73%.

The stock increased 0.61% or $0.13 during the last trading session, reaching $21.4. About 32,614 shares traded. FedNat Holding Company (NASDAQ:FNHC) has risen 88.49% since December 8, 2017 and is uptrending. It has outperformed by 72.87% the S&P500.

FedNat Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing business in the United States. The company has market cap of $273.37 million. The firm underwrites homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. It has a 9.09 P/E ratio. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents.

More notable recent FedNat Holding Company (NASDAQ:FNHC) news were published by: Globenewswire.com which released: “Federated National Holding Company Announces Closing of Private Placement of $45 Million of Senior Notes – GlobeNewswire” on January 03, 2018, also Bizjournals.com with their article: “These are the South Florida stocks that posted the most (and least) gains in March – South Florida Business Journal” published on April 03, 2017, Globenewswire.com published: “Federated National Holding Company Announces Closing of Monarch Acquisition and Update to Financial Results Release Date – GlobeNewswire” on February 22, 2018. More interesting news about FedNat Holding Company (NASDAQ:FNHC) were released by: Bizjournals.com and their article: “How Tampa Bay and Florida insurers are making it through the storm – Tampa Bay Business Journal” published on September 11, 2017 as well as Nasdaq.com‘s news article titled: “FedNat Holding Company Authorizes $10 Million Share Repurchase Program and Announces Change in Timing of Dividend Process – Nasdaq” with publication date: December 06, 2018.

FedNat Holding Company (NASDAQ:FNHC) Institutional Positions Chart

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