INTL Fcstone Inc (NASDAQ:INTL) Short Interest Update

INTL Fcstone Inc (NASDAQ:INTL) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 424,300 shares, an increase of 63.4% from the May 30th total of 259,600 shares. Currently, 2.7% of the shares of the stock are sold short. Based on an average trading volume of 60,200 shares, the short-interest ratio is presently 7.0 days.

A number of large investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans lifted its position in shares of INTL Fcstone by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,202 shares of the financial services provider’s stock valued at $410,000 after buying an additional 246 shares during the last quarter. Arizona State Retirement System increased its stake in INTL Fcstone by 1.1% during the 1st quarter. Arizona State Retirement System now owns 24,723 shares of the financial services provider’s stock worth $958,000 after acquiring an additional 265 shares during the period. Texas Permanent School Fund increased its stake in shares of INTL Fcstone by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 10,393 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 400 shares during the last quarter. Legal & General Group Plc increased its stake in shares of INTL Fcstone by 1.3% in the 4th quarter. Legal & General Group Plc now owns 34,222 shares of the financial services provider’s stock valued at $1,249,000 after purchasing an additional 451 shares during the last quarter. Finally, Comerica Bank increased its stake in shares of INTL Fcstone by 3.0% in the 1st quarter. Comerica Bank now owns 15,801 shares of the financial services provider’s stock valued at $630,000 after purchasing an additional 453 shares during the last quarter. 70.68% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on INTL shares. BidaskClub raised Zai Lab from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 28th. ValuEngine upgraded Vermillion from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Finally, TheStreet upgraded WillScot from a “d-” rating to a “c-” rating in a report on Wednesday, May 8th.

NASDAQ:INTL traded down $0.36 during trading hours on Thursday, reaching $38.91. The company had a trading volume of 36,600 shares, compared to its average volume of 68,788. The business has a 50-day simple moving average of $36.73. INTL Fcstone has a one year low of $34.10 and a one year high of $57.00. The firm has a market cap of $761.68 million, a price-to-earnings ratio of 9.48 and a beta of 1.63. The company has a quick ratio of 1.29, a current ratio of 1.88 and a debt-to-equity ratio of 2.81.

INTL Fcstone (NASDAQ:INTL) last posted its quarterly earnings data on Tuesday, May 7th. The financial services provider reported $1.21 EPS for the quarter. INTL Fcstone had a return on equity of 15.53% and a net margin of 0.30%. The company had revenue of $165.20 million for the quarter.

About INTL Fcstone

INTL FCStone Inc operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.

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