What’s in Ames National Corporation (NASDAQ:ATLO) After Rise in Shorted Shares?

November 10, 2018 - By Christine McCrea

Investors sentiment increased to 1.77 in Q2 2018. Its up 0.88, from 0.89 in 2018Q1. It increased, as 1 investors sold Ames National Corporation shares while 12 reduced holdings. 6 funds opened positions while 17 raised stakes. 2.21 million shares or 3.27% more from 2.14 million shares in 2018Q1 were reported.
Moreover, Alliancebernstein Limited Partnership has 0% invested in Ames National Corporation (NASDAQ:ATLO). Rhumbline Advisers reported 8,594 shares. Royal Bancorp Of Canada reported 100 shares or 0% of all its holdings. Tiaa Cref Invest Management Ltd Llc has invested 0% in Ames National Corporation (NASDAQ:ATLO). Schwab Charles Inv Mngmt holds 0% or 19,516 shares. 150,191 were accumulated by State Street Corp. Dimensional Fund Advsr L P stated it has 56,929 shares or 0% of all its holdings. Manufacturers Life Co The owns 3,173 shares or 0% of their US portfolio. California State Teachers Retirement stated it has 0% in Ames National Corporation (NASDAQ:ATLO). Denali Advsrs Ltd Limited Liability Company stated it has 0% of its portfolio in Ames National Corporation (NASDAQ:ATLO). 101 were reported by Tower Rech Cap Lc (Trc). Barclays Plc stated it has 629 shares. Kennedy Cap Mgmt Inc owns 0.01% invested in Ames National Corporation (NASDAQ:ATLO) for 10,128 shares. Bnp Paribas Arbitrage Sa reported 290 shares. Us Savings Bank De has 14,499 shares for 0% of their portfolio.

Since September 12, 2018, it had 8 buys, and 0 insider sales for $133,260 activity. Bauer Scott T also bought $2,096 worth of Ames National Corporation (NASDAQ:ATLO) on Wednesday, September 12. On Thursday, September 13 POHLMAN THOMAS H bought $13,975 worth of Ames National Corporation (NASDAQ:ATLO) or 500 shares. Hoff Curtis A had bought 1,000 shares worth $27,250 on Friday, September 14. 500 Ames National Corporation (NASDAQ:ATLO) shares with value of $13,600 were bought by LARSON JAMES R II. Parker Richard O bought $27,750 worth of Ames National Corporation (NASDAQ:ATLO) on Thursday, September 13.

The stock of Ames National Corporation (NASDAQ:ATLO) registered an increase of 8.75% in short interest. ATLO’s total short interest was 65,900 shares in November as published by FINRA. Its up 8.75% from 60,600 shares, reported previously. With 4,000 shares average volume, it will take short sellers 17 days to cover their ATLO’s short positions. The short interest to Ames National Corporation’s float is 0.72%.

It closed at $27.01 lastly. It is down 2.33% since November 10, 2017 and is downtrending. It has underperformed by 17.95% the S&P500.

Ames National Corporation operates as a multi-bank holding firm that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. The company has market cap of $251.49 million. The firm offers a range of deposits, including checking accounts, savings accounts, time deposits, money market accounts, demand deposits, and certificates of deposit; and loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit. It has a 16.16 P/E ratio. It also provides cash management, merchant credit card processing, safe deposit box and wire transfer, direct deposit of payroll and social security checks, and automated/video teller machine access services, as well as automatic drafts for various accounts.

Ames National Corporation (NASDAQ:ATLO) Institutional Positions Chart

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