Arrow Financial (AROW) to pay $0.25 on Sep 15, 2017; Nordic American Tanker (NAT) Shorts Up By 1.82%

August 29, 2017 - By Dolores Ford

Arrow Financial Corporation (NASDAQ:AROW) is expected to pay $0.25 on Sep 15, 2017. $1.00 is the ADY. (NASDAQ:AROW) shareholders before Aug 30, 2017 will receive the $0.25 dividend. Arrow Financial Corporation’s current price of $32.10 translates into 0.78% yield. Arrow Financial Corporation’s dividend has Sep 1, 2017 as record date. Jul 26, 2017 is the announcement. The stock decreased 0.31% or $0.1 on August 28, reaching $32.1. About shares traded. Arrow Financial Corporation (NASDAQ:AROW) has risen 17.97% since August 29, 2016 and is uptrending. It has outperformed by 1.27% the S&P500.

Nordic American Tanker (NYSE:NAT) had an increase of 1.82% in short interest. NAT’s SI was 17.52M shares in August as released by FINRA. Its up 1.82% from 17.21M shares previously. With 1.09 million avg volume, 16 days are for Nordic American Tanker (NYSE:NAT)’s short sellers to cover NAT’s short positions. The SI to Nordic American Tanker’s float is 18.27%. The stock decreased 0.84% or $0.04 on August 28, reaching $4.71. About shares traded. Nordic American Tanker Ltd (NYSE:NAT) has declined 48.16% since August 29, 2016 and is downtrending. It has underperformed by 64.86% the S&P500.

Nordic American Tankers Limited is an international tanker company. The company has market cap of $480.28 million. The Firm owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage each. It currently has negative earnings. The Company’s Suezmaxes tankers can carry over one million barrels of oil.

Among 8 analysts covering Nordic American Tanker Shipping (NYSE:NAT), 1 have Buy rating, 3 Sell and 4 Hold. Therefore 13% are positive. Nordic American Tanker Shipping has $16 highest and $4 lowest target. $8.50’s average target is 80.47% above currents $4.71 stock price. Nordic American Tanker Shipping had 17 analyst reports since August 12, 2015 according to SRatingsIntel. Euro Pacific Capital upgraded the shares of NAT in report on Wednesday, August 12 to “Buy” rating. The firm earned “Hold” rating on Tuesday, September 22 by Zacks. The firm has “Underperform” rating by Jefferies given on Wednesday, July 27. The firm has “Sell” rating given on Monday, April 24 by Maxim Group. Seaport Global reinitiated the stock with “Neutral” rating in Wednesday, May 4 report. Wells Fargo initiated Nordic American Tanker Ltd (NYSE:NAT) on Wednesday, November 16 with “Market Perform” rating. Evercore downgraded the shares of NAT in report on Friday, July 21 to “Underperform” rating. The stock of Nordic American Tanker Ltd (NYSE:NAT) has “Sell” rating given on Monday, July 17 by Jefferies. Jefferies downgraded Nordic American Tanker Ltd (NYSE:NAT) rating on Tuesday, May 10. Jefferies has “Underperform” rating and $10 target. The rating was maintained by Jefferies on Monday, April 3 with “Sell”.

Investors sentiment decreased to 1 in 2016 Q4. Its down 0.41, from 1.41 in 2016Q3. It dropped, as 5 investors sold Arrow Financial Corporation shares while 30 reduced holdings. 14 funds opened positions while 23 raised stakes. 5.31 million shares or 46.90% less from 9.99 million shares in 2016Q3 were reported. Morgan Stanley stated it has 38,637 shares or 0% of all its holdings. Price T Rowe Incorporated Md holds 11,598 shares. Comml Bank Of America De invested in 6,506 shares or 0% of the stock. Lpl Finance Limited Com holds 0% in Arrow Financial Corporation (NASDAQ:AROW) or 9,270 shares. Royal Bancshares Of Canada holds 0% of its portfolio in Arrow Financial Corporation (NASDAQ:AROW) for 2,628 shares. Fifth Third National Bank & Trust holds 0% in Arrow Financial Corporation (NASDAQ:AROW) or 386 shares. Sanctuary Wealth Advsr Ltd Llc holds 0.01% of its portfolio in Arrow Financial Corporation (NASDAQ:AROW) for 196 shares. Barclays Public Limited Company holds 0% of its portfolio in Arrow Financial Corporation (NASDAQ:AROW) for 275 shares. Arrow Fincl reported 1.37M shares. Credit Suisse Ag invested 0% of its portfolio in Arrow Financial Corporation (NASDAQ:AROW). Moreover, Prudential Financial has 0% invested in Arrow Financial Corporation (NASDAQ:AROW). Legal General Group Public Limited Company accumulated 0% or 2,908 shares. Vanguard Gru owns 497,603 shares or 0% of their US portfolio. Community State Bank Na reported 6,388 shares. Bessemer Gru Inc holds 0% in Arrow Financial Corporation (NASDAQ:AROW) or 6,489 shares.