Atlantic American (AAME) Is At $3.45 Formed Wedge; Erin Energy (NYSEMKT:ERN) Shorts Increased By 5.45%

August 4, 2017 - By test

Erin Energy Corporation (NYSEMKT:ERN) had an increase of 5.45% in short interest. ERN’s SI was 1.36 million shares in August as released by FINRA. Its up 5.45% from 1.29 million shares previously. With 56,600 avg volume, 24 days are for Erin Energy Corporation (NYSEMKT:ERN)’s short sellers to cover ERN’s short positions. The SI to Erin Energy Corporation’s float is 0.66%. The stock increased 15.18% or $0.26 on August 3, reaching $2. About shares traded. Erin Energy Corp (NYSEMKT:ERN) has declined 11.33% since August 4, 2016 and is downtrending. It has underperformed by 28.03% the S&P500.

Atlantic American Corporation (AAME) formed wedge down with $3.35 target or 3.00% below today’s $3.45 share price. Atlantic American Corporation (AAME) has $70.43M valuation. The stock decreased 4.17% or $0.15 on August 3, reaching $3.45. About shares traded. Atlantic American Corporation (NASDAQ:AAME) has declined 9.42% since August 4, 2016 and is downtrending. It has underperformed by 26.12% the S&P500.

Investors sentiment decreased to 0.29 in 2016 Q4. Its down 0.57, from 0.86 in 2016Q3. It worsened, as 2 investors sold Atlantic American Corporation shares while 5 reduced holdings. 0 funds opened positions while 2 raised stakes. 1.02 million shares or 1.10% less from 1.03 million shares in 2016Q3 were reported. Shufro Rose And Co Ltd Liability Co invested in 0.02% or 38,050 shares. Bridgeway Cap Mgmt accumulated 21,056 shares or 0% of the stock. Northern Trust Corporation reported 53,977 shares or 0% of all its holdings. Renaissance Techs Lc stated it has 0% in Atlantic American Corporation (NASDAQ:AAME). 611,508 are owned by Dimensional Fund Advsr L P. Investors Asset Management Of Georgia Ga Adv holds 0.04% of its portfolio in Atlantic American Corporation (NASDAQ:AAME) for 12,136 shares. Blackrock Invest Mgmt Ltd Liability Corporation stated it has 932 shares. Teton Advsr owns 0.01% invested in Atlantic American Corporation (NASDAQ:AAME) for 20,000 shares. Blackrock Fund invested in 749 shares or 0% of the stock. Blackrock Institutional Trust Na holds 9,708 shares or 0% of its portfolio. Financial Bank Of Ny Mellon Corporation reported 26,627 shares stake. Goldman Sachs Gp holds 0% or 10,239 shares in its portfolio. Blackrock Advsr Ltd Liability Corporation stated it has 0% in Atlantic American Corporation (NASDAQ:AAME). California Pub Employees Retirement Systems holds 0% in Atlantic American Corporation (NASDAQ:AAME) or 53,025 shares. 69,900 are held by Wells Fargo Co Mn.

Erin Energy Corporation is an independent gas and oil exploration and production company. The company has market cap of $426.81 million. The Firm is focused on energy resources in Africa. It currently has negative earnings. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed.