Bremer Trust National Association Has Trimmed Nike (NKE) Stake; Fieldpoint Petroleum (NYSEMKT:FPP) Shorts Raised By 101.76%

May 29, 2017 - By Adrian Mccoy

Fieldpoint Petroleum Corporation (NYSEMKT:FPP) had an increase of 101.76% in short interest. FPP’s SI was 34,300 shares in May as released by FINRA. Its up 101.76% from 17,000 shares previously. With 30,800 avg volume, 1 days are for Fieldpoint Petroleum Corporation (NYSEMKT:FPP)’s short sellers to cover FPP’s short positions. The SI to Fieldpoint Petroleum Corporation’s float is 0.57%. The stock increased 3.04% or $0.01 on May 26, reaching $0.342. About 35,101 shares traded. Fieldpoint Petroleum Corporation (NYSEMKT:FPP) has declined 52.38% since May 29, 2016 and is downtrending. It has underperformed by 69.08% the S&P500.

Bremer Trust National Association decreased Nike Inc (NKE) stake by 19.67% reported in 2016Q4 SEC filing. Bremer Trust National Association sold 8,323 shares as Nike Inc (NKE)’s stock declined 8.78%. The Bremer Trust National Association holds 33,986 shares with $1.73 million value, down from 42,309 last quarter. Nike Inc now has $87.41B valuation. The stock increased 0.46% or $0.24 on May 26, reaching $52.59. About 5.92 million shares traded. Nike Inc (NYSE:NKE) has declined 9.24% since May 29, 2016 and is downtrending. It has underperformed by 25.94% the S&P500.

FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The company has market cap of $3.76 million. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming. It currently has negative earnings. The Firm has varying ownership interest in approximately 470 gross wells located in approximately five states.

Analysts await Nike Inc (NYSE:NKE) to report earnings on June, 27. They expect $0.49 earnings per share, 0.00% or $0.00 from last year’s $0.49 per share. NKE’s profit will be $814.43M for 26.83 P/E if the $0.49 EPS becomes a reality. After $0.68 actual earnings per share reported by Nike Inc for the previous quarter, Wall Street now forecasts -27.94% negative EPS growth.

Bremer Trust National Association increased Ishares Core S&P Mid (IJH) stake by 4,413 shares to 41,154 valued at $6.80 million in 2016Q4. It also upped Ishares Core U.S. Aggregate Bo (AGG) stake by 6,188 shares and now owns 124,649 shares. Monster Beverage Corp was raised too.

Since January 3, 2017, it had 1 insider buy, and 8 insider sales for $44.61 million activity. SPRUNK ERIC D sold $111 worth of stock. The insider LECHLEITER JOHN C bought $56,301. Ayre David J sold $10.62M worth of stock. PARKER MARK G had sold 100,000 shares worth $5.55M. Slusher John F had sold 136,000 shares worth $7.09 million.