Ironbridge Capital Management LP Upped By $2.61 Million Its Equity Commonwealth (EQC) Holding, Ellington Residential Mortgage R (EARN) Shorts Up By 15.04%

May 24, 2017 - By Vivian Park

Ellington Residential Mortgage R (NYSE:EARN) had an increase of 15.04% in short interest. EARN’s SI was 100,200 shares in May as released by FINRA. Its up 15.04% from 87,100 shares previously. With 46,900 avg volume, 2 days are for Ellington Residential Mortgage R (NYSE:EARN)’s short sellers to cover EARN’s short positions. The SI to Ellington Residential Mortgage R’s float is 1.81%. It closed at $14.5 lastly. It is down 12.51% since May 24, 2016 and is uptrending. It has underperformed by 4.19% the S&P500.

Ironbridge Capital Management Lp increased Equity Commonwealth (EQC) stake by 18.1% reported in 2016Q4 SEC filing. Ironbridge Capital Management Lp acquired 87,120 shares as Equity Commonwealth (EQC)’s stock declined 0.70%. The Ironbridge Capital Management Lp holds 568,372 shares with $17.19 million value, up from 481,252 last quarter. Equity Commonwealth now has $3.91 billion valuation. It closed at $31.26 lastly. It is down 13.35% since May 24, 2016 and is uptrending. It has underperformed by 3.35% the S&P500.

Among 3 analysts covering Equity Commonwealth (NYSE:EQC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Equity Commonwealth had 7 analyst reports since August 10, 2015 according to SRatingsIntel. Citigroup upgraded the shares of EQC in report on Monday, September 14 to “Neutral” rating. On Friday, September 11 the stock rating was upgraded by Citigroup to “Neutral”. As per Wednesday, September 9, the company rating was upgraded by Bank of America. Bank of America upgraded Equity Commonwealth (NYSE:EQC) on Monday, August 15 to “Buy” rating. Zacks upgraded the stock to “Sell” rating in Monday, August 10 report. As per Friday, November 6, the company rating was downgraded by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, September 1 by Citigroup.

Ironbridge Capital Management Lp decreased Neogen Corp (NASDAQ:NEOG) stake by 37,463 shares to 56,489 valued at $3.73M in 2016Q4. It also reduced Dexcom Inc (NASDAQ:DXCM) stake by 40,113 shares and now owns 80,937 shares. Endurance Specialty Holdings (NYSE:ENH) was reduced too.

Investors sentiment decreased to 0.75 in Q4 2016. Its down 0.82, from 1.57 in 2016Q3. It dived, as 10 investors sold Ellington Residential Mortgage REIT shares while 10 reduced holdings. 4 funds opened positions while 11 raised stakes. 5.51 million shares or 2.52% more from 5.37 million shares in 2016Q3 were reported. Creative Planning reported 3,000 shares. Wells Fargo & Mn holds 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN) for 1,301 shares. Blackrock Fund reported 171,170 shares stake. Acadian Asset Mngmt Ltd Llc has 0.02% invested in Ellington Residential Mortgage REIT (NYSE:EARN). Connor Clark Lunn Mngmt accumulated 16,846 shares. Geode Management Llc stated it has 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Panagora Asset Mngmt accumulated 400 shares. Vanguard Group owns 0% invested in Ellington Residential Mortgage REIT (NYSE:EARN) for 415,787 shares. 26,429 are held by Goldman Sachs Grp Inc. Mackenzie Finance invested in 17,402 shares or 0% of the stock. Royal Financial Bank Of Canada owns 24,200 shares or 0% of their US portfolio. Morgan Stanley invested in 0% or 50,234 shares. Millennium Management Limited Liability Com has 11,000 shares for 0% of their portfolio. Price T Rowe Associates Md holds 0% in Ellington Residential Mortgage REIT (NYSE:EARN) or 11,236 shares. Blackstone Limited Partnership reported 2.69 million shares stake.