Rbf Capital Has Lowered By $1.39 Million Its Nabors Industries LTD (NBR) Holding; Mackinac Financial (MFNC) Shorts Decreased By 15.5%

November 15, 2017 - By Maria Brooks

Mackinac Financial Corporation (NASDAQ:MFNC) had a decrease of 15.5% in short interest. MFNC’s SI was 10,900 shares in November as released by FINRA. Its down 15.5% from 12,900 shares previously. With 2,200 avg volume, 5 days are for Mackinac Financial Corporation (NASDAQ:MFNC)’s short sellers to cover MFNC’s short positions. The SI to Mackinac Financial Corporation’s float is 0.22%. About shares traded. Mackinac Financial Corporation (NASDAQ:MFNC) has risen 31.57% since November 15, 2016 and is uptrending. It has outperformed by 14.87% the S&P500.

Rbf Capital Llc decreased Nabors Industries Ltd (NBR) stake by 57.82% reported in 2017Q2 SEC filing. Rbf Capital Llc sold 174,024 shares as Nabors Industries Ltd (NBR)’s stock declined 31.29%. The Rbf Capital Llc holds 126,976 shares with $1.03M value, down from 301,000 last quarter. Nabors Industries Ltd now has $1.62B valuation. The stock declined 1.05% or $0.06 reaching $5.65 per share. About 9,069 shares traded. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since November 15, 2016 and is uptrending. It has outperformed by 15.96% the S&P500.

Since May 30, 2017, it had 1 insider purchase, and 0 insider sales for $181,522 activity. $181,522 worth of Nabors Industries Ltd. (NYSE:NBR) shares were bought by Restrepo William J.

Among 32 analysts covering Nabors Industries Ltd. (NYSE:NBR), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Nabors Industries Ltd. had 103 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Outperform” on Wednesday, April 27. The firm has “Buy” rating by Credit Suisse given on Friday, March 31. The firm has “Hold” rating given on Thursday, July 13 by BMO Capital Markets. Scotia Capital maintained it with “Buy” rating and $22 target in Thursday, March 23 report. The rating was downgraded by Credit Suisse on Wednesday, June 1 to “Neutral”. The stock of Nabors Industries Ltd. (NYSE:NBR) has “Buy” rating given on Thursday, October 5 by Citigroup. Credit Suisse upgraded the shares of NBR in report on Monday, December 21 to “Outperform” rating. On Wednesday, April 26 the stock rating was maintained by Jefferies with “Hold”. Howard Weil upgraded Nabors Industries Ltd. (NYSE:NBR) on Monday, March 28 to “Sector Outperform” rating. The firm has “Positive” rating by Susquehanna given on Wednesday, March 9.

Analysts await Nabors Industries Ltd. (NYSE:NBR) to report earnings on February, 28. They expect $-0.32 earnings per share, down 6.67% or $0.02 from last year’s $-0.3 per share. After $-0.42 actual earnings per share reported by Nabors Industries Ltd. for the previous quarter, Wall Street now forecasts -23.81% EPS growth.

Rbf Capital Llc increased Ishares Tr (EEM) stake by 20,000 shares to 50,000 valued at $2.07M in 2017Q2. It also upped Spdr S&P 500 Etf Tr (SPY) stake by 106,300 shares and now owns 146,300 shares. Wal (NYSE:WMT) was raised too.

Investors sentiment decreased to 1.09 in Q2 2017. Its down 0.13, from 1.22 in 2017Q1. It dived, as 50 investors sold NBR shares while 92 reduced holdings. 48 funds opened positions while 107 raised stakes. 269.17 million shares or 6.35% less from 287.43 million shares in 2017Q1 were reported. Bank Of America De invested in 0% or 1.37M shares. Grp Incorporated One Trading Lp has 0.03% invested in Nabors Industries Ltd. (NYSE:NBR). Airain reported 0.11% in Nabors Industries Ltd. (NYSE:NBR). Deprince Race Zollo Incorporated accumulated 2.80 million shares. Commonwealth Equity Svcs has 60,920 shares. 260,710 were reported by Federated Investors Pa. Citadel Advsrs Ltd Llc invested in 0.02% or 3.01M shares. Whitebox Advsrs Ltd accumulated 22,400 shares or 0.01% of the stock. Virginia Retirement Systems Et Al invested in 0.01% or 52,399 shares. Moreover, State Street has 0.01% invested in Nabors Industries Ltd. (NYSE:NBR). Sg Americas Secs Ltd has invested 0.02% in Nabors Industries Ltd. (NYSE:NBR). Kennedy Capital Mgmt holds 1.91M shares or 0.3% of its portfolio. Greenwood Capital Assocs Ltd holds 0.05% or 24,005 shares in its portfolio. Webster Bancorp N A reported 180 shares. Guggenheim Capital Limited Liability Company accumulated 297,254 shares or 0.01% of the stock.

Investors sentiment decreased to 1.8 in 2017 Q2. Its down 5.20, from 7 in 2017Q1. It worsened, as 1 investors sold Mackinac Financial Corporation shares while 4 reduced holdings. 0 funds opened positions while 9 raised stakes. 1.74 million shares or 48.82% less from 3.41 million shares in 2017Q1 were reported. Banc Funds Com Ltd stated it has 0.14% in Mackinac Financial Corporation (NASDAQ:MFNC). Pnc Fincl Svcs Group Incorporated Inc holds 0% of its portfolio in Mackinac Financial Corporation (NASDAQ:MFNC) for 67,800 shares. Tower Rech Cap Ltd Llc (Trc) holds 0% or 335 shares in its portfolio. The Kansas-based Creative Planning has invested 0% in Mackinac Financial Corporation (NASDAQ:MFNC). National Bank & Trust Of America Corp De has invested 0% of its portfolio in Mackinac Financial Corporation (NASDAQ:MFNC). Deutsche Financial Bank Ag stated it has 0% of its portfolio in Mackinac Financial Corporation (NASDAQ:MFNC). Raffles Associate Limited Partnership has 86,583 shares. Gendell Jeffrey L has 105,896 shares for 0.11% of their portfolio. Manufacturers Life Insurance Co The stated it has 0.01% in Mackinac Financial Corporation (NASDAQ:MFNC). Dimensional Fund Advsrs L P accumulated 349,404 shares or 0% of the stock. The New York-based Blackrock Incorporated has invested 0% in Mackinac Financial Corporation (NASDAQ:MFNC). Morgan Stanley has 143 shares. Vanguard Group Inc Inc stated it has 68,799 shares or 0% of all its holdings. Naples Global Advsrs Limited Liability Company invested 0.08% in Mackinac Financial Corporation (NASDAQ:MFNC). Kennedy Cap Mgmt holds 0.03% or 104,833 shares in its portfolio.

Since May 23, 2017, it had 0 insider buys, and 2 insider sales for $13,975 activity. Another trade for 500 shares valued at $6,975 was made by Deering Jesse A on Wednesday, May 31.

Mackinac Financial Corporation is a bank holding Company of mBank . The company has market cap of $95.12 million. The Company, through the Bank, is engaged in the general commercial banking business. It has a 13.28 P/E ratio. The Bank provides a range of loan and deposit products.

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