Rivernorth Capital Management Lowered By $1.14 Million Its Mfs Charter Income Tr (MCR) Holding, Kronos Worldwide (KRO) Shorts Increased By 10.29%

June 1, 2017 - By Linda Rogers

Kronos Worldwide Incorporated (NYSE:KRO) had an increase of 10.29% in short interest. KRO’s SI was 2.61 million shares in June as released by FINRA. Its up 10.29% from 2.36 million shares previously. With 440,800 avg volume, 6 days are for Kronos Worldwide Incorporated (NYSE:KRO)’s short sellers to cover KRO’s short positions. The SI to Kronos Worldwide Incorporated’s float is 11.65%. About 333,621 shares traded. Kronos Worldwide, Inc. (NYSE:KRO) has risen 245.94% since June 1, 2016 and is uptrending. It has outperformed by 229.24% the S&P500.

Rivernorth Capital Management Llc decreased Mfs Charter Income Tr (MCR) stake by 12.21% reported in 2016Q4 SEC filing. Rivernorth Capital Management Llc sold 142,082 shares as Mfs Charter Income Tr (MCR)’s stock rose 0.82%. The Rivernorth Capital Management Llc holds 1.02 million shares with $8.70M value, down from 1.16M last quarter. Mfs Charter Income Tr now has $464.49M valuation. The stock declined 0.34% or $0.03 reaching $8.7 per share. About 148,148 shares traded or 7.80% up from the average. MFS Charter Income Trust (NYSE:MCR) has risen 6.51% since June 1, 2016 and is uptrending. It has underperformed by 10.19% the S&P500.

Investors sentiment increased to 1.5 in Q4 2016. Its up 0.14, from 1.36 in 2016Q3. It improved, as 7 investors sold Kronos Worldwide, Inc. shares while 31 reduced holdings. 24 funds opened positions while 33 raised stakes. 14.52 million shares or 2.68% more from 14.14 million shares in 2016Q3 were reported. Great West Life Assurance Can holds 1,866 shares or 0% of its portfolio. Gsa Prtnrs Ltd Liability Partnership reported 0.09% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO). Hbk Invs Lp holds 0.01% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 45,469 shares. Renaissance Tech Ltd Limited Liability Company reported 0.01% stake. Nomura Hldgs reported 12,800 shares. Blackrock Fund owns 677,812 shares or 0% of their US portfolio. Bnp Paribas Arbitrage Sa accumulated 0% or 2,955 shares. Tiaa Cref Investment Limited Liability Corporation holds 0% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 177,597 shares. Bogle Inv Management L P De reported 53,503 shares. Millennium Limited Liability Company holds 0.01% or 486,920 shares in its portfolio. 3,704 are owned by Creative Planning. Aqr Management Ltd Liability owns 0% invested in Kronos Worldwide, Inc. (NYSE:KRO) for 15,426 shares. Dimensional Fund Advsrs Lp invested in 0.01% or 1.20 million shares. Cypress Cap Management Lc (Wy) reported 0% stake. Vanguard Grp Inc holds 1.57M shares.

Among 2 analysts covering Kronos Worldwide (NYSE:KRO), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Kronos Worldwide had 2 analyst reports since August 19, 2015 according to SRatingsIntel.

Kronos Worldwide, Inc. is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The company has market cap of $2.06 billion. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America. It has a 24.91 P/E ratio. It offers its clients a portfolio of products that include TiO2 pigment grades under the Kronos brand, which provides a range of performance properties.