Yamana Gold Inc. (USA) (AUY) Reaches $2.74 After 8.00% Down Move, Beacon Roofing Supply (BECN) Sellers Increased By 11.87% Their Shorts

May 18, 2017 - By Marguerite Chambers

Beacon Roofing Supply Incorporated (NASDAQ:BECN) had an increase of 11.87% in short interest. BECN’s SI was 1.86M shares in May as released by FINRA. Its up 11.87% from 1.66 million shares previously. With 363,200 avg volume, 5 days are for Beacon Roofing Supply Incorporated (NASDAQ:BECN)’s short sellers to cover BECN’s short positions. The SI to Beacon Roofing Supply Incorporated’s float is 3.1%. About 243,828 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 6.00% since April 18, 2017 and is uptrending. It has by 0.00% the S&P500.

The stock of Yamana Gold Inc. (USA) (NYSE:AUY) is a huge mover today! The stock decreased 2.84% or $0.08 during the last trading session, reaching $2.74. About 11.66M shares traded. Yamana Gold Inc. (USA) (NYSE:AUY) has risen 6.00% since April 18, 2017 and is uptrending. It has by 0.00% the S&P500.The move comes after 5 months negative chart setup for the $2.58B company. It was reported on May, 18 by Barchart.com. We have $2.52 PT which if reached, will make NYSE:AUY worth $206.40M less.

Yamana Gold Inc. is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The company has market cap of $2.58 billion. The Company’s divisions include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc. , and Corporate and other. It currently has negative earnings. The Company’s development projects include Cerro Moro, Argentina; Agua Rica, Argentina, and Gualcamayo, Argentina.

Among 12 analysts covering Yamana Gold Inc. (NYSE:AUY), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. Yamana Gold Inc. had 28 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Friday, December 11 by JP Morgan. The stock has “Neutral” rating by Credit Suisse on Friday, January 13. Credit Suisse upgraded Yamana Gold Inc. (USA) (NYSE:AUY) on Monday, September 21 to “Outperform” rating. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) earned “Hold” rating by HSBC on Monday, October 26. Raymond James upgraded the shares of AUY in report on Monday, March 14 to “Outperform” rating. The rating was maintained by RBC Capital Markets on Wednesday, February 3 with “Sector Perform”. The rating was downgraded by JP Morgan on Wednesday, January 27 to “Neutral”. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) earned “Mkt Perform” rating by Raymond James on Friday, January 15. As per Thursday, May 12, the company rating was upgraded by BMO Capital Markets. The rating was upgraded by RBC Capital Markets to “Outperform” on Monday, December 12.

Among 13 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Beacon Roofing Supply had 20 analyst reports since July 28, 2015 according to SRatingsIntel. TheStreet upgraded the stock to “Hold” rating in Wednesday, August 12 report. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Neutral” rating by Citigroup on Monday, January 11. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Sector Perform” rating by RBC Capital Markets on Monday, August 10. The firm earned “Equal-Weight” rating on Monday, November 30 by Stephens. Raymond James upgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Tuesday, July 28 to “Outperform” rating. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Buy” rating by Seaport Global Securities on Wednesday, December 7. The rating was upgraded by Raymond James to “Strong Buy” on Monday, February 8. Jefferies initiated it with “Hold” rating and $46 target in Wednesday, July 6 report. RBC Capital Markets maintained it with “Outperform” rating and $51 target in Tuesday, November 22 report. As per Tuesday, January 19, the company rating was upgraded by William Blair.

Beacon Roofing Supply, Inc. is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada. The company has market cap of $2.79 billion. It also distributes complementary building products for residential and non-residential building exteriors. It has a 29.36 P/E ratio. The Company’s product portfolio includes residential roofing products, non-residential roofing products and complementary building products.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.10, from 0.93 in 2016Q3. It worsened, as 28 investors sold Beacon Roofing Supply, Inc. shares while 84 reduced holdings. 32 funds opened positions while 61 raised stakes. 59.86 million shares or 1.70% less from 60.89 million shares in 2016Q3 were reported. The Florida-based Dudley & Shanley Limited Liability Company has invested 6.97% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). 20,460 were accumulated by Nomura Asset Mngmt Limited. Bank & Trust Of America De has 0% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 340,109 shares. Victory Inc invested in 997,460 shares. 116 were accumulated by Ftb Advsrs. Great West Life Assurance Com Can, a Manitoba – Canada-based fund reported 5,687 shares. Stifel Fincl owns 0% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 19,247 shares. Marianas Fund Mngmt Limited Liability Corp invested 0.68% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Bnp Paribas Inv Ptnrs has invested 0.12% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Daruma Management Limited Company reported 2.88% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Vanguard owns 4.60 million shares. Wells Fargo & Communications Mn stated it has 638,679 shares. Qs Ltd Llc stated it has 24 shares or 0% of all its holdings. Prudential Fin stated it has 0% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Engineers Gate Manager Lp reported 0.22% stake.