Alico Incorporated (NASDAQ:ALCO) Short Interest Increased By 15.29%

The stock of Alico Incorporated (NASDAQ:ALCO) registered an increase of 15.29% in short interest. ALCO’s total short interest was 199,800 shares in March as published by FINRA. Its up 15.29% from 173,300 shares, reported previously. With 25,800 shares average volume, it will take short sellers 8 days to cover their ALCO’s short positions. The short interest to Alico Incorporated’s float is 3.26%. The stock is up 0.14% or $0.03 after the news, hitting $24.63 per share. About 838 shares traded hands. Alico, Inc. (NASDAQ:ALCO) has declined 45.70% since July 27, 2015 and is downtrending. It has underperformed by 41.38% the S&P500.

Alico, Inc. is an agribusiness and natural resources management company. The company has a market cap of $209.84 million. The Company’s Citrus Groves segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets. It has 40.47 P/E ratio. The Improved Farmland segment includes activities related to owning and/or leasing improved farmland.

The institutional sentiment decreased to 1.67 in 2015 Q3. Its down 0.14, from 1.81 in 2015Q2. The ratio is negative, as 4 funds sold all Alico, Inc. shares owned while 11 reduced positions. 4 funds bought stakes while 21 increased positions. They now own 10.45 million shares or 72.77% more from 6.05 million shares in 2015Q2.

734 Agriculture Llc holds 100% of its portfolio in Alico, Inc. for 3.71 million shares. Birch Run Capital Advisors Lp owns 252,405 shares or 2.79% of their US portfolio. Moreover, Gmt Capital Corp has 0.64% invested in the company for 596,581 shares. The Pennsylvania-based Rodgers Brothers Inc. has invested 0.62% in the stock. Sg Capital Management Llc, a Illinois-based fund reported 54,497 shares.

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