American Financial Group reports April 29 with short interest at a 30-day low and borrowing costs down 31% from last month.
Short interest as of April 23 stood at 3,598 shares, down 48% over the past month. The position jumped 12.3% day-over-day but remains at its lowest level since early April. Short interest peaked at 8,657 shares on April 6 before the steady decline. Days to cover sits at 1.0, per the latest FINRA fortnightly report.
Cost to borrow fell to 8.13%, down 17% over the past week and 31% month-over-month. CTB peaked at 14.52% on March 31 and has declined steadily since. Utilisation sits at just 0.44%, well below the 52-week high of 2.45% set earlier this year.
AFGD ranks in the 80th percentile for dividend score. The stock scores 67th percentile on earnings surprise and sits at the 50th percentile on analyst recommendation divergence. Short score ranks in the 63rd percentile. EV/EBIT sits at the 50th percentile relative to peers.
Sector score places the stock in the 34th percentile within Property and Casualty Insurance.
Stephen Lindner reduced his position by 283,198 shares as of April 3, leaving him with 4.63 million shares or 5.57% of the company. Craig Lindner trimmed his stake by 39,800 shares in mid-March, now holding 1.85 million shares.
State Street Global Advisors added 711,861 shares in the quarter ended March 31, bringing its position to 2.63 million shares. Dimensional Fund Advisors increased by 138,483 shares to 1.27 million. Vanguard and BlackRock each added modest positions, now holding 8.78% and 8.73% respectively.
See the live data behind this article on ORTEX.
Open AFGD on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
