What’s Next for AMAZON.COM Inc (NASDAQ:AMZN) After Having Less Shares Shorted?

September 15, 2018 - By Ash Maslow

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Investors sentiment increased to 1.34 in Q2 2018. Its up 0.26, from 1.08 in 2018Q1. It improved, as 50 investors sold Amazon.com, Inc. shares while 590 reduced holdings. 170 funds opened positions while 686 raised stakes. 268.42 million shares or 0.77% more from 266.38 million shares in 2018Q1 were reported.
Veritas Inv Llp reported 80 shares. Brick & Kyle owns 4,089 shares. Norinchukin Savings Bank The has invested 1.67% in Amazon.com, Inc. (NASDAQ:AMZN). The Netherlands-based Shell Asset Mgmt has invested 1.45% in Amazon.com, Inc. (NASDAQ:AMZN). Goelzer Investment Management holds 0.05% or 247 shares in its portfolio. National Bank & Trust Of Montreal Can has 1.59 million shares. Whittier Tru Company Of Nevada Incorporated invested in 20,458 shares or 0.75% of the stock. Blue Edge Limited Liability holds 3,400 shares. Winfield Associates owns 7,709 shares. Pennsylvania-based Guyasuta Invest Advisors has invested 0.17% in Amazon.com, Inc. (NASDAQ:AMZN). Ntv Asset Mngmt Lc holds 0.12% or 245 shares. Ci Global Investments has invested 0% in Amazon.com, Inc. (NASDAQ:AMZN). Community Bancorporation Na accumulated 74 shares. Mcgowan Group Asset accumulated 781 shares or 0.22% of the stock. 508 were accumulated by Bourgeon Management Limited Liability Corporation.

Since March 20, 2018, it had 0 insider purchases, and 21 sales for $59.19 million activity. Reynolds Shelley had sold 435 shares worth $824,513. Blackburn Jeffrey M also sold $3.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, August 15. Shares for $3.28 million were sold by Jassy Andrew R. 2,028 shares valued at $3.87M were sold by Olsavsky Brian T on Wednesday, August 15. 1,375 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.17 million were sold by STONESIFER PATRICIA Q. Zapolsky David sold $3.03 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15.

The stock of AMAZON.COM Inc (NASDAQ:AMZN) registered a decrease of 11.21% in short interest. AMZN’s total short interest was 4.28M shares in September as published by FINRA. Its down 11.21% from 4.82 million shares, reported previously. With 4.01M shares average volume, it will take short sellers 1 days to cover their AMZN’s short positions. The short interest to AMAZON.COM Inc’s float is 1.05%.

The stock decreased 0.99% or $19.68 during the last trading session, reaching $1970.19. About 3.64M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 102.53% since September 15, 2017 and is uptrending. It has outperformed by 86.91% the S&P500.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $960.94 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 156.03 P/E ratio. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

Amazon.com, Inc. (NASDAQ:AMZN) Ratings Coverage

Among 28 analysts covering Amazon (NASDAQ:AMZN), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon had 43 analyst reports since April 5, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, April 27 by Credit Suisse. As per Friday, April 27, the company rating was maintained by Susquehanna. The firm earned “Outperform” rating on Friday, July 13 by Cowen & Co. The firm earned “Overweight” rating on Friday, July 27 by PiperJaffray. The company was maintained on Friday, July 27 by Wedbush. Robert W. Baird maintained it with “Buy” rating and $180000 target in Friday, April 27 report. The rating was maintained by Deutsche Bank on Friday, April 27 with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Monday, September 10 by Citigroup. UBS maintained the shares of AMZN in report on Friday, April 27 with “Buy” rating. The firm earned “Outperform” rating on Friday, April 27 by Wedbush.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Senator Sanders introduces the BEZOS bill” on September 05, 2018, also Seekingalpha.com with their article: “Amazon’s Healthcare Strategy Takes Shape” published on September 12, 2018, Nasdaq.com published: “Forget $1 Trillion, AMZN Will Hit $2 Trillion by This Date” on August 20, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Could Amazon.com Be a Millionaire Maker Stock?” published on September 09, 2018 as well as Nasdaq.com‘s news article titled: “Amazon (AMZN) Gains As Market Dips: What You Should Know” with publication date: August 22, 2018.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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