Appliance Recycling Centers of America Inc – Com (NASDAQ:ARCI)’s Stock Is Sell After More Market Selling

September 16, 2018 - By Lisa Delgado

Investors sentiment decreased to 0 in Q2 2018. Its down 0.40, from 0.4 in 2018Q1. It turned negative, as 3 investors sold Appliance Recycling Centers of America, Inc. shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 243,171 shares or 34.28% less from 370,018 shares in 2018Q1 were reported.
Panagora Asset Mngmt holds 39,100 shares or 0% of its portfolio. Bancshares Of Mellon Corp reported 0% of its portfolio in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Captrust Financial Advsrs invested in 4,375 shares. Royal Comml Bank Of Canada stated it has 0% of its portfolio in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Renaissance Ltd Co holds 0% of its portfolio in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) for 173,800 shares. First Wilshire Secs Mgmt Inc has 0% invested in Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI). Blackrock Inc owns 869 shares.

Since August 29, 2018, it had 1 buying transaction, and 0 insider sales for $30,000 activity.

The stock of Appliance Recycling Centers of America Inc – Com (NASDAQ:ARCI) registered an increase of 220.16% in short interest. ARCI’s total short interest was 350,900 shares in September as published by FINRA. Its up 220.16% from 109,600 shares, reported previously. With 731,800 shares average volume, it will take short sellers 1 days to cover their ARCI’s short positions. The short interest to Appliance Recycling Centers of America Inc – Com’s float is 10.64%.

The stock decreased 4.03% or $0.05 during the last trading session, reaching $1.19. About 238,884 shares traded. Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI) has risen 0.74% since September 16, 2017 and is uptrending. It has underperformed by 14.88% the S&P500.

Appliance Recycling Centers of America, Inc., together with its subsidiaries, sells and recycles household appliances through a chain of company-owned retail stores under the ApplianceSmart name. The company has market cap of $8.18 million. The firm operates in two divisions, Retail and Recycling. It currently has negative earnings. The Company’s stores offer new appliances; affordable value-priced, niche offerings, such as close-outs, factory overruns, and discontinued models, as well as special-buy appliances, including out-of-carton merchandise and others; byproduct materials, such as metals of recycled appliances; and carbon offsets created by the destruction of ozone-depleting refrigerants.

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