What Will Happen to Aqua America Inc (NYSE:WTR) Next? The Stock Has Increase in Shorts

September 16, 2018 - By Carolyn Hewitt

Aqua America, Inc. (NYSE:WTR) Logo

Investors sentiment increased to 1.29 in Q2 2018. Its up 0.26, from 1.03 in 2018Q1. It improved, as 15 investors sold Aqua America, Inc. shares while 114 reduced holdings. 47 funds opened positions while 119 raised stakes. 94.11 million shares or 0.08% more from 94.04 million shares in 2018Q1 were reported.
Coastline Trust owns 0.35% invested in Aqua America, Inc. (NYSE:WTR) for 65,323 shares. Moreover, Ledyard Bankshares has 0.23% invested in Aqua America, Inc. (NYSE:WTR). Trust Of Vermont holds 1,500 shares. Bridgewater Associates Limited Partnership invested in 0% or 10,143 shares. Amp Cap Invsts Ltd holds 0.02% or 112,707 shares. Jefferies Financial Grp has invested 0.1% in Aqua America, Inc. (NYSE:WTR). Bright Rock Capital Lc holds 132,800 shares. South Dakota Invest Council stated it has 0.01% of its portfolio in Aqua America, Inc. (NYSE:WTR). Wells Fargo & Mn reported 591,767 shares or 0.01% of all its holdings. M&T Savings Bank accumulated 98,400 shares. Paloma Prtn reported 0% in Aqua America, Inc. (NYSE:WTR). Pennsylvania Trust holds 0.12% in Aqua America, Inc. (NYSE:WTR) or 75,979 shares. Inr Advisory Svcs Ltd Liability Corp has 862 shares. Folger Nolan Fleming Douglas Capital Management holds 0.76% or 148,045 shares in its portfolio. Jefferies Grp Incorporated Ltd Llc, a New York-based fund reported 16,279 shares.

The stock of Aqua America Inc (NYSE:WTR) registered an increase of 3.89% in short interest. WTR’s total short interest was 5.98 million shares in September as published by FINRA. Its up 3.89% from 5.76M shares, reported previously. With 434,500 shares average volume, it will take short sellers 14 days to cover their WTR’s short positions. The short interest to Aqua America Inc’s float is 3.37%.

The stock increased 0.50% or $0.19 during the last trading session, reaching $38.02. About 560,253 shares traded or 20.08% up from the average. Aqua America, Inc. (NYSE:WTR) has risen 10.66% since September 16, 2017 and is uptrending. It has underperformed by 4.96% the S&P500.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has market cap of $6.76 billion. It offers water and wastewater services through operating and maintenance contracts with municipal authorities and other parties. It has a 27.35 P/E ratio. The firm also provides water and wastewater line repair services, and protection solutions to households; and non-utility raw water supply services for firms in the natural gas drilling industry.

Aqua America, Inc. (NYSE:WTR) Ratings Chart

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