What’s Ahead for Ascent Capital Group Inc – Series A (NASDAQ:ASCMA) After More Shorted Shares?

September 16, 2018 - By Margaret Guttierez

Investors sentiment decreased to 0.66 in 2018 Q2. Its down 0.22, from 0.88 in 2018Q1. It turned negative, as 23 investors sold Ascent Capital Group, Inc. shares while 21 reduced holdings. 19 funds opened positions while 10 raised stakes. 8.46 million shares or 17.32% less from 10.23 million shares in 2018Q1 were reported.
Aegon Usa Inv Mgmt Ltd invested 0.32% in Ascent Capital Group, Inc. (NASDAQ:ASCMA). Barclays Public Ltd Liability Com holds 0% or 1,157 shares in its portfolio. Vanguard Group Inc holds 0% in Ascent Capital Group, Inc. (NASDAQ:ASCMA) or 465,893 shares. Lmr Ptnrs Llp has 0.01% invested in Ascent Capital Group, Inc. (NASDAQ:ASCMA) for 39,158 shares. Baystate Wealth Management Limited Liability stated it has 7 shares or 0% of all its holdings. Gru One Trading Lp has 0% invested in Ascent Capital Group, Inc. (NASDAQ:ASCMA) for 1,000 shares. Deutsche Commercial Bank Ag invested in 0% or 4,333 shares. Highlander Mgmt Ltd Liability Corporation invested in 1 shares or 0% of the stock. Federated Invsts Inc Pa holds 0% or 361 shares in its portfolio. Ironwood Limited Company holds 27,074 shares. 78,781 were reported by Clearbridge Ltd Liability. Moreover, Paloma Prtnrs Management has 0% invested in Ascent Capital Group, Inc. (NASDAQ:ASCMA) for 53,700 shares. Staley Capital Advisers holds 0.06% or 269,090 shares. Meeder Asset Mngmt Incorporated holds 2,011 shares or 0% of its portfolio. Northern Tru holds 0% or 35,809 shares.

The stock of Ascent Capital Group Inc – Series A (NASDAQ:ASCMA) registered an increase of 3.17% in short interest. ASCMA’s total short interest was 1.30 million shares in September as published by FINRA. Its up 3.17% from 1.26 million shares, reported previously. With 97,300 shares average volume, it will take short sellers 13 days to cover their ASCMA’s short positions. The short interest to Ascent Capital Group Inc – Series A’s float is 16.59%.

The stock decreased 6.31% or $0.07 during the last trading session, reaching $1.04. About 51,202 shares traded. Ascent Capital Group, Inc. (NASDAQ:ASCMA) has declined 89.64% since September 16, 2017 and is downtrending. It has underperformed by 105.26% the S&P500.

Ascent Capital Group, Inc., through its subsidiary, Monitronics International, Inc., provides security alarm monitoring and related services to residential and business subscribers in the United States and Canada. The company has market cap of $13.08 million. The firm provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises. It currently has negative earnings. It also offers home automation services, including remote activation and control of security systems, support for video monitoring, flood sensors, automated garage door and door lock capabilities, and thermostat integration; hands-free two-way interactive voice communication between its monitoring center and customers; and customer service and technical support related to home monitoring systems and HomeTouch.

More important recent Ascent Capital Group, Inc. (NASDAQ:ASCMA) news were published by: Benzinga.com which released: “52 Biggest Movers From Friday” on September 10, 2018, also Nasdaq.com published article titled: “Monitronics International and Ascent Capital Group Announce Extension of Early Tender Time and Withdrawal …”, Benzinga.com published: “44 Stocks Moving In Friday’s Mid-Day Session” on September 07, 2018. More interesting news about Ascent Capital Group, Inc. (NASDAQ:ASCMA) was released by: Globenewswire.com and their article: “Monitronics International and Ascent Capital Group Announce Exchange Offer” with publication date: August 31, 2018.

Ascent Capital Group, Inc. (NASDAQ:ASCMA) Institutional Positions Chart

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