Shares of the company are trading at $21.57 a tad above the 50 day moving average which is $20.39 and marginally over the 200 day moving average of $20.66. The 50 day moving average went up $1.18 or +5.79% and the 200 day average moved up $0.91. Atlantica Yield plc – Ordinary shares had a trading volume of 888K in the last trading session. Volume was up 32.06% over the stocks average daily volume.
Traders are feeling more bullish on the company if you evaluate the fall in short interest. The company experienced a fall in short interest between September 15, 2017 and September 29, 2017 of -17.69%. Short interest fell from 715,874 to 589,229 over that timeframe. With short interest at 589,229 and short average daily volume at 347,146, days to cover is 2.0 and the short interest percentage is 0.01% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (ABY). Ecofin Ltd augmented its stake by buying 931,861 shares an increase of 101.1%. Ecofin Ltd currently owns 1,853,905 shares valued at $36,522,000. The total value of its holdings increased 85.4%. Cutler Group LP bolstered its investment by buying 2,325 shares an increase of 387.5% from 06/30/2017 to 09/30/2017. Cutler Group LP controls 2,925 shares with a value of $57,000. The value of the position overall is up by inf%.
Advisory Services Network, LLC downsized its position by selling 68 shares a decrease of 0.7% as of 09/30/2017. Advisory Services Network, LLC now holds 10,277 shares worth $202,000. The total value of its holdings decreased 8.6%. Wealthtrust-arizona, LLC grew its holdings by buying 291 shares an increase of 38.7% in the quarter. Wealthtrust-arizona, LLC claims 1,043 shares valued at $21,000. The total value of its holdings increased 31.3%.
The company is trading down from yesterday’s close of 21.76. Additionally Atlantica Yield plc – Ordinary recently declared a dividend that was paid on Fri Sep 15, 2017. The dividend payment was $0.260 per share for the quarter or $1.04 annualized. The dividend yield was $4.78. The ex-dividend date was set for Tuesday the 29th of August 2017.
Atlantica Yield plc – Ordinary ‘s P/E ratio is 69.58 and market cap is 2.16B. As of the last earnings report the EPS was $0.31 and is projected to be $0.40 for the current year with 100,217,000 shares outstanding. Next quarter’s EPS is forecasted to be $-0.11 with next year’s EPS projected to be $0.69.
Atlantica Yield plc, formerly Abengoa Yield plc, launched on December 17, 2013, is a total return company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets, focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil and Uruguay) and Europe, Middle East and Africa (Spain, Algeria and South Africa). The Business’s segments include North America, South America and EMEA. The Company operates in business sectors, including renewable energy, conventional power, electric transmission lines and water. As of December 31, 2016, the Company owned or had interests in 21 assets, comprising 1,442 megawatt (MW) of renewable energy generation, 300 MW of conventional power generation, 1,099 miles of electric transmission lines, as well as an exchangeable preferred equity investment in Abengoa Concessoes Brasil Holding S.A. (ACBH)..