MMA Capital Holdings Inc (NASDAQ:MMAC) Short Interest Up 46.2% in June
MMA Capital Holdings Inc (NASDAQ:MMAC) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 17,100 shares, a growth of 46.2% from the May 30th total of 11,700 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 20,200 shares, the short-interest ratio is presently 0.8 days.
A hedge fund recently bought a new stake in MMA Capital stock. Tibra Equities Europe Ltd acquired a new stake in MMA Capital Holdings Inc (NASDAQ:MMAC) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,513 shares of the financial services provider’s stock, valued at approximately $318,000. Tibra Equities Europe Ltd owned 0.18% of MMA Capital at the end of the most recent reporting period. 12.13% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ MMAC traded down $0.21 during trading hours on Thursday, hitting $32.09. The company’s stock had a trading volume of 7,200 shares, compared to its average volume of 15,391. The stock has a fifty day moving average of $33.02. MMA Capital has a twelve month low of $20.02 and a twelve month high of $35.50. The company has a debt-to-equity ratio of 0.66, a current ratio of 28.03 and a quick ratio of 9.49.
About MMA Capital
MMA Capital Holdings, Inc invests in debt associated with renewable energy infrastructure and real estate sectors. Its energy capital portfolio invests in loans that finance renewable energy projects in North America. The company was formerly known as MMA Capital Management, LLC and changed its name to MMA Capital Holdings, Inc in January 2019.
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