Is Craft Brew Alliance Inc (NASDAQ:BREW)’s Fuel Running High? Reports Show Less Sellers

May 18, 2018 - By Vivian Currie

Investors sentiment increased to 1.14 in 2017 Q4. Its up 0.14, from 1 in 2017Q3. It increased, as 6 investors sold Craft Brew Alliance, Inc. shares while 23 reduced holdings. 14 funds opened positions while 19 raised stakes. 6.37 million shares or 0.76% more from 6.32 million shares in 2017Q3 were reported.
Usca Ria Lc holds 11,200 shares. 72,000 are held by Manatuck Hill Partners Limited Com. Royal Bancorporation Of Canada stated it has 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Northern Corporation has invested 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). 80,100 were accumulated by Wedge Capital L Lp Nc. Advisory Network Lc invested in 0% or 29 shares. Sei Investments reported 46 shares or 0% of all its holdings. Ameritas Investment Prtnrs Inc stated it has 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Schwab Charles Mgmt Inc reported 23,500 shares. Raymond James Fincl Advsrs holds 0% or 19,097 shares in its portfolio. Moreover, Gsa Cap Ptnrs Ltd Liability Partnership has 0.03% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW). State Common Retirement Fund stated it has 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Savings Bank Of Montreal Can holds 0% or 1,949 shares. 11,342 are held by Rhumbline Advisers. Raymond James And owns 171,568 shares for 0.01% of their portfolio.

Since January 11, 2018, it had 2 insider buys, and 0 selling transactions for $5,611 activity.

The stock of Craft Brew Alliance Inc (NASDAQ:BREW) registered a decrease of 6.09% in short interest. BREW’s total short interest was 484,500 shares in May as published by FINRA. Its down 6.09% from 515,900 shares, reported previously. With 76,100 shares average volume, it will take short sellers 6 days to cover their BREW’s short positions. The short interest to Craft Brew Alliance Inc’s float is 5.04%.

The stock increased 0.79% or $0.15 during the last trading session, reaching $19.1. About 12,720 shares traded. Craft Brew Alliance, Inc. (NASDAQ:BREW) has risen 41.00% since May 18, 2017 and is uptrending. It has outperformed by 29.45% the S&P500.

Craft Brew Alliance, Inc. brews and sells craft beers and ciders under the Kona, Widmer Brothers, Redhook, Omission, and Square Mile brand names in the United States. The company has market cap of $368.82 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It has a 38.98 P/E ratio. The firm sells its beers directly to clients in draft, cans, and bottles at restaurants, bars, and liquor stores; and in cans and bottles at supermarkets, warehouse clubs, convenience stores, and drug stores, as well as directly to clients at its brewpubs and breweries.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Ratings Coverage

Among 3 analysts covering Craft Brew Alliance (NASDAQ:BREW), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Craft Brew Alliance had 4 analyst reports since December 6, 2017 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Monday, February 5. The rating was maintained by Citigroup with “Neutral” on Tuesday, February 6. The firm has “Hold” rating given on Friday, May 11 by Stifel Nicolaus.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Seekingalpha.com which released: “Craft Brew Alliance: Of Treasured Memories And Financials” on May 10, 2018, also Seekingalpha.com with their article: “Margins improve at Craft Brew Alliance” published on May 10, 2018, Globenewswire.com published: “Detailed Research: Economic Perspectives on Craft Brew Alliance, Herc, Diplomat Pharmacy, Western Gas Partners …” on April 23, 2018. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Streetinsider.com and their article: “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f” published on May 15, 2018 as well as Businesswire.com‘s news article titled: “Craft Brew Alliance Releases 2017 Annual Sustainability Highlights” with publication date: April 25, 2018.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Institutional Positions Chart

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