What Will Happen to Barnwell Industries Inc (NYSEAMERICAN:BRN) Next? The Stock Has Decline in Shorts

May 18, 2018 - By Kurt Siggers

Investors sentiment increased to 2 in Q4 2017. Its up 1.67, from 0.33 in 2017Q3. It increased, as 0 investors sold Barnwell Industries, Inc. shares while 2 reduced holdings. 2 funds opened positions while 2 raised stakes. 890,006 shares or 0.10% less from 890,915 shares in 2017Q3 were reported.
Earnest Ptnrs Lc owns 1,000 shares. 37,754 were reported by Lsv Asset. Dimensional Fund Limited Partnership reported 421,340 shares or 0% of all its holdings. Blackrock accumulated 86,692 shares or 0% of the stock. Northern Tru Corporation holds 0% or 16,404 shares in its portfolio. Renaissance Lc holds 0% or 95,900 shares. Ingalls And Snyder Limited Liability has invested 0% in Barnwell Industries, Inc. (NYSEAMERICAN:BRN). Moreover, Acadian Asset Mngmt Limited Liability Corporation has 0% invested in Barnwell Industries, Inc. (NYSEAMERICAN:BRN) for 9,739 shares. Raymond James And Assocs stated it has 0% in Barnwell Industries, Inc. (NYSEAMERICAN:BRN). Geode Capital Ltd Liability Corp invested in 14,145 shares or 0% of the stock. Commercial Bank Of New York Mellon Corporation, New York-based fund reported 10,483 shares. California Employees Retirement Sys accumulated 25,200 shares. Vanguard Grp Inc has invested 0% in Barnwell Industries, Inc. (NYSEAMERICAN:BRN). Commercial Bank Of America Corp De has 0% invested in Barnwell Industries, Inc. (NYSEAMERICAN:BRN).

Since January 12, 2018, it had 3 insider buys, and 0 selling transactions for $13,657 activity. On Friday, January 12 Gardner Murray C bought $4,418 worth of Barnwell Industries, Inc. (NYSEAMERICAN:BRN) or 2,000 shares. 2,000 shares valued at $4,364 were bought by KINZLER ALEXANDER C on Thursday, February 15.

The stock of Barnwell Industries Inc (NYSEAMERICAN:BRN) registered a decrease of 31.25% in short interest. BRN’s total short interest was 4,400 shares in May as published by FINRA. Its down 31.25% from 6,400 shares, reported previously. With 1,800 shares average volume, it will take short sellers 2 days to cover their BRN’s short positions. The short interest to Barnwell Industries Inc’s float is 0.12%.

The stock decreased 0.58% or $0.01 during the last trading session, reaching $1.7. About 112 shares traded. Barnwell Industries, Inc. (NYSEAMERICAN:BRN) has declined 7.44% since May 18, 2017 and is downtrending. It has underperformed by 18.99% the S&P500.

Barnwell Industries, Inc., through its subsidiaries, acquires, develops, produces, and sells oil and natural gas in Canada. The company has market cap of $14.07 million. The firm operates through four divisions: Oil and Natural Gas, Land Investment, Contract Drilling, and Residential Real Estate. It currently has negative earnings. It holds working interests in oil and natural gas properties located in the Progress area of Alberta, Canada; and investments in non-producing holdings in the provinces of Saskatchewan and British Columbia.

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