A Reversal for Neenah Paper Incorporated (NYSE:NP) Is Near. The Stock Has Decrease in Shorts

July 18, 2017 - By reb123z

 A Reversal for Neenah Paper Incorporated (NYSE:NP) Is Near. The Stock Has Decrease in Shorts

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.16, from 1.14 in 2016Q3. It dived, as 12 investors sold Neenah Paper, Inc. shares while 74 reduced holdings. 27 funds opened positions while 57 raised stakes. 14.54 million shares or 1.70% less from 14.79 million shares in 2016Q3 were reported.
Lord Abbett And Communications Llc owns 140,504 shares or 0.04% of their US portfolio. The United Kingdom-based Hsbc Public Ltd Com has invested 0% in Neenah Paper, Inc. (NYSE:NP). Denver Advsrs Limited Liability, a Colorado-based fund reported 17,480 shares. Mason Street Advsrs Limited Co, Wisconsin-based fund reported 3,660 shares. Blackrock Invest Management Ltd Liability, New Jersey-based fund reported 84,979 shares. New York State Teachers Retirement Systems accumulated 0.01% or 62,479 shares. Highbridge Limited Company stated it has 7,026 shares or 0.01% of all its holdings. Brown Advisory holds 550,130 shares. Texas Permanent School Fund has 12,216 shares for 0.01% of their portfolio. Airain reported 4,490 shares or 0.03% of all its holdings. 15,013 are owned by Aperio Gp Llc. Clarivest Asset Limited Liability has invested 0.14% in Neenah Paper, Inc. (NYSE:NP). Hilltop Holdg holds 0.06% or 2,388 shares. Moreover, Paradigm Asset Mngmt Com Ltd Liability Com has 0% invested in Neenah Paper, Inc. (NYSE:NP) for 1,600 shares. Geode Capital Mgmt Lc invested in 0% or 120,565 shares.

Since February 21, 2017, it had 0 buys, and 9 sales for $1.46 million activity. The insider Schertell Julie sold 1,219 shares worth $98,312. $56,658 worth of Neenah Paper, Inc. (NYSE:NP) was sold by Brownlee Larry Newton. On Friday, May 26 Racki Byron Jason sold $15,428 worth of Neenah Paper, Inc. (NYSE:NP) or 200 shares. Schwinn Armin had sold 3,416 shares worth $266,672. Erwin Sean T sold 3,000 shares worth $228,853. Heinrichs Steven S sold $454,476 worth of stock.

The stock of Neenah Paper Incorporated (NYSE:NP) registered a decrease of 14.02% in short interest. NP’s total short interest was 149,600 shares in July as published by FINRA. Its down 14.02% from 174,000 shares, reported previously. With 73,600 shares average volume, it will take short sellers 2 days to cover their NP’s short positions. The short interest to Neenah Paper Incorporated’s float is 0.91%.

It closed at $80 lastly. It is down 14.60% since July 18, 2016 and is uptrending. It has underperformed by 2.10% the S&P500.

Neenah Paper, Inc. is a producer of technical products and premium fine papers and packaging. The company has market cap of $1.36 billion. The Firm has two primary businesses: technical products business, and fine paper and packaging business. It has a 19.17 P/E ratio. The Company’s divisions consist of Technical Products, Fine Paper and Packaging, and Other.

More news for Neenah Paper, Inc. (NYSE:NP) were recently published by: Prnewswire.com, which released: “Neenah Paper Reports 2016 Fourth Quarter and Full Year Results” on February 15, 2017. Gurufocus.com‘s article titled: “Copper Rock Capital Partners, LLC Buys Neenah Paper Inc, VCA Inc, INC Research …” and published on July 06, 2017 is yet another important article.

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