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Curtiss Wright Corporation (NYSE:CW) Has Increase in Shorts

December 10, 2017 - By Darrin Black

 Curtiss Wright Corporation (NYSE:CW) Has Increase in Shorts

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.56, from 1.44 in 2017Q1. It is negative, as 36 investors sold Curtiss-Wright Corporation shares while 77 reduced holdings. 25 funds opened positions while 75 raised stakes. 33.16 million shares or 1.83% less from 33.78 million shares in 2017Q1 were reported.
Jefferies Group Lc owns 0% invested in Curtiss-Wright Corporation (NYSE:CW) for 2,850 shares. Arizona State Retirement System reported 18,700 shares stake. Solaris Asset Mngmt Ltd Llc stated it has 1,080 shares or 0.06% of all its holdings. Salient Cap Advsr Ltd Liability Corp has invested 0.01% of its portfolio in Curtiss-Wright Corporation (NYSE:CW). Schwab Charles Inv Mgmt reported 0.05% stake. Legal And General Grp Public Limited Com has invested 0% of its portfolio in Curtiss-Wright Corporation (NYSE:CW). Ls Investment Limited Co stated it has 0.02% in Curtiss-Wright Corporation (NYSE:CW). State Board Of Administration Of Florida Retirement holds 21,490 shares. Moreover, Ameritas Inv has 0.08% invested in Curtiss-Wright Corporation (NYSE:CW). Pub Employees Retirement Sys Of Ohio stated it has 2,392 shares. 2,240 were accumulated by Burney. Geode Limited Liability accumulated 430,980 shares or 0.02% of the stock. Hartline has invested 0.17% in Curtiss-Wright Corporation (NYSE:CW). Great West Life Assurance Company Can owns 26,530 shares or 0.01% of their US portfolio. Truenorth Inc accumulated 28,894 shares.

The stock of Curtiss Wright Corporation (NYSE:CW) registered an increase of 11.19% in short interest. CW’s total short interest was 598,200 shares in December as published by FINRA. Its up 11.19% from 538,000 shares, reported previously. With 280,000 shares average volume, it will take short sellers 2 days to cover their CW’s short positions. The short interest to Curtiss Wright Corporation’s float is 1.36%.

The stock decreased 0.67% or $0.83 during the last trading session, reaching $122.31. About 109,369 shares traded. Curtiss-Wright Corporation (NYSE:CW) has risen 4.96% since December 10, 2016 and is uptrending. It has underperformed by 11.74% the S&P500.

Curtiss-Wright Corporation, together with its subsidiaries, designs, makes, and overhauls precision components, and engineered services and products primarily to the aerospace, defense, power generation, and general industrial markets worldwide. The company has market cap of $5.40 billion. The firm operates through three divisions: Commercial/Industrial, Defense, and Power. It has a 25.39 P/E ratio. The Commercial/Industrial segment offers industrial vehicle products, such as electronic throttle control devices and transmission shifters; sensors, controls and electro-mechanical actuation components, and utility systems used in commercial aircrafts; valves primarily to the industrial and naval defense markets; and surface technology services, including shot peening, laser peening, coatings, and advanced testing.

Curtiss-Wright Corporation (NYSE:CW) Ratings Coverage

Among 8 analysts covering Curtiss-Wright (NYSE:CW), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Curtiss-Wright had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 5. SunTrust maintained Curtiss-Wright Corporation (NYSE:CW) on Wednesday, October 18 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, July 31. On Friday, October 27 the stock rating was maintained by Wells Fargo with “Market Perform”. The rating was maintained by Stifel Nicolaus on Friday, October 27 with “Hold”. The stock of Curtiss-Wright Corporation (NYSE:CW) earned “Hold” rating by SunTrust on Thursday, January 19. The rating was downgraded by Bank of America to “Neutral” on Friday, November 11. The rating was downgraded by CL King on Friday, November 11 to “Neutral”. Deutsche Bank maintained Curtiss-Wright Corporation (NYSE:CW) on Friday, October 6 with “Buy” rating. The stock of Curtiss-Wright Corporation (NYSE:CW) has “Buy” rating given on Monday, June 5 by SunTrust.

More important recent Curtiss-Wright Corporation (NYSE:CW) news were published by: Nasdaq.com which released: “TriNet Group, Esterline Technologies, Curtiss-Wright, Elbit Systems and …” on November 24, 2017, also Streetinsider.com published article titled: “Form 8-K CURTISS WRIGHT CORP For: Dec 01”, Benzinga.com published: “Baird: With Its Segment Aligned, Curtiss-Wright Looks Poised For Growth” on December 05, 2017. More interesting news about Curtiss-Wright Corporation (NYSE:CW) was released by: Businesswire.com and their article: “Curtiss-Wright Announces $50 Million Share Repurchase Program for 2018” with publication date: November 30, 2017.

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