Ashland Global Holdings Inc (NYSE:ASH) Sellers Increased By 5.7% Their Shorts As Of May 17, 2018

May 17, 2018 - By Catherine Diaz

Ashland Global Holdings Inc. (NYSE:ASH) Corporate Logo

During Q4 2017 the big money sentiment is 0. That’s change of 2017Q3’s as. 0 investors sold all, 1 reduced holdings as Ashland Global Holdings Inc. ratio is without change. 0 rose holdings while only 0 funds took holdings. Funds hold 42,964 shares thus 1.34% less from 2017Q3’s 43,549 shares.
Gemmer Asset Mgmt, California-based fund reported 133 shs. Alphamark Ltd Liability Co holds 106 shs. Fruth Investment Management holds 0.1% in Ashland Global Holdings Inc. (NYSE:ASH) or 3,200 shs. Bruce Company Inc has invested 0.39% in Ashland Global Holdings Inc. (NYSE:ASH). Novare has invested 0.18% in Ashland Global Holdings Inc. (NYSE:ASH).

Ashland Global Holdings Inc (NYSE:ASH) showed an increase of 5.7% in short interest. It was announced in May by FINRA the 3.70M short interest on ASH. The 3.50 million previous shares are up with 5.7%. Previous ASH’s position will need 5 days to recover. It has 775,600 average volume. Float short on Ashland Global Holdings Inc is 6%.

The stock increased 1.38% or $1.04 during the last trading session, reaching $76.51.Ashland Global Holdings Inc. is uptrending after having risen 15.02% since May 17, 2017. ASH has 947,734 volume or 11.25% up from normal. ASH outperformed by 3.47% the S&P500.

Ashland Global Holdings Inc. provides specialty chemical solutions worldwide.The firm is worth $4.77 billion. It operates through Specialty Ingredients, Performance Materials, and Valvoline divisions.Currently it has negative earnings. The firm provides products, technologies, and resources for solving formulation and product-performance challenges.

Ashland Global Holdings Inc. (NYSE:ASH) Ratings Coverage

In total 8 analysts cover Ashland Inc (NYSE:ASH). “Buy” rating has 7, “Sell” are 0, while 1 are “Hold”. 88% are bullish. With $87 highest and $74 lowest target Ashland Inc has $82 average target or 7.18% above the current ($76.51) price. 9 are the (NYSE:ASH)’s analyst reports since December 1, 2017 according to StockzIntelligence Inc. On Friday, December 1 SunTrust maintained Ashland Global Holdings Inc. (NYSE:ASH) rating. SunTrust has “Buy” rating and $83.0 target. In Monday, March 26 report Longbow upgraded the stock to “Buy” rating. On Tuesday, March 27 BMO Capital Markets initiated Ashland Global Holdings Inc. (NYSE:ASH) with “Buy” rating. On Wednesday, January 31 the firm has “Buy” rating given by Seaport Global. On Wednesday, January 31 Monness Crespi & Hardt downgraded the shares of ASH in report to “Neutral” rating. On Friday, March 23 the firm has “Outperform” rating by Credit Suisse given. On Tuesday, January 30 the rating was maintained by Jefferies with “Buy”. On Thursday, May 3 the firm earned “Overweight” rating by KeyBanc Capital Markets. On Wednesday, January 31 the rating was maintained by Credit Suisse with “Neutral”.

Another two news for Ashland Global Holdings Inc. (NYSE:ASH) were briefly released by: Seekingalpha.com on May 02, 2018 with title “Ashland Inc. 2018 Q2 – Results – Earnings Call Slides”. The other Streetinsider.com‘s article was titled “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” and released on May 15, 2018.

Ashland Global Holdings Inc. (NYSE:ASH) Analyst Ratings Chart

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