What’s Next for Mdu Resources Group Incorporated (NYSE:MDU) After Having Less Shares Shorted?

February 15, 2018 - By Linda Rogers

 What's Next for Mdu Resources Group Incorporated (NYSE:MDU) After Having Less Shares Shorted?

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.12, from 1.04 in 2017Q2. It increased, as 25 investors sold MDU Resources Group, Inc. shares while 84 reduced holdings. 37 funds opened positions while 89 raised stakes. 121.98 million shares or 0.14% less from 122.15 million shares in 2017Q2 were reported.
Qs Investors Limited Liability reported 0% of its portfolio in MDU Resources Group, Inc. (NYSE:MDU). Viking Fund Management holds 0.5% of its portfolio in MDU Resources Group, Inc. (NYSE:MDU) for 120,000 shares. Deutsche Bancorporation Ag owns 0% invested in MDU Resources Group, Inc. (NYSE:MDU) for 173,108 shares. Ahl Prtn Ltd Liability Partnership accumulated 438,055 shares. Country Club Trust Comm Na stated it has 100,000 shares or 0.36% of all its holdings. Quantbot Tech Limited Partnership has invested 0.03% in MDU Resources Group, Inc. (NYSE:MDU). City stated it has 0.35% in MDU Resources Group, Inc. (NYSE:MDU). Aqr Cap Mgmt Ltd accumulated 181,105 shares. South Dakota Invest Council accumulated 50,900 shares. Da Davidson And holds 45,370 shares or 0.02% of its portfolio. Glob X Mngmt Lc invested 0.01% in MDU Resources Group, Inc. (NYSE:MDU). Liberty Mutual Gp Asset Mngmt Inc invested in 0.07% or 51,839 shares. 192,370 were reported by Mairs And Power. Wellington Grp Limited Liability Partnership invested in 27,175 shares. Hanson Mcclain has invested 0% of its portfolio in MDU Resources Group, Inc. (NYSE:MDU).

The stock of Mdu Resources Group Incorporated (NYSE:MDU) registered a decrease of 1.53% in short interest. MDU’s total short interest was 1.75 million shares in February as published by FINRA. Its down 1.53% from 1.78M shares, reported previously. With 755,000 shares average volume, it will take short sellers 2 days to cover their MDU’s short positions. The short interest to Mdu Resources Group Incorporated’s float is 0.91%.

The stock increased 0.61% or $0.165 during the last trading session, reaching $27.385. About 401,987 shares traded. MDU Resources Group, Inc. (NYSE:MDU) has risen 22.88% since February 15, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company has market cap of $5.35 billion. The firm operates through Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services divisions. It has a 23.27 P/E ratio. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming.

MDU Resources Group, Inc. (NYSE:MDU) Ratings Coverage

Among 5 analysts covering MDU Resources (NYSE:MDU), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. MDU Resources had 8 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by Argus Research on Monday, February 13. The firm has “Buy” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The company was upgraded on Tuesday, May 31 by Argus Research.

More news for MDU Resources Group, Inc. (NYSE:MDU) were recently published by: Prnewswire.com, which released: “Quotidian Technical Highlights on Selected General Building Materials Stocks …” on February 14, 2018. Nasdaq.com‘s article titled: “MDU Resources (MDU) Beats on Q4 Earnings, Issues ’18 View” and published on February 08, 2018 is yet another important article.

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