Important Short Interest Filing: What’s in Heritage Insurance Holdings Incorporated (NYSE:HRTG) After Rise in Shorted Shares?

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Important Short Interest Filing: What’s in Heritage Insurance Holdings Incorporated (NYSE:HRTG) After Rise in Shorted Shares? insurance

Important Short Interest Filing: What’s in Heritage Insurance Holdings Incorporated (NYSE:HRTG) After Rise in Shorted Shares? insurance

The stock of Heritage Insurance Holdings Incorporated (NYSE:HRTG) registered an increase of 2.36% in short interest. HRTG’s total short interest was 1.88M shares in December as published by FINRA. Its up 2.36% from 1.83M shares, reported previously. With 127,200 shares average volume, it will take short sellers 15 days to cover their HRTG’s short positions. The short interest to Heritage Insurance Holdings Incorporated’s float is 7.15%. About 49,147 shares traded hands. Heritage Insurance Holdings Inc (NYSE:HRTG) has risen 10.23% since May 3, 2016 and is uptrending. It has outperformed by 3.38% the S&P500.

Heritage Insurance Holdings, Inc. is a property and casualty insurance holding company. The company has a market cap of $481.74 million. The Firm provides personal and commercial residential insurance. It has a 7.88 P/E ratio. Through its subsidiary, Heritage Property & Casualty Insurance Company, it provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance and commercial residential insurance in the state of Florida and North Carolina.

Out of 5 analysts covering Heritage Insurance Holdings (NYSE:HRTG), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Heritage Insurance Holdings has been the topic of 8 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Heritage Insurance Holdings Inc (NYSE:HRTG) has “Market Outperform” rating given on Tuesday, October 20 by JMP Securities. Wood maintained Heritage Insurance Holdings Inc (NYSE:HRTG) on Monday, June 13 with “Outperform” rating. The stock of Heritage Insurance Holdings Inc (NYSE:HRTG) earned “Outperform” rating by Wood on Tuesday, August 9. The firm has “Buy” rating by Citigroup given on Friday, August 7. The company was upgraded on Friday, September 23 by Sandler O’Neill.

Heritage Insurance Holdings, Inc. (Heritage Insurance), incorporated on December 30, 2013, is a property and casualty insurance holding company. The Firm provides personal and commercial residential insurance. Through its subsidiary, Heritage Property & Casualty Insurance Company (Heritage P&C), it provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance and commercial residential insurance in the state of Florida and North Carolina. The Firm is vertically integrated and controls or manages all aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. The Company’s primary products are personal and commercial residential insurance, which it offers only in Florida. It markets and writes personal lines voluntary policies through a network of approximately 1,400 independent agents. It has approximately 40,130 voluntary policies. It markets and writes commercial residential voluntary policies through a network of approximately 60 independent agents.

More notable recent Heritage Insurance Holdings Inc (NYSE:HRTG) news were published by: Prnewswire.com which released: “Heritage Insurance Holdings, Inc. Reports Financial Results for Third Quarter …” on November 08, 2016, also Marketwatch.com with their article: “Heritage Insurance Holdings Inc.” published on May 23, 2014, Prnewswire.com published: “Heritage Insurance Holdings, Inc. Provides Update to Hurricane Matthew Initial …” on October 10, 2016. More interesting news about Heritage Insurance Holdings Inc (NYSE:HRTG) were released by: Prnewswire.com and their article: “Heritage Insurance Holdings, Inc. Prepares for Hurricane Matthew and …” published on October 07, 2016 as well as Prnewswire.com‘s news article titled: “Heritage Insurance Announces Retirement of CFO Stephen Rohde, Appointment of …” with publication date: May 26, 2016.