Pacific Ethanol, Inc. (PEIX) Sees Significant Drop in Short Interest

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19 August, 2017

The company's consensus rating on Reuter's scale improved from 1.2 to 1.5 during a month. The Firm operates through four divisions: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. It now has negative earnings. The Company markets all the ethanol and co-products produced at its plants as well as ethanol produced by third parties. Pacific Ethanol Inc now has $204.47M valuation. About 71,373 shares traded. It was reported on Aug, 18 by Barchart.com. During the same period in the previous year, the company posted $0.11 earnings per share. ValuEngine raised Pacific Ethanol from a "sell" rating to a "hold" rating in a research report on Tuesday, June 27th. Therefore 100% are positive. Paloma Partners Management Co owned 0.11% of Pacific Ethanol as of its most recent filing with the SEC. Also, the current price highlights a discount of 50.04% to analysts' high consensus price target. Pacific Ethanol had 9 analyst reports since October 8, 2015 according to SRatingsIntel. The rating was maintained by H.C. Wainwright on Wednesday, June 28 with "Buy". H.C. Wainwright maintained it with "Buy" rating and $1400 target in Wednesday, June 28 report. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2017/08/15/bank-of-new-york-mellon-corp-buys-9575-shares-of-pacific-ethanol-inc-peix-updated-updated.html. Stifel Nicolaus maintained the stock with "Hold" rating in Monday, January 23 report. Cowen and Company set a $13.00 price objective on shares of Pacific Ethanol and gave the company a "buy" rating in a research note on Saturday, July 29th. The rating was maintained by Roth Capital with "Buy" on Friday, July 28. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and OR, OR the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States. The company has market cap of $3.31 billion.

Campbell Soup Company is a food company, which makes and markets food products. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and OR, OR the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States.

Investors sentiment increased to 1.85 in Q4 2016. Its up 0.17, from 1.68 in 2016Q3. Vanguard Group Inc. raised its position in shares of Pacific Ethanol by 29.4% in the first quarter. 32 funds opened positions while 42 raised stakes. The institutional investor bought 46,463 shares of the oil and gas company's stock, valued at approximately $319,000. Citadel Limited Company holds 41,091 shares or 0% of its portfolio. Zacks Investment Research upgraded shares of Pacific Ethanol from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 10th. State Of New Jersey Common Pension Fund D holds 0.03% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 209,726 shares. Morgan Stanley owns 288,762 shares. Moreover, Dimensional Fund Advsr LP has 0.01% invested in Pacific Ethanol Inc (NASDAQ:PEIX). Foundry Partners Llc, a Minnesota-based fund reported 488,675 shares.#img1#. New York State Common Retirement Fund accumulated 22,500 shares. The Qs Investors Llc holds 154,660 shares with $1.47M value, up from 103,460 last quarter. Gotham Asset Mngmt Limited Liability stated it has 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX). Northern Corporation holds 0% or 551,835 shares in its portfolio. United Asset Strategies Inc. owns 368,309 shares or 1.54% of their U.S. portfolio.

Since March 15, 2017, it had 0 insider buys, and 1 insider sale for $9.51 million activity. Institutional investors own 67.29% of the company's stock.

Ratings analysis reveals 0 of Century Aluminum's analysts are positive. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. CPB was included in 5 notes of analysts from August 26, 2016. About 105,304 shares traded. Century Aluminum Co (CENX) has risen 116.20% since August 18, 2016 and is uptrending. It has outperformed by 107.65% the S&P500.

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