Investors are feeling more bullish on shares of the company recently looking at the decrease in short interest. The company had a fall in short interest from September 29, 2017 to October 13, 2017 of -62.54%. Short shares decreased 4,828 over that period. The days to cover decreased to 0.0 and the percentage of shorted shares was 0.00% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (AMBCW). As of the end of the quarter Berson & Corrado Investment Advisors, LLC had acquired a total of 2,750 shares growing its stake by 4.7%. The value of the company’s investment in N/A went from $497,000 to $500,000 increasing 0.6% quarter over quarter.
The company is up since yesterday’s close of $0.00.
Ambac Financial Group, Inc. does not have significant operations. The company intends on exploring new business opportunities. Previously, it provided financial guarantee insurance policies and credit derivative contracts; and financial and investment products, including investment agreements, funding conduits, and interest rate swaps principally to the clients of its financial guarantee business. The company was founded in 1971 and is headquartered in New York, New York..Advertisement