Hennessy Advisors Cm shares had a trading volume of 353 in the last trading session. Volume was down 95.12% under the stocks average daily volume.
Investors are a little more bearish on Hennessy Advisors Cm recently as shown by the motion in short interest. The company realized a rise in short interest of 20.89% as of October 13, 2017 from the last reporting period. Short interest increased from 2,082 to 2,517 over that timeframe. The short-interest ratio decreased to 0.0 and the short interest percentage is 0.00% as of October 13.
The following firms have recently changed their position in HNNA. As of the end of the quarter Denali Advisors LLC had bought 100 shares growing its stake by 135.1%. The value in dollars increased from $1,000 to $3,000 a change of $2,000 since the last quarter. As of quarter end Greatmark Investment Partners, Inc. had acquired a total of 2,200 shares growing its position 14.0%. The value of the investment in Hennessy Advisors Cm went from $239,000 to $277,000 a change of 15.9% quarter to quarter.
Dimensional Fund Advisors Lp grew its ownership by buying 13,475 shares an increase of 65.0%. Dimensional Fund Advisors Lp controls 34,197 shares worth $528,000. The value of the position overall is up by 67.6%. Wellington Management Group Llp expanded its position by buying 34,300 shares an increase of 18.4% in the quarter. Wellington Management Group Llp claims 220,439 shares with a value of $3,404,000. The total value of its holdings increased 20.5%.
The company is now down since yesterday’s close of 16.68. The P/E ratio is currently 8.51 and the market cap of the company is 127.71M. As of the last earnings report the EPS was $1.95 with 7.69M shares now outstanding.
Hennessy Advisors, Inc., launched on February 1, 1989, is an investment management company. The Business’s business activity is managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. The Company provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund’s portfolio, including the purchase, retention and disposition of portfolio securities in accordance with the Fund’s investment objectives, policies and restrictions; conducting investment research, and monitoring compliance with each fund’s investment restrictions and applicable laws and regulations. It also includes overseeing the selection and continued employment of sub-advisors and monitoring such sub-advisors’ investment performance and adherence to investment policies and compliance procedures, overseeing other service providers, maintaining public relations and marketing programs for each of the Funds, preparing and distributing regulatory reports, and overseeing distribution through third-party financial intermediaries. As of September 30, 2016, the Company managed 16 mutual funds that are categorized as Domestic Equity, Balanced and Fixed Income, or Sector and Specialty..