It is trading at $41.51 marginally over $38.42, the stock’s 50 day moving average and quite a bit higher than the 200 day moving average of $37.20. The 50 day moving average went up by +8.05% and the 200 day average was up $4.31. INTL FCStone Inc. shares had a trading volume of 112K on Tuesday. Shares saw a steep increase in trading volume of 52.29% over the normal average daily volume.
Traders are feeling more bullish on INTL FCStone Inc. of late if you watch the fall in short interest. The stock had a fall in short interest of -3.28% as of the latest report on October 13, 2017. Short interest fell 4,122 over that period. Days to cover decreased from 2.0 to 2.0 and the percentage of shorted shares was 0.01% on October 13.
These funds have shifted positions in (INTL). As of quarter end First Trust Advisors Lp had acquired 263 shares growing its stake by 2.2%. The value of the investment in INTL FCStone Inc. went from $456,000 to $473,000 a change of 3.7% since the last quarter. As of the end of the quarter Nationwide Fund Advisors had sold a total of 400 shares trimming its holdings by 1.7%. The value of the total investment in INTL FCStone Inc. decreased from $868,000 to $866,000 a change of $2,000 quarter to quarter.
Steinberg Global Asset Management bolstered its stake by buying 500 shares an increase of 3.4% from 06/30/2017 to 09/30/2017. Steinberg Global Asset Management currently owns 15,400 shares worth $590,000. The value of the position overall is up by 4.8%. As of quarter end Aperio Group, LLC had disposed of a total of 64 shares trimming its position 1.2%. The value of the company’s investment in INTL FCStone Inc. went from $202,000 to $202,000 decreasing 0.0% for the reporting period.
INTL FCStone Inc.’s P/E ratio is 16.74 and market capitalization is 777.03M.
INTL FCStone Inc., launched on October 26, 1987, is a financial services organization. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Company focuses on the development of financial services in commodities, securities, global payments, foreign exchange and other markets. The Business’s services include risk management advisory services for commercial customers; execution of listed futures and options on futures contracts on commodity exchanges; structured over-the-counter (OTC) products in a range of commodities; physical trading and hedging of precious and base metals and select other commodities; trading of approximately 150 foreign currencies; market-making in international equities; fixed income, and debt origination and asset management. The Business’s clients include producers, processors and end users of physical commodities; commercial counterparties who are end users of its products and services; governmental and non-governmental organizations, and commercial banks, asset managers, insurance companies, brokers, institutional investors and investment banks..