Avenue Income Credit Strategies (NYSE:ACP).
Millennium Management LLC reports that it bought 2,131 shares last quarter increasing its stake in Avenue Income Credit Strategies (ACP) by 16.6%. Its stake was worth $221,000 an increase of 24.2% as of quarter end.
The following firms have recently changed their position in ACP. As of the end of the quarter Citigroup Inc had bought 3,086 shares growing its stake by 8,817.1%. The value in dollars increased from $0 to $46,000 a change of inf% quarter over quarter. Raymond James & Associates trimmed its investment by shedding 3,221 shares a decrease of 3.9%. Raymond James & Associates now holds 79,502 shares with a value of $1,173,000. The value of the position overall is up by 1.9%.
As of quarter end Morgan Stanley had disposed of a total of 25,164 shares trimming its position 97.5%. The value of the company’s investment in Avenue Income Credit Strategies went from $359,000 to $9,000 decreasing 97.5% quarter to quarter.
The company is up from yesterday’s close of 13.39. Avenue Income Credit Strategies’s P/E ratio is N/A and market capitalization is 178.55M. Short traders are more bullish on shares of Avenue Income Credit Strategies as inferred by the motion in short interest. The company realized a fall in short interest of -11.18% as of the latest report on October 31, 2017. Short interest fell 15,551 over that period. The short-interest ratio decreased to 2.0 and the percentage of shorted shares was 0.01% on October 31.