Bldrs Dev Mkts 100 (NASDAQ:ADRD).
Morgan Stanley reports that it increased its investment in Bldrs Dev Mkts 100 by 5.4% in the quarter ending 09/30/2017. Its stake stood at $432,000 an increase of $39,000 as of the end of the quarter.
The following firms have recently changed their position in ADRD. As of the end of the quarter Raymond James Financial Services Advisors, Inc. had disposed of a total of 974 shares trimming its stake by 5.4%. The value of the company’s investment in Bldrs Dev Mkts 100 decreased from $2,540,000 to $2,341,000 a change of $199,000 for the reporting period. As of quarter end Morgan Stanley had bought 974 shares growing its position 5.4%. The value of the investment in (ADRD) went from $393,000 to $432,000 a change of 9.9% quarter over quarter.
Morgan Stanley grew its ownership by buying 13,502 shares an increase of 11.6%. Morgan Stanley owns 18,905 shares valued at $432,000. The value of the position overall is up by 9.9%. Advisor Group, Inc. divested its position by selling 117 shares a decrease of 40.3% from 06/30/2017 to 09/30/2017. Advisor Group, Inc. claims 173 shares with a value of $4,000. The total value of its holdings decreased 33.3%.
As of the end of the quarter Wells Fargo & Company/mn had sold a total of 393 shares trimming its holdings by 9.4%. The value in dollars went from $92,000 to $87,000 decreasing 5.4% quarter to quarter.
The company is so far trading up since yesterday’s close of 22.64. The most current P/E ratio is N/A and market cap is 64.09M. Traders are a little more bearish on Bldrs Dev Mkts 100 recently considering the rise in short interest. The company recorded a rise in short interest of 79.03% between September 29, 2017 and October 13, 2017. Short shares grew 3,248 over that period. With short interest at 7,358 and short average daily volume at 3,362, days to cover is 2.0 and the short interest percentage is 0.00% as of October 13.