Zions Bancorporation (NASDAQ:ZION) Shorted Shares Strengthened By 1.15%

June 29, 2018 - By Kevin Carney

Big Money Sentiment decreased to 0.93 in Q1 2018. It has change of 0.14, from 2017Q4’s 1.07. The ratio turned negative due to Zions Bancorporation positioning: 37 sold and 165 reduced. 66 funds amassed holdings and 122 increased holdings. Investors holded 181.93 million in 2017Q4 but now own 179.96 million shares or 1.09% less.
Campbell Invest Adviser Ltd Liability Corporation has invested 0.23% of its capital in Zions Bancorporation (NASDAQ:ZION). Moreover, Bp Public Ltd Co has 0.04% invested in Zions Bancorporation (NASDAQ:ZION) for 21,000 shs. Tru Department Mb Bank & Trust N A has invested 0.67% in Zions Bancorporation (NASDAQ:ZION). Moreover, Apg Asset Mngmt Nv has 0.01% invested in Zions Bancorporation (NASDAQ:ZION). Sumitomo Mitsui Asset Mngmt has 13,959 shs for 0.01% of their capital. Great West Life Assurance Can owns 0.02% invested in Zions Bancorporation (NASDAQ:ZION) for 136,186 shs. Alps Advsrs invested 0.01% of its capital in Zions Bancorporation (NASDAQ:ZION). Bancorporation Of Nova Scotia reported 116,015 shs stake. Koch Inc, a Kansas-based fund reported 8,457 shs. 12,583 are owned by Oppenheimer Asset Mngmt. D E Shaw & Commerce Inc stated it has 0.03% in Zions Bancorporation (NASDAQ:ZION). Gsa Cap Prtn Limited Liability Partnership has 25,601 shs for 0.07% of their capital. Public Employees Retirement Association Of Colorado stated it has 0.01% in Zions Bancorporation (NASDAQ:ZION). 41,465 were reported by Engineers Gate Manager L P. Sun Life Fincl accumulated 0% or 47 shs.

Zions Bancorporation registered $6.01 million net activity with 0 buys and 18 sales since January 31, 2018. 1,400 shs valued at $77,238 were sold by LAURSEN THOMAS E on Friday, April 27. On Tuesday, February 27 Linderman LeeAnne B also sold $58,296 worth of Zions Bancorporation (NASDAQ:ZION). $551,754 worth of Zions Bancorporation (NASDAQ:ZION) shs were sold by Morris Michael. 7,196 Zions Bancorporation (NASDAQ:ZION) shs with value of $387,649 were sold by Hume Alexander. 6,180 shs valued at $359,924 were sold by BLACKFORD DAVID E on Tuesday, May 22. 3,892 shs were sold by ALEXANDER BRUCE K, worth $219,213.

It was recorded an increase on Zions Bancorporation (NASDAQ:ZION)’s shares shorted with 1.15%. FINRA announced in June ZION’s total 25.44 million shares shorted. That’s 1.15% up from 25.15 million shares. Previous ZION’s position will need 10 days to recover. It has 2.46 million average volume. Zions Bancorporation float short is 13.07%.

ZION touched $53.76 during the last trading session after $0.59 change.Currently Zions Bancorporation is uptrending after 39.55% change in last June 29, 2017. ZION has 988,250 shares volume. ZION outperformed by 26.98% the S&P 500.

Zions Bancorporation, a financial holding company, provides a range of banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.The firm is valued at $10.60 billion. The firm offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related services and products; and residential mortgage servicing and lending.The P/E ratio is 17.45. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

Zions Bancorporation (NASDAQ:ZION) Ratings Coverage

In total 21 analysts cover Zions Bancorp (NASDAQ:ZION). “Buy” rating has 14, “Sell” are 1, while 6 are “Hold”. (NASDAQ:ZION) has 67% bullish analysts. 37 are the (NASDAQ:ZION)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, May 30. On Monday, January 8 the firm has “Buy” rating given by SunTrust. On Friday, April 27 Morgan Stanley maintained Zions Bancorporation (NASDAQ:ZION) rating. Morgan Stanley has “Equal-Weight” rating and $60 target. The stock rating was maintained by Sandler O’Neill with “Buy” on Tuesday, January 23. The company rating was upgraded by BMO Capital Markets on Tuesday, January 23. On Tuesday, February 27 the stock of Zions Bancorporation (NASDAQ:ZION) earned “Buy” rating by FBR Capital. On Thursday, March 15 Raymond James upgraded the shares of ZION in report to “Buy” rating. On Friday, March 23 the firm has “Hold” rating by BMO Capital Markets given. On Tuesday, January 23 FBR Capital maintained Zions Bancorporation (NASDAQ:ZION) with “Buy” rating. In Wednesday, February 14 report Bank of America maintained the stock with “Buy” rating.

There’s a substantial Zions Bancorporation (NASDAQ:ZION) news published by Fool.com. It’s an item titled: “3 Top Bank Stocks to Buy in June” on June 06, 2018.

Zions Bancorporation (NASDAQ:ZION) Institutional Investors Chart

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