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Gendell Jeffrey L Has Cut Deutsche Bank Ag (DB) Position By $1.57 Million; W&T Offshore (WTI) Sellers Increased By 28.04% Their Shorts

Gendell Jeffrey L decreased Deutsche Bank Ag (DB) stake by 3.83% reported in 2017Q3 SEC filing. Gendell Jeffrey L sold 92,384 shares as Deutsche Bank Ag (DB)’s stock rose 9.91%. The Gendell Jeffrey L holds 2.32 million shares with $40.12M value, down from 2.41 million last quarter. Deutsche Bank Ag now has $35.66B valuation. The stock increased 0.75% or $0.14 during the last trading session, reaching $18.7. About 4.43 million shares traded or 8.06% up from the average. Deutsche Bank Aktiengesellschaft (NYSE:DB) has risen 27.06% since January 13, 2017 and is uptrending. It has outperformed by 10.36% the S&P500.

W&T Offshore Incorporated (NYSE:WTI) had an increase of 28.04% in short interest. WTI’s SI was 5.34M shares in January as released by FINRA. Its up 28.04% from 4.17M shares previously. With 1.71 million avg volume, 3 days are for W&T Offshore Incorporated (NYSE:WTI)’s short sellers to cover WTI’s short positions. The SI to W&T Offshore Incorporated’s float is 5.79%. The stock increased 1.67% or $0.08 during the last trading session, reaching $4.88. About 4.14M shares traded or 83.29% up from the average. W&T Offshore, Inc. (NYSE:WTI) has risen 11.39% since January 13, 2017 and is uptrending. It has underperformed by 5.31% the S&P500.

Investors sentiment increased to 1.94 in Q3 2017. Its up 0.28, from 1.66 in 2017Q2. It increased, as 13 investors sold W&T Offshore, Inc. shares while 19 reduced holdings. 30 funds opened positions while 32 raised stakes. 63.51 million shares or 3.99% less from 66.16 million shares in 2017Q2 were reported. Franklin Resources reported 10.00M shares. Macquarie Group Limited reported 288,459 shares. Systematic Management Lp holds 0.05% or 730,220 shares in its portfolio. Moreover, Cetera Advisor Limited Liability Company has 0% invested in W&T Offshore, Inc. (NYSE:WTI). California Pub Employees Retirement Systems holds 0.01% of its portfolio in W&T Offshore, Inc. (NYSE:WTI) for 1.47 million shares. Renaissance Technologies Lc owns 892,198 shares. Tiaa Cref Inv Mngmt Ltd Llc holds 667,533 shares or 0% of its portfolio. Parallax Volatility Advisers Lp holds 3,023 shares or 0% of its portfolio. Goldman Sachs Group stated it has 168,994 shares. Rhumbline Advisers holds 0% in W&T Offshore, Inc. (NYSE:WTI) or 107,542 shares. The New York-based Tocqueville Asset Management Limited Partnership has invested 0.01% in W&T Offshore, Inc. (NYSE:WTI). 1.54 million were accumulated by State Street. Arrowstreet Capital Limited Partnership stated it has 28,169 shares. Ameritas Inv Prtnrs invested in 8,233 shares or 0% of the stock. First Quadrant Ltd Partnership Ca holds 315,193 shares.

Among 4 analysts covering W&T Offshore (NYSE:WTI), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. W&T Offshore had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Monday, August 17 by Iberia Capital Partners. Capital One downgraded the stock to “Underweight” rating in Tuesday, January 19 report. The stock has “Neutral” rating by Global Hunter Securities on Thursday, August 6. The firm earned “Underweight” rating on Monday, October 17 by Barclays Capital. The stock of W&T Offshore, Inc. (NYSE:WTI) has “Underweight” rating given on Wednesday, January 10 by Capital One. The firm has “Hold” rating by KLR Group given on Thursday, March 10.

Since December 18, 2017, it had 0 insider buys, and 2 sales for $133,631 activity. 29,000 shares were sold by GIBBONS JOHN D, worth $80,910. $52,721 worth of W&T Offshore, Inc. (NYSE:WTI) shares were sold by Schroeder Stephen L.

W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company has market cap of $672.57 million. It sells crude oil, natural gas liquids, and natural gas. It has a 9.53 P/E ratio. The firm holds working interests in approximately 54 offshore fields in federal and state waters.

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