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Ingalls & Snyder Has Boosted By $981,040 Its Ardmore Shipping (ASC) Holding; Western Asset High Yield Defined Opportunity Fund (HYI)’s Sentiment Is 1.91

The stock increased 0.24% or $0.03 during the last trading session, reaching $14.73. About 8,425 shares traded. Western Asset High Yield Defined Opportunity Fund Inc. (HYI) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Ingalls & Snyder Llc increased Ardmore Shipping Corp (ASC) stake by 44.68% reported in 2017Q3 SEC filing. Ingalls & Snyder Llc acquired 122,630 shares as Ardmore Shipping Corp (ASC)’s stock rose 9.22%. The Ingalls & Snyder Llc holds 397,080 shares with $3.28 million value, up from 274,450 last quarter. Ardmore Shipping Corp now has $245.10M valuation. The stock increased 1.39% or $0.1 during the last trading session, reaching $7.3. About 29,654 shares traded. Ardmore Shipping Corporation (NYSE:ASC) has declined 14.35% since February 15, 2017 and is downtrending. It has underperformed by 31.05% the S&P500.

Rivernorth Capital Management Llc holds 1.03% of its portfolio in Western Asset High Yield Defined Opportunity Fund Inc. for 814,688 shares. Shaker Financial Services Llc owns 111,369 shares or 0.92% of their US portfolio. Moreover, Private Management Group Inc has 0.71% invested in the company for 864,351 shares. The Michigan-based Robinson Capital Management Llc has invested 0.52% in the stock. Saba Capital Management L.P., a New York-based fund reported 126,363 shares.

Ingalls & Snyder Llc decreased Pfizer Inc (NYSE:PFE) stake by 205,415 shares to 622,901 valued at $22.24M in 2017Q3. It also reduced Vanguard Index Fds (VNQ) stake by 3,688 shares and now owns 8,182 shares. Corcept Therapeutics Inc (NASDAQ:CORT) was reduced too.

Among 8 analysts covering Ardmore Shipping Corporation (NYSE:ASC), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Ardmore Shipping Corporation had 21 analyst reports since October 29, 2015 according to SRatingsIntel. As per Monday, August 7, the company rating was maintained by Jefferies. Stifel Nicolaus maintained the shares of ASC in report on Friday, July 7 with “Buy” rating. The stock has “Hold” rating by ABN Amro on Friday, July 1. The rating was maintained by Jefferies on Monday, September 11 with “Buy”. The stock of Ardmore Shipping Corporation (NYSE:ASC) earned “Speculative Buy” rating by Seaport Global on Thursday, November 5. The company was reinitiated on Wednesday, May 4 by Seaport Global. The stock of Ardmore Shipping Corporation (NYSE:ASC) earned “Buy” rating by Jefferies on Tuesday, May 30. As per Tuesday, December 15, the company rating was initiated by Deutsche Bank. The company was maintained on Monday, October 16 by Jefferies. The company was maintained on Thursday, November 2 by Morgan Stanley.

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