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Akanthos Capital Management Has Cut Mcdermott Intl (MDR) Holding; Shorts at Scana (SCG) Raised By 10.78%

Scana Corporation (NYSE:SCG) had an increase of 10.78% in short interest. SCG’s SI was 5.00M shares in February as released by FINRA. Its up 10.78% from 4.52 million shares previously. With 2.51 million avg volume, 2 days are for Scana Corporation (NYSE:SCG)’s short sellers to cover SCG’s short positions. The SI to Scana Corporation’s float is 3.51%. The stock increased 1.34% or $0.5 during the last trading session, reaching $37.71. About 1.51 million shares traded. SCANA Corporation (NYSE:SCG) has declined 4.13% since February 18, 2017 and is downtrending. It has underperformed by 20.83% the S&P500.

Akanthos Capital Management Llc decreased Mcdermott Intl Inc (MDR) stake by 60.23% reported in 2017Q3 SEC filing. Akanthos Capital Management Llc sold 340,744 shares as Mcdermott Intl Inc (MDR)’s stock declined 18.27%. The Akanthos Capital Management Llc holds 225,000 shares with $1.64M value, down from 565,744 last quarter. Mcdermott Intl Inc now has $2.23 billion valuation. The stock increased 0.38% or $0.03 during the last trading session, reaching $7.85. About 4.11 million shares traded. McDermott International, Inc. (NYSE:MDR) has risen 47.07% since February 18, 2017 and is uptrending. It has outperformed by 30.37% the S&P500.

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.24, from 0.86 in 2017Q2. It is positive, as 53 investors sold SCANA Corporation shares while 128 reduced holdings. 60 funds opened positions while 139 raised stakes. 93.06 million shares or 0.20% less from 93.24 million shares in 2017Q2 were reported. Hanson Mcclain has 0% invested in SCANA Corporation (NYSE:SCG). 69,817 are held by Pictet Asset. Regions reported 0.02% in SCANA Corporation (NYSE:SCG). Daiwa invested 0% in SCANA Corporation (NYSE:SCG). Commonwealth Of Pennsylvania School Empls Retrmt Sys owns 11,623 shares. Numeric Investors Limited Liability Company has invested 0.01% in SCANA Corporation (NYSE:SCG). Bb&T Securities Limited Liability has 0.02% invested in SCANA Corporation (NYSE:SCG) for 33,869 shares. Highlander Cap Ltd Liability owns 400 shares for 0.01% of their portfolio. Focused Wealth Mgmt invested in 0.03% or 1,597 shares. Macquarie Grp invested 0% in SCANA Corporation (NYSE:SCG). Eaton Vance accumulated 10,515 shares. Caisse De Depot Et Placement Du Quebec holds 0.01% or 55,224 shares. Tiaa Cref Mgmt Limited Liability Co, New York-based fund reported 435,154 shares. 12,931 were accumulated by Ww Asset Mngmt. 1,995 were reported by Jolley Asset Management Ltd Liability Corporation.

Among 13 analysts covering SCANA (NYSE:SCG), 3 have Buy rating, 3 Sell and 7 Hold. Therefore 23% are positive. SCANA had 33 analyst reports since August 15, 2015 according to SRatingsIntel. The firm has “Hold” rating by Williams Capital Group given on Monday, September 18. The rating was maintained by Mizuho with “Hold” on Thursday, January 4. Guggenheim upgraded the stock to “Neutral” rating in Thursday, November 16 report. Bank of America initiated SCANA Corporation (NYSE:SCG) rating on Tuesday, October 24. Bank of America has “Hold” rating and $49.0 target. Guggenheim downgraded SCANA Corporation (NYSE:SCG) on Friday, July 28 to “Sell” rating. The stock has “Neutral” rating by Mizuho on Monday, August 28. The firm has “Hold” rating by Guggenheim given on Tuesday, January 2. The stock of SCANA Corporation (NYSE:SCG) has “Market Perform” rating given on Friday, January 5 by Wells Fargo. Williams Capital Group maintained the shares of SCG in report on Wednesday, September 27 with “Hold” rating. The stock of SCANA Corporation (NYSE:SCG) has “Neutral” rating given on Tuesday, February 14 by Mizuho.

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale clients in South Carolina. The company has market cap of $5.39 billion. It owns nuclear, coal, hydro, natural gas, biomass, and solar generating facilities. It has a 11.99 P/E ratio. The firm also purchases, sells, and transports natural gas; and offers energy-related services.

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.23, from 1.39 in 2017Q2. It fall, as 24 investors sold MDR shares while 72 reduced holdings. 36 funds opened positions while 75 raised stakes. 243.14 million shares or 1.18% less from 246.04 million shares in 2017Q2 were reported. Whittier Trust Com stated it has 314 shares. Franklin invested in 0.01% or 2.22 million shares. First Citizens Comml Bank & reported 19,030 shares. Prelude Mgmt Ltd owns 76,500 shares for 0.05% of their portfolio. Wells Fargo & Mn owns 378,068 shares or 0% of their US portfolio. Principal Finance Group Inc stated it has 0.02% of its portfolio in McDermott International, Inc. (NYSE:MDR). State Board Of Administration Of Florida Retirement Sys invested in 403,376 shares. Texas Permanent School Fund reported 0.02% of its portfolio in McDermott International, Inc. (NYSE:MDR). State Teachers Retirement Systems holds 0% of its portfolio in McDermott International, Inc. (NYSE:MDR) for 198,562 shares. Nordea Invest Ab owns 1.06 million shares. Grantham Mayo Van Otterloo Llc reported 0.02% of its portfolio in McDermott International, Inc. (NYSE:MDR). Great West Life Assurance Company Can stated it has 537,560 shares or 0.01% of all its holdings. Pub Sector Pension Investment Board stated it has 178,999 shares or 0.01% of all its holdings. Boston Limited Company reported 750,595 shares. Tci Wealth Advisors Incorporated owns 103 shares or 0% of their US portfolio.

Among 11 analysts covering McDermott International (NYSE:MDR), 4 have Buy rating, 1 Sell and 6 Hold. Therefore 36% are positive. McDermott International had 30 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by UBS on Friday, November 3 with “Neutral”. DA Davidson maintained it with “Neutral” rating and $4 target in Monday, March 14 report. The rating was maintained by Citigroup with “Neutral” on Wednesday, July 27. Credit Suisse downgraded McDermott International, Inc. (NYSE:MDR) rating on Monday, April 4. Credit Suisse has “Neutral” rating and $4.04 target. The stock of McDermott International, Inc. (NYSE:MDR) has “Sector Outperform” rating given on Thursday, May 25 by Howard Weil. As per Thursday, September 17, the company rating was maintained by Imperial Capital. Imperial Capital maintained McDermott International, Inc. (NYSE:MDR) on Thursday, September 3 with “Outperform” rating. The firm has “Neutral” rating by Credit Suisse given on Thursday, November 2. As per Tuesday, December 20, the company rating was upgraded by KeyBanc Capital Markets. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, August 23.

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