Walter Investment Management Corp. (WAC) Forms $0.86 Double Bottom; Shorts at REITMANS CANADA LTD A (RTMAF) Raised By 33.33%

Walter Investment Management Corp. (WAC) formed double bottom with $0.78 target or 9.00% below today’s $0.86 share price. Walter Investment Management Corp. (WAC) has $32.14 million valuation. The stock decreased 1.21% or $0.01 during the last trading session, reaching $0.86. About 272,160 shares traded. Walter Investment Management Corp. (NYSE:WAC) has declined 63.57% since December 23, 2016 and is downtrending. It has underperformed by 80.27% the S&P500.

REITMANS CANADA LTD A (OTCMKTS:RTMAF) had an increase of 33.33% in short interest. RTMAF’s SI was 1,200 shares in December as released by FINRA. Its up 33.33% from 900 shares previously. With 400 avg volume, 3 days are for REITMANS CANADA LTD A (OTCMKTS:RTMAF)’s short sellers to cover RTMAF’s short positions. It closed at $3.2096 lastly. It is down 0.00% since December 23, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 6 analysts covering Walter Investment Management Corp (NYSE:WAC), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. Walter Investment Management Corp had 10 analyst reports since September 1, 2015 according to SRatingsIntel. As per Monday, May 29, the company rating was maintained by Keefe Bruyette & Woods. The stock of Walter Investment Management Corp. (NYSE:WAC) earned “Hold” rating by Zacks on Tuesday, September 8. The company was upgraded on Thursday, May 11 by Wells Fargo. The firm has “Underperform” rating given on Tuesday, December 13 by Keefe Bruyette & Woods. Zacks downgraded Walter Investment Management Corp. (NYSE:WAC) on Tuesday, September 1 to “Hold” rating. The firm earned “Market Perform” rating on Monday, November 9 by Keefe Bruyette & Woods. On Wednesday, August 10 the stock rating was maintained by Barclays Capital with “Underweight”. The firm has “Underperform” rating given on Friday, November 6 by FBR Capital. The firm has “Neutral” rating by Credit Suisse given on Monday, March 7.

Investors sentiment decreased to 0.22 in 2017 Q3. Its down 0.28, from 0.5 in 2017Q2. It worsened, as 18 investors sold Walter Investment Management Corp. shares while 18 reduced holdings. 5 funds opened positions while 3 raised stakes. 14.39 million shares or 23.76% less from 18.87 million shares in 2017Q2 were reported. 284,399 are owned by Invesco. Millennium Ltd Llc, a New York-based fund reported 239,597 shares. Intl Group Inc accumulated 413 shares or 0% of the stock. Bnp Paribas Arbitrage Sa invested in 0% or 1,603 shares. Morgan Stanley owns 0% invested in Walter Investment Management Corp. (NYSE:WAC) for 12,031 shares. Moreover, Northern Trust Corp has 0% invested in Walter Investment Management Corp. (NYSE:WAC) for 94,883 shares. First Pacific Advisors Llc reported 221,049 shares. Geode Mgmt Llc owns 213,188 shares. 201 are held by Commercial Bank Of America De. Vanguard Group Incorporated Inc owns 944,421 shares for 0% of their portfolio. Citigroup Inc holds 4,700 shares or 0% of its portfolio. 2,657 were accumulated by Deutsche Financial Bank Ag. Federated Investors Pa reported 29,853 shares. Panagora Asset Mngmt invested 0% in Walter Investment Management Corp. (NYSE:WAC). Prelude Cap Mngmt Limited Liability Company holds 500 shares or 0% of its portfolio.

Reitmans Limited operates as a ladiesÂ’ specialty apparel retailer in Canada. The company has market cap of $199.25 million. It offers dresses, R essentials, cardigans, sweaters, capris, pants, tees and camis, blouses, jeans, skirts, comfort clothing, leggings, blazers and jackets, outerwear, maternity apparel, and accessories, as well as fashion products for men. It currently has negative earnings. The firm sells its products through Reitmans, Penningtons, Addition Elle, RW & CO., Thyme Maternity, and Hyba branded stores primarily in malls and retail power centers; and shop-in-shop boutiques in Babies 'R' Us locations, as well as e-commerce Websites.