Alliance California Municipal Income Fund, Inc. (AKP) At $13.60 Forms Top; Shorts at Cobiz Financial (COBZ) Raised By 6.8%

Cobiz Financial Incorporated (NASDAQ:COBZ) had an increase of 6.8% in short interest. COBZ’s SI was 986,600 shares in December as released by FINRA. Its up 6.8% from 923,800 shares previously. With 118,000 avg volume, 8 days are for Cobiz Financial Incorporated (NASDAQ:COBZ)’s short sellers to cover COBZ’s short positions. The SI to Cobiz Financial Incorporated’s float is 2.67%. The stock increased 0.20% or $0.04 during the last trading session, reaching $20.35. About 55,250 shares traded. CoBiz Financial Inc. (NASDAQ:COBZ) has risen 31.61% since December 29, 2016 and is uptrending. It has outperformed by 14.91% the S&P500.

Alliance California Municipal Income Fund, Inc. (AKP) formed multiple top with $14.82 target or 9.00% above today’s $13.60 share price. Alliance California Municipal Income Fund, Inc. (AKP) has $116.34M valuation. It closed at $13.6 lastly. It is up 7.93% since December 29, 2016 and is downtrending. It has underperformed by 24.63% the S&P500.

Investors sentiment decreased to 1.5 in 2017 Q3. Its down 0.27, from 1.77 in 2017Q2. It fall, as 6 investors sold CoBiz Financial Inc. shares while 26 reduced holdings. 14 funds opened positions while 34 raised stakes. 33.18 million shares or 1.10% more from 32.82 million shares in 2017Q2 were reported. Martin Co Incorporated Tn holds 111,009 shares. Elizabeth Park Cap Limited owns 617,958 shares or 4.71% of their US portfolio. Ftb Advsr Incorporated has 425 shares for 0% of their portfolio. 139,839 were accumulated by Teton Advsr. Grandeur Peak Global Advsrs Ltd Liability Corporation accumulated 35,500 shares. 40,422 were accumulated by Gabelli Funds Ltd Liability. First Mercantile Co owns 4,380 shares or 0.02% of their US portfolio. Keybank National Association Oh stated it has 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Bsw Wealth Partners holds 0.12% or 14,444 shares in its portfolio. Hsbc Holdg Plc accumulated 1.66M shares. Hartford Inv Mngmt Company accumulated 174,445 shares. 547,700 were reported by Renaissance Technology Ltd Liability Com. National Bank Of Mellon Corp stated it has 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ). Tower Capital Ltd Company (Trc) holds 3,345 shares or 0.01% of its portfolio. Eagle Asset Mngmt Incorporated holds 0.07% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ) for 595,982 shares.

Since August 1, 2017, it had 0 insider purchases, and 9 selling transactions for $1.10 million activity. Another trade for 17,176 shares valued at $358,978 was made by OSTERTAG ROBERT on Friday, October 27. ANDRICH LYNE B sold $49,012 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Friday, October 27. 993 shares were sold by Pass David, worth $17,685 on Tuesday, August 1. DUMLAO TROY sold $10,405 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Monday, October 23. $207,683 worth of stock was sold by DALTON RICHARD J on Tuesday, October 24. BANGERT STEVEN sold $104,000 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Wednesday, October 25. $110,598 worth of CoBiz Financial Inc. (NASDAQ:COBZ) shares were sold by Page Scott.

CoBiz Financial Inc., a diversified financial services company, provides various financial services and products in the United States. The company has market cap of $841.70 million. It operates through Commercial Banking and Fee-Based Lines divisions. It has a 22.34 P/E ratio. The Commercial Banking segment offers commercial, real estate, and private banking services; and treasury management, interest-rate hedging, and depository products.