Washington Trust Bank Raised Jp Morgan Chase (JPM) Position By $314,714; AUSCANN GROUP HLDGS LTD ORDINARY SHARES (ACNNF) Shorts Increased By 109.68%

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Washington Trust Bank increased Jp Morgan Chase (JPM) stake by 2.72% reported in 2017Q4 SEC filing. Washington Trust Bank acquired 2,969 shares as Jp Morgan Chase (JPM)’s stock rose 0.67%. The Washington Trust Bank holds 112,170 shares with $12.00 million value, up from 109,201 last quarter. Jp Morgan Chase now has $372.86 billion valuation. The stock increased 1.37% or $1.48 during the last trading session, reaching $109.33. About 14.05 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 4, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

AUSCANN GROUP HLDGS LTD ORDINARY SHARES (OTCMKTS:ACNNF) had an increase of 109.68% in short interest. ACNNF’s SI was 58,500 shares in April as released by FINRA. Its up 109.68% from 27,900 shares previously. With 1.03 million avg volume, 0 days are for AUSCANN GROUP HLDGS LTD ORDINARY SHARES (OTCMKTS:ACNNF)’s short sellers to cover ACNNF’s short positions. The SI to AUSCANN GROUP HLDGS LTD ORDINARY SHARES’s float is 0.05%. It closed at $1.2 lastly. It is down 0.00% since April 4, 2017 and is . It has underperformed by 11.55% the S&P500.

AusCann Group Holdings Ltd produces and sells clinically validated cannabis medicines. The company has market cap of $328.37 million. The firm offers its products to patients in Australia and for export to a range of importers. It currently has negative earnings. The firm was formerly known as TW Holdings Limited and changed its name to AusCann Group Holdings Ltd in January 2017.

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co has $136 highest and $52 lowest target. $103.68’s average target is -5.17% below currents $109.33 stock price. JPMorgan Chase & Co had 114 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, September 20 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Neutral” rating by Nomura on Monday, January 25. As per Tuesday, August 25, the company rating was upgraded by Credit Agricole. Robert W. Baird maintained it with “Hold” rating and $92.0 target in Wednesday, November 15 report. Jefferies maintained it with “Buy” rating and $78 target in Tuesday, July 21 report. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, April 14 report. Keefe Bruyette & Woods maintained the stock with “Outperform” rating in Wednesday, October 14 report. Buckingham Research downgraded JPMorgan Chase & Co. (NYSE:JPM) on Monday, October 17 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, September 26 by RBC Capital Markets. Buckingham Research upgraded JPMorgan Chase & Co. (NYSE:JPM) on Thursday, December 21 to “Buy” rating.

Washington Trust Bank decreased Altria Group Inc (NYSE:MO) stake by 15,385 shares to 95,106 valued at $6.79 million in 2017Q4. It also reduced General Electric Co (NYSE:GE) stake by 202,358 shares and now owns 45,322 shares. Oracle Corp (NYSE:ORCL) was reduced too.

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