MMA Capital Holdings Inc (NASDAQ:MMAC) Short Interest Up 46.2% in June

MMA Capital Holdings Inc (NASDAQ:MMAC) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 17,100 shares, a growth of 46.2% from the May 30th total of 11,700 shares. Based on an average daily volume of 20,200 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

NASDAQ MMAC traded down $0.39 during trading on Friday, reaching $31.70. The company’s stock had a trading volume of 11,439 shares, compared to its average volume of 43,683. The company has a debt-to-equity ratio of 0.66, a current ratio of 28.03 and a quick ratio of 9.49. The stock has a market cap of $188.83 million, a price-to-earnings ratio of 14.72 and a beta of 0.59. MMA Capital has a 12 month low of $20.02 and a 12 month high of $35.50. The company has a 50 day moving average of $33.05.

MMA Capital (NASDAQ:MMAC) last posted its quarterly earnings data on Friday, May 10th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter. The firm had revenue of $4.07 million during the quarter. MMA Capital had a net margin of 135.18% and a return on equity of 15.37%.

A hedge fund recently raised its stake in MMA Capital stock. Dimensional Fund Advisors LP lifted its position in shares of MMA Capital Holdings Inc (NASDAQ:MMAC) by 17.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,756 shares of the financial services provider’s stock after acquiring an additional 7,169 shares during the period. Dimensional Fund Advisors LP owned approximately 0.82% of MMA Capital worth $1,203,000 as of its most recent filing with the Securities and Exchange Commission. 12.13% of the stock is owned by institutional investors and hedge funds.

About MMA Capital

MMA Capital Holdings, Inc invests in debt associated with renewable energy infrastructure and real estate sectors. Its energy capital portfolio invests in loans that finance renewable energy projects in North America. The company was formerly known as MMA Capital Management, LLC and changed its name to MMA Capital Holdings, Inc in January 2019.

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