Reasons for John Strine’s Share Buy of The York Water Company (YORW)’s Stock; Shorts at Enviva Partners Lpunits Representing Limi (EVA) Lowered By 14.94%

Enviva Partners Lpunits Representing Limi (NYSE:EVA) had a decrease of 14.94% in short interest. EVA’s SI was 59,800 shares in April as released by FINRA. Its down 14.94% from 70,300 shares previously. With 94,300 avg volume, 1 days are for Enviva Partners Lpunits Representing Limi (NYSE:EVA)’s short sellers to cover EVA’s short positions. The SI to Enviva Partners Lpunits Representing Limi’s float is 0.43%. The stock decreased 0.18% or $0.05 during the last trading session, reaching $27.8. About 18,519 shares traded. Enviva Partners, LP (NYSE:EVA) has declined 3.58% since April 17, 2017 and is downtrending. It has underperformed by 15.13% the S&P500.

Enviva Partners, LP produces and supplies utility-grade wood pellets to power generators. The company has market cap of $732.54 million. Enviva Partners GP, LLC operates as the general partner of the company. It has a 36.87 P/E ratio. Enviva Partners, LP was founded in 2013 and is based in Bethesda, Maryland.

Among 5 analysts covering Enviva Partners (NYSE:EVA), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Enviva Partners had 12 analyst reports since November 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of EVA in report on Friday, February 19 with “Outperform” rating. The company was initiated on Wednesday, June 8 by Drexel Hamilton. RBC Capital Markets maintained Enviva Partners, LP (NYSE:EVA) rating on Wednesday, March 8. RBC Capital Markets has “Outperform” rating and $33 target. The stock has “Buy” rating by Citigroup on Friday, September 22. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, November 7 report. As per Tuesday, June 20, the company rating was maintained by RBC Capital Markets. The firm earned “Neutral” rating on Thursday, September 22 by Goldman Sachs. The stock of Enviva Partners, LP (NYSE:EVA) has “Buy” rating given on Sunday, July 23 by RBC Capital Markets. The company was initiated on Friday, August 26 by Citigroup. RBC Capital Markets maintained the shares of EVA in report on Monday, October 9 with “Buy” rating.

As published in the Security Exchange Commission, a legal document for the transaction of 17 shares of York Water Co by John Strine was filled. John Strine now serves as a Vice President- Operations of the ‘s company. The public report was filled on 17/04/2018. The purchased shares were purchased at average $29.6 a share, and are valued at $503 USD. John Strine today possess 0.00% of York Water Co’s total market capitalization with ownership of 288 shares. 

The stock increased 2.62% or $0.85 during the last trading session, reaching $33.3. About 20,446 shares traded. The York Water Company (NASDAQ:YORW) has declined 10.98% since April 17, 2017 and is downtrending. It has underperformed by 22.53% the S&P500.

The York Water Company impounds, purifies, and distributes drinking water. The company has market cap of $428.94 million. It owns and operates three wastewater collection systems and two wastewater treatment systems; and has two reservoirs comprising Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. It has a 32.97 P/E ratio. The firm also has a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns seven wells that supply approximately 366,000 gallons of water per day to its clients in Carroll Valley Borough and Cumberland Township, Adams County.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.46, from 1.37 in 2017Q3. It is negative, as 5 investors sold The York Water Company shares while 29 reduced holdings. 7 funds opened positions while 24 raised stakes. 4.41 million shares or 2.39% more from 4.31 million shares in 2017Q3 were reported. Janney Montgomery Scott Ltd Liability reported 6,848 shares. Peapack Gladstone Financial reported 0.02% of its portfolio in The York Water Company (NASDAQ:YORW). New York-based Gabelli Funds Llc has invested 0.03% in The York Water Company (NASDAQ:YORW). Parametric Portfolio Lc, a Washington-based fund reported 18,720 shares. Bessemer Group reported 0% in The York Water Company (NASDAQ:YORW). State Board Of Administration Of Florida Retirement System invested in 14,889 shares or 0% of the stock. Dimensional Fund Limited Partnership reported 407,687 shares or 0.01% of all its holdings. Moreover, Parallax Volatility Advisers L P has 0% invested in The York Water Company (NASDAQ:YORW) for 1,932 shares. American Interest Gru Inc invested in 0% or 8,646 shares. Jpmorgan Chase & Co has invested 0% of its portfolio in The York Water Company (NASDAQ:YORW). Fincl Counselors Inc holds 0.02% or 9,860 shares in its portfolio. 8,450 are held by Creative Planning. Brown Capital Mngmt Limited Liability Company, Maryland-based fund reported 11,250 shares. California State Teachers Retirement System stated it has 20,232 shares. Millennium Mngmt Ltd Liability holds 62,763 shares or 0% of its portfolio.

Since January 16, 2018, it had 24 insider purchases, and 0 sales for $33,921 activity. Poff Matthew E also bought $130 worth of The York Water Company (NASDAQ:YORW) on Wednesday, January 17. $1,689 worth of The York Water Company (NASDAQ:YORW) was bought by GANG MICHAEL W on Tuesday, January 16. McGlaughlin Erin C also bought $991 worth of The York Water Company (NASDAQ:YORW) on Tuesday, March 20. $487 worth of The York Water Company (NASDAQ:YORW) was bought by BRACEY VERNON L on Wednesday, January 17. 19 shares were bought by Rasmussen Steven R, worth $588 on Tuesday, March 20. NEWCOMER ROBERT P bought $877 worth of stock. HINES JEFFREY R bought 315 shares worth $10,232.

The York Water Company (NASDAQ:YORW) Institutional Positions Chart