Park National Cut Its Park National (PRK) Position; Seaspan (SSW) Shorts Lowered By 8.96%

Seaspan Corporation (NYSE:SSW) had a decrease of 8.96% in short interest. SSW’s SI was 4.80M shares in January as released by FINRA. Its down 8.96% from 5.27M shares previously. With 934,200 avg volume, 5 days are for Seaspan Corporation (NYSE:SSW)’s short sellers to cover SSW’s short positions. The SI to Seaspan Corporation’s float is 10.07%. The stock decreased 1.32% or $0.09 during the last trading session, reaching $6.75. About 754,988 shares traded. Seaspan Corporation (NYSE:SSW) has declined 64.89% since January 1, 2017 and is downtrending. It has underperformed by 81.59% the S&P500.

Park National Corp decreased Park National Corporation (PRK) stake by 5.95% reported in 2017Q3 SEC filing. Park National Corp sold 115,606 shares as Park National Corporation (PRK)’s stock declined 7.02%. The Park National Corp holds 1.83M shares with $197.25M value, down from 1.94M last quarter. Park National Corporation now has $1.59B valuation. The stock decreased 1.72% or $1.82 during the last trading session, reaching $104. About 30,233 shares traded or 32.42% up from the average. Park National Corporation (NYSEMKT:PRK) has risen 11.77% since January 1, 2017 and is uptrending. It has underperformed by 4.93% the S&P500.

Park National Corp increased Allergan Plc stake by 4,011 shares to 38,810 valued at $7.95M in 2017Q3. It also upped Intercontinental Exchange Inc (NYSE:ICE) stake by 30,843 shares and now owns 95,016 shares. General Electric Company (NYSE:GE) was raised too.

Analysts await Park National Corporation (NYSEAMERICAN:PRK) to report earnings on January, 22. They expect $1.51 earnings per share, up 16.15% or $0.21 from last year’s $1.3 per share. PRK’s profit will be $23.09 million for 17.22 P/E if the $1.51 EPS becomes a reality. After $1.44 actual earnings per share reported by Park National Corporation for the previous quarter, Wall Street now forecasts 4.86% EPS growth.