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Investors are betting against Amtrust Financial Services, Inc. (AFSI), Should You? - Tale of the Tape

Posted
12/18/2013 8:34:00 AM
By: Zacks.com
Referenced Stocks:AFSI

Many investors appear to be quite bearish Amtrust Financial Services, Inc. (AFSI) especially if you look at the percentage of the float that is sold short for this stock. Currently, 29.0% of the float is sold short, suggesting an extreme level of bearishness for AFSI.

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #2 (Buy)on AFSI, so we clearly don't believe in the negativity surrounding this firm, and are instead looking for shares of AFSI to move higher in the weeks ahead.



AMTRUST FIN SVC (AFSI): Free Stock Analysis Report

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