The Southern Company (SO) At $43.60 Forms Bottom; CITIC LTD ORDINARY SHARES HONG KONG (CTPCF) Shorts Raised By 0.56%

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CITIC LTD ORDINARY SHARES HONG KONG (OTCMKTS:CTPCF) had an increase of 0.56% in short interest. CTPCF’s SI was 4.82 million shares in June as released by FINRA. Its up 0.56% from 4.79M shares previously. With 200 avg volume, 24095 days are for CITIC LTD ORDINARY SHARES HONG KONG (OTCMKTS:CTPCF)’s short sellers to cover CTPCF’s short positions. The SI to CITIC LTD ORDINARY SHARES HONG KONG’s float is 0.08%. It closed at $1.51 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

The Southern Company (SO) formed multiple bottom with $40.98 target or 6.00% below today’s $43.60 share price. The Southern Company (SO) has $44.10 billion valuation. The stock increased 0.36% or $0.155 during the last trading session, reaching $43.595. About 2.50M shares traded. The Southern Company (NYSE:SO) has declined 11.84% since June 13, 2017 and is downtrending. It has underperformed by 24.41% the S&P500. Some Historical SO News: ; 17/04/2018 – Southern Company Announces Changes to Executive Management Team; 17/04/2018 – Southern Co. CFO Art P. Beattie to Retire; 02/05/2018 – SOUTHERN CEO TOM FANNING COMMENTS IN INTERVIEW; 09/04/2018 – Georgia Power to add 177 MW of solar resources for C&I REDI program; 21/05/2018 – NEE TO BUY GULF POWER, FLORIDA CITY GAS, OTHER ASSETS FROM SO; 23/05/2018 – SOUTHERN POWER SAYS DEAL FOR $1.175 BLN; 07/05/2018 – SOUTHERN CO. PLANS FIVE-YEAR, $35B CAPITAL PROGRAM, AN INDUSTRI; 02/05/2018 – SOUTHERN CO 1Q ADJ EPS 88C, EST. 83C; 21/05/2018 – Southern Co May Be Required to Pay NextEra Energy $100M Termination Fee if Asset Sale Terminated — Filing; 21/05/2018 – SOUTHERN SEES DEAL ADDING 4C TO 5C TO EPS OVER TIME

CITIC Limited operates in financial services, resources and energy, manufacturing, engineering contracting, real estate, and other businesses in China and internationally. The company has market cap of $43.89 billion. It offers banking services and products; investment banking, brokerage, securities trading, and asset management services; trust products; and life, health, and accident insurance products, as well as reinsurance products. It has a 7.86 P/E ratio. The firm also engages in the exploration, mining, and production of crude oil and coal; bauxite mining, and aluminum smelting and refining activities; development of magnetite iron ore mine; production of manganese, copper, and ferroniobium; operation of coal-fired power stations with a total installed capacity of approximately 6,340MW; and trading of industrial metals.

Analysts await The Southern Company (NYSE:SO) to report earnings on August, 1. They expect $0.66 earnings per share, down 9.59% or $0.07 from last year’s $0.73 per share. SO’s profit will be $667.68M for 16.51 P/E if the $0.66 EPS becomes a reality. After $0.88 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.21, from 1.1 in 2017Q4. It is negative, as 76 investors sold The Southern Company shares while 359 reduced holdings. 75 funds opened positions while 310 raised stakes. 558.65 million shares or 1.91% more from 548.17 million shares in 2017Q4 were reported. Hexavest accumulated 1.04% or 1.86 million shares. Seaward Partnership invested 0.02% in The Southern Company (NYSE:SO). Yhb Inv Advsr reported 7,500 shares. Palladium Llc reported 13,688 shares or 0.05% of all its holdings. Baxter Bros stated it has 0.06% in The Southern Company (NYSE:SO). Financial Bank Of Mellon has 0.13% invested in The Southern Company (NYSE:SO) for 10.42M shares. Checchi Advisers Ltd Liability Corp holds 8,626 shares or 0.05% of its portfolio. Princeton Strategies Grp Inc Ltd Liability Company reported 9,414 shares or 0.12% of all its holdings. Suntrust Banks has invested 0.14% in The Southern Company (NYSE:SO). Cibc Ww Markets Corp has invested 0.09% of its portfolio in The Southern Company (NYSE:SO). Pnc Fin Serv Grp Inc holds 0.03% or 720,663 shares. 433,481 were reported by Interocean Ltd. Northern Trust Corporation has 0.14% invested in The Southern Company (NYSE:SO). California Public Employees Retirement System has 2.42 million shares for 0.15% of their portfolio. Charter owns 15,093 shares for 0.08% of their portfolio.

The Southern Company (NYSE:SO) Institutional Positions Chart