Incline Global Management Has Increased Imax (IMAX) Position By $10.69 Million; CHARTWELL RETIREMENT RESIDENCES CANADA (CWSRF) Shorts Increased By 69.3%

April 17, 2018 - By Darrin Black

IMAX Corporation (NYSE:IMAX) Logo

Incline Global Management Llc increased Imax Corp (IMAX) stake by 44.55% reported in 2017Q4 SEC filing. Incline Global Management Llc acquired 464,986 shares as Imax Corp (IMAX)’s stock declined 17.02%. The Incline Global Management Llc holds 1.51M shares with $34.93 million value, up from 1.04 million last quarter. Imax Corp now has $1.44B valuation. The stock decreased 0.56% or $0.125 during the last trading session, reaching $22.175. About 252,070 shares traded. IMAX Corporation (NYSE:IMAX) has declined 42.08% since April 17, 2017 and is downtrending. It has underperformed by 53.63% the S&P500.

CHARTWELL RETIREMENT RESIDENCES CANADA (OTCMKTS:CWSRF) had an increase of 69.3% in short interest. CWSRF’s SI was 180,300 shares in April as released by FINRA. Its up 69.3% from 106,500 shares previously. With 10,800 avg volume, 17 days are for CHARTWELL RETIREMENT RESIDENCES CANADA (OTCMKTS:CWSRF)’s short sellers to cover CWSRF’s short positions. The SI to CHARTWELL RETIREMENT RESIDENCES CANADA’s float is 0.09%. The stock increased 1.84% or $0.2202 during the last trading session, reaching $12.2202. About 500 shares traded. Chartwell Retirement Residences (OTCMKTS:CWSRF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 18 analysts covering IMAX (NYSE:IMAX), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. IMAX had 63 analyst reports since July 21, 2015 according to SRatingsIntel. Wedbush maintained IMAX Corporation (NYSE:IMAX) on Tuesday, October 10 with “Buy” rating. B. Riley & Co maintained the stock with “Buy” rating in Wednesday, June 14 report. The firm earned “Outperform” rating on Monday, February 22 by Wedbush. On Wednesday, September 9 the stock rating was maintained by M Partners with “Buy”. Roth Capital maintained IMAX Corporation (NYSE:IMAX) rating on Tuesday, June 13. Roth Capital has “Buy” rating and $3300 target. The stock of IMAX Corporation (NYSE:IMAX) has “Outperform” rating given on Friday, November 11 by Credit Suisse. The company was maintained on Thursday, October 29 by Stifel Nicolaus. FBR Capital initiated IMAX Corporation (NYSE:IMAX) on Wednesday, February 28 with “Buy” rating. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, February 1 report. The stock has “Buy” rating by Wedbush on Thursday, October 19.

Chartwell Retirement Residences is an independent real estate investment trust. The company has market cap of $2.60 billion. The firm invests in the real estate markets of Canada and the United States. It has a 249.39 P/E ratio. It is primarily engaged in ownership, operation, and management of retirement and long term care seniors housing communities.

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