Centerbridge Partners LP Has Decreased Its Ambac Finl Group (AMBC) Position; MOLORI ENERGY COMMON SHARES (MOLOF) Sellers Decreased By 86.14% Their Shorts

April 21, 2018 - By Adrian Erickson

Ambac Financial Group, Inc. (NASDAQ:AMBC) Logo

Centerbridge Partners Lp decreased Ambac Finl Group Inc (AMBC) stake by 2.99% reported in 2017Q4 SEC filing. Centerbridge Partners Lp sold 23,564 shares as Ambac Finl Group Inc (AMBC)’s stock rose 4.29%. The Centerbridge Partners Lp holds 764,287 shares with $12.21M value, down from 787,851 last quarter. Ambac Finl Group Inc now has $811.90M valuation. The stock increased 0.96% or $0.17 during the last trading session, reaching $17.91. About 194,274 shares traded. Ambac Financial Group, Inc. (NASDAQ:AMBC) has declined 13.71% since April 21, 2017 and is downtrending. It has underperformed by 25.26% the S&P500.

MOLORI ENERGY INC COMMON SHARES (OTCMKTS:MOLOF) had a decrease of 86.14% in short interest. MOLOF’s SI was 5,600 shares in April as released by FINRA. Its down 86.14% from 40,400 shares previously. With 32,300 avg volume, 0 days are for MOLORI ENERGY INC COMMON SHARES (OTCMKTS:MOLOF)’s short sellers to cover MOLOF’s short positions. The SI to MOLORI ENERGY INC COMMON SHARES’s float is 0.02%. The stock decreased 6.83% or $0.01609 during the last trading session, reaching $0.21961. About 13,138 shares traded. Molori Energy Inc. (OTCMKTS:MOLOF) has 0.00% since April 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Molori Energy Inc. operates as an oil and gas production firm in Texas, the United States. The company has market cap of $7.06 million. It owns 25% working interest in 57 gas and oil leases covering 7,314 acres located in the Texas Panhandle. It currently has negative earnings. The firm was formerly known as Taipan Resources Inc. and changed its name to Molori Energy Inc. in January 2017.

Among 2 analysts covering Ambac Financial Group Inc. (NASDAQ:AMBC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ambac Financial Group Inc. had 10 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Ambac Financial Group, Inc. (NASDAQ:AMBC) has “Buy” rating given on Monday, January 22 by BTIG Research. The firm has “Buy” rating given on Wednesday, June 21 by BTIG Research. The firm has “Buy” rating given on Thursday, March 2 by BTIG Research. BTIG Research maintained Ambac Financial Group, Inc. (NASDAQ:AMBC) rating on Monday, February 5. BTIG Research has “Buy” rating and $26.0 target. On Thursday, November 9 the stock rating was maintained by BTIG Research with “Buy”. The firm earned “Neutral” rating on Friday, May 12 by M Partners. The rating was maintained by M Partners with “Neutral” on Tuesday, December 13. The rating was downgraded by M Partners to “Sell” on Monday, December 19.

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