Dorsey & Whitney Trust Company Has Lowered Bank Amer (BAC) Position By $302,673; LEO MOTORS (LEOM) Sellers Decreased By 24.1% Their Shorts

May 20, 2018 - By David Stenberg

Bank of America Corporation (NYSE:BAC) Logo

LEO MOTORS INC (OTCMKTS:LEOM) had a decrease of 24.1% in short interest. LEOM’s SI was 14,800 shares in May as released by FINRA. Its down 24.1% from 19,500 shares previously. With 14,900 avg volume, 1 days are for LEO MOTORS INC (OTCMKTS:LEOM)’s short sellers to cover LEOM’s short positions. The SI to LEO MOTORS INC’s float is 0.01%. It closed at $0.12 lastly. It is down 0.00% since May 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Dorsey & Whitney Trust Company Llc decreased Bank Amer Corp (BAC) stake by 14.72% reported in 2017Q4 SEC filing. Dorsey & Whitney Trust Company Llc sold 10,437 shares as Bank Amer Corp (BAC)’s stock declined 1.20%. The Dorsey & Whitney Trust Company Llc holds 60,483 shares with $1.79 million value, down from 70,920 last quarter. Bank Amer Corp now has $306.82 billion valuation. The stock decreased 1.79% or $0.55 during the last trading session, reaching $30.26. About 58.64M shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 20, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Leo Motors, Inc., through its subsidiaries, engages in the research and development of various products, prototypes, and conceptualizations based on proprietary, patented, and patent pending electric power generation, drive train, and storage technologies in the Republic of Korea. The company has market cap of $20.98 million. The companyÂ’s products comprise E-Box electric energy storage system for solar and wind power generation devices, as well as for military, municipal and industry, corporate, electric coolers and heaters, and yachts or small ships customers; and electric vehicle components, which integrate electric batteries with electric motors comprising EV controllers that use a mini-computer to control torque drive. It currently has negative earnings. It also offers power train kits for compact passenger cars and small trucks, as well as internal combustion engines passenger cars, trucks, and buses.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Nasdaq.com which released: “3 Top Bank Stocks to Buy Right Now” on May 20, 2018, also Seekingalpha.com with their article: “Bank Of America: Time To Sell?” published on May 08, 2018, Seekingalpha.com published: “Bank Of America: This 6.00% Preferred Stock Has Begun Trading On The NYSE” on May 17, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank of America affirms gun pledge” published on May 11, 2018 as well as Investorideas.com‘s news article titled: “Bank of America (NYSE: $BAC) Delivers First Widely Available #AI–Driven Virtual Financial Assistant; Transforms …” with publication date: May 18, 2018.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on July, 17. They expect $0.64 earnings per share, up 39.13% or $0.18 from last year’s $0.46 per share. BAC’s profit will be $6.49B for 11.82 P/E if the $0.64 EPS becomes a reality. After $0.62 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 3.23% EPS growth.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, December 12 report. The firm has “Neutral” rating by Citigroup given on Monday, October 9. The firm earned “Buy” rating on Wednesday, January 20 by Sandler O’Neill. Wood maintained the shares of BAC in report on Friday, April 7 with “Outperform” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Hold” rating given on Tuesday, July 18 by BMO Capital Markets. Jefferies maintained the shares of BAC in report on Thursday, September 14 with “Buy” rating. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Nomura on Tuesday, July 18. Berenberg downgraded the shares of BAC in report on Monday, April 24 to “Hold” rating. BMO Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The rating was maintained by Wells Fargo on Thursday, August 10 with “Outperform”.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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