Redwood Trust, Inc. (RWT) At $15.13 Forms Bottom; SA SOFINA ORDINARY SHARES (SFNXF) Shorts Down By 4%

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Redwood Trust, Inc. (RWT) formed multiple bottom with $14.07 target or 7.00% below today’s $15.13 share price. Redwood Trust, Inc. (RWT) has $1.15B valuation. The stock decreased 1.05% or $0.16 during the last trading session, reaching $15.13. About 474,031 shares traded. Redwood Trust, Inc. (NYSE:RWT) has declined 7.30% since April 16, 2017 and is downtrending. It has underperformed by 18.85% the S&P500.

SA SOFINA ORDINARY SHARES (OTCMKTS:SFNXF) had a decrease of 4% in short interest. SFNXF’s SI was 9,600 shares in April as released by FINRA. Its down 4% from 10,000 shares previously. With 100 avg volume, 96 days are for SA SOFINA ORDINARY SHARES (OTCMKTS:SFNXF)’s short sellers to cover SFNXF’s short positions. It closed at $172.8335 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 6 analysts covering Redwood Trust (NYSE:RWT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Redwood Trust has $20 highest and $14.50 lowest target. $17.08’s average target is 12.89% above currents $15.13 stock price. Redwood Trust had 12 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Maxim Group with “Buy” on Monday, November 16. The stock of Redwood Trust, Inc. (NYSE:RWT) earned “Buy” rating by Nomura on Wednesday, May 18. Wood upgraded Redwood Trust, Inc. (NYSE:RWT) on Friday, December 8 to “Outperform” rating. The company was maintained on Wednesday, June 28 by Keefe Bruyette & Woods. On Monday, March 14 the stock rating was maintained by Deutsche Bank with “Buy”. Wood downgraded the shares of RWT in report on Tuesday, July 19 to “Market Perform” rating. Nomura downgraded Redwood Trust, Inc. (NYSE:RWT) on Tuesday, November 24 to “Neutral” rating. The stock of Redwood Trust, Inc. (NYSE:RWT) earned “Buy” rating by Deutsche Bank on Wednesday, November 8.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.07, from 0.95 in 2017Q3. It improved, as 18 investors sold Redwood Trust, Inc. shares while 42 reduced holdings. 19 funds opened positions while 42 raised stakes. 62.66 million shares or 1.32% less from 63.50 million shares in 2017Q3 were reported. Hilton Cap Mngmt Ltd Limited Liability Company owns 609,237 shares. Bancorp Of Montreal Can accumulated 71,980 shares. Aperio Gp Limited Liability Corporation reported 15,343 shares. Wealthtrust accumulated 113 shares. Lpl Fincl owns 0% invested in Redwood Trust, Inc. (NYSE:RWT) for 21,205 shares. Amer Grp holds 51,621 shares. Moreover, Tiaa Cref Investment Ltd Com has 0% invested in Redwood Trust, Inc. (NYSE:RWT) for 237,896 shares. Public Employees Retirement Sys Of Ohio holds 0% or 6,579 shares. 330,635 are held by White Pine Inv Com. 133,617 were reported by Doheny Asset Ca. Mcf Ltd Liability Com has invested 0% of its portfolio in Redwood Trust, Inc. (NYSE:RWT). 48,343 were reported by Art Advsrs Limited Liability. Da Davidson has invested 0.01% in Redwood Trust, Inc. (NYSE:RWT). Deutsche Financial Bank Ag owns 0% invested in Redwood Trust, Inc. (NYSE:RWT) for 199,605 shares. Barclays Public Ltd invested in 0% or 12,155 shares.

Redwood Trust, Inc. (NYSE:RWT) Institutional Positions Chart