Marlin Business Services Corp (NASDAQ:MRLN) Can’t Be More Risky. Short Interest Increased

Marlin Business Services Corp. (NASDAQ:MRLN) Logo

Investors sentiment decreased to 0.77 in Q4 2018. Its down 0.49, from 1.26 in 2018Q3. It worsened, as 3 investors sold Marlin Business Services Corp. shares while 27 reduced holdings. 6 funds opened positions while 17 raised stakes. 9.96 million shares or 0.44% more from 9.92 million shares in 2018Q3 were reported.
Red Mountain Cap Partners Ltd Limited Liability Company has invested 49.47% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN). Geode Cap has 0% invested in Marlin Business Services Corp. (NASDAQ:MRLN). Webster Bank N A reported 0% stake. Blackrock Inc holds 0% or 654,569 shares in its portfolio. Broad Run Inv Mgmt Ltd Company holds 1.25% in Marlin Business Services Corp. (NASDAQ:MRLN) or 1.22M shares. The Pennsylvania-based Vanguard Grp has invested 0% in Marlin Business Services Corp. (NASDAQ:MRLN). Acadian Asset Mngmt Ltd Limited Liability Company reported 33,117 shares or 0% of all its holdings. Goldman Sachs Gru accumulated 25,327 shares or 0% of the stock. Ameritas Inv Prns holds 0% or 795 shares. Citigroup accumulated 1,994 shares. First Tru Advisors L P holds 0% or 16,986 shares in its portfolio. Martingale Asset Mngmt Limited Partnership stated it has 0.01% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN). Wells Fargo Mn reported 14,023 shares. Fmr Limited Company holds 0% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN) for 261 shares. Wellington Gru Llp reported 440,392 shares.

The stock of Marlin Business Services Corp (NASDAQ:MRLN) registered an increase of 7.03% in short interest. MRLN’s total short interest was 83,700 shares in March as published by FINRA. Its up 7.03% from 78,200 shares, reported previously. With 16,000 shares average volume, it will take short sellers 5 days to cover their MRLN’s short positions. The short interest to Marlin Business Services Corp’s float is 1.04%.

The stock decreased 2.10% or $0.49 during the last trading session, reaching $22.85. About 81,446 shares traded or 316.67% up from the average. Marlin Business Services Corp. (NASDAQ:MRLN) has declined 7.51% since March 17, 2018 and is downtrending. It has underperformed by 11.88% the S&P500.

Marlin Business Services Corp., through its subsidiary, Marlin Leasing Corporation, provides equipment financing solutions to small and mid-sized businesses in the United States. The company has market cap of $277.45 million. It finances approximately 100 categories of commercial equipment, including copiers, security systems, computers and software, telecommunications equipment, and certain commercial and industrial equipment. It has a 11.43 P/E ratio. The company, through its other subsidiaries, also offers property insurance coverage on its equipment; and issues Federal Deposit Insurance Corporation -insured deposits and money market demand accounts.

More notable recent Marlin Business Services Corp. (NASDAQ:MRLN) news were published by: Globenewswire.com which released: “Marlin Secures $300000000 Forward Flow Agreement to Expand Equipment Financing for Small Businesses – GlobeNewswire” on April 02, 2018, also Globenewswire.com with their article: “Marlin Business Services Corp. Closes Acquisition of Horizon Keystone Financial – GlobeNewswire” published on January 04, 2017, Finance.Yahoo.com published: “VIX futures are key to where stocks go this afternoon: NYSE trader – Yahoo Finance” on February 13, 2018. More interesting news about Marlin Business Services Corp. (NASDAQ:MRLN) were released by: Prweb.com and their article: “Free Flow Wines Announces National Draft Equipment Leasing Program for Wine-On-Tap – PR Web” published on February 23, 2018 as well as Fool.com‘s news article titled: “Marlin Business Services Corp (MRLN) Q4 2018 Earnings Conference Call Transcript – Motley Fool” with publication date: February 01, 2019.

Marlin Business Services Corp. (NASDAQ:MRLN) Institutional Positions Chart

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