Short Interest in Atlantic American Corporation (NASDAQ:AAME) Expands By 227.6%

Atlantic American Corporation (NASDAQ:AAME - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 11,646 shares, an increase of 227.6% from the November 30th total of 3,555 shares. Based on an average daily volume of 22,805 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company's stock are short sold. Approximately 0.3% of the company's stock are short sold. Based on an average daily volume of 22,805 shares, the short-interest ratio is presently 0.5 days.Get Atlantic American alerts:Institutional Inflows and OutflowsA hedge fund recently bought a new stake in Atlantic American stock. Teton Advisors LLC bought a new stake in shares of Atlantic American Corporation (NASDAQ:AAME - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,000 shares of the financial services provider's stock, valued at approximately $55,000. Teton Advisors LLC owned 0.09% of Atlantic American as of its most recent SEC filing. Hedge funds and other institutional investors own 5.54% of the company's stock. Wall Street Analyst Weigh InSeparately, Weiss Ratings reissued a "hold (c-)" rating on shares of Atlantic American in a research report on Wednesday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Atlantic American currently has an average rating of "Hold".Check Out Our Latest Stock Report on AAMEAtlantic American Stock PerformanceAtlantic American stock opened at $2.61 on Friday. Atlantic American has a one year low of $1.25 and a one year high of $3.71. The company has a 50-day simple moving average of $2.71 and a 200-day simple moving average of $2.66. The firm has a market capitalization of $53.24 million, a P/E ratio of 11.86 and a beta of 0.77. Atlantic American (NASDAQ:AAME - Get Free Report) last released its quarterly earnings results on Friday, November 14th. The financial services provider reported $0.02 EPS for the quarter. The company had revenue of $52.98 million for the quarter. Atlantic American had a net margin of 2.45% and a return on equity of 1.62%. Atlantic American Company Profile (Get Free Report)Atlantic American Corporation is a Florida-based holding company that engages in the insurance business through its wholly owned subsidiaries. The company's operations are organized into four principal segments: Life Insurance, Accident and Health Insurance, Property and Casualty Insurance, and Risk Retention Group. Through these lines of business, Atlantic American provides a range of insurance products and services to individuals, businesses and affinity groups across the United States. In its Life Insurance segment, Atlantic American offers traditional whole life and universal life policies, emphasizing guaranteed death benefits and cash value accumulation.Read MoreFive stocks we like better than Atlantic AmericanWashington prepares for warPut $1,000 into this stock by Jan 1 [Not NVDA]Turn your "dead money" into $306+ monthly (starting this month)A month before the crashStrange Crystal Metal Outperforms Silicon Up to 100XThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Atlantic American Right Now?Before you consider Atlantic American, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlantic American wasn't on the list.While Atlantic American currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here