NEW YORK, New York, Jul. 23, 2010 -- MFFAIS.com featured their Quarterly Steel-Specialty Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.
Highlights included:
* Allegheny Technologies Inc (ATI) leads industry in number of funds buying shares 56.65% of industry buys
* Sutor Technology Group Ltd (SUTR) had the highest overall confidence score (relation of funds buying versus fund selling)
* Sutor Technology Group Ltd (SUTR) had second highest number of funds buying shares 10.26% of industry buys
* Hitachi Metals Ltd (5486.T) had the second highest overall confidence score (relation of funds buying versus fund selling)
* The top 30 moves by funds in the industry by value of trade shows:
a) 56.66% buys versus 43.33% sells
b) Allegheny Technologies Inc (ATI) buys were 56.66% of all activity, 100.00% of number of buys and 100.00% of value of buy trades
* When institutions own multiple industry stocks, the most bought industry stock was Sutor Technology Group Ltd (SUTR)
* When institutions own multiple industry stocks, the most sold industry stock was Allegheny Technologies Inc (ATI)
The complete sources and more details are available at http://www.mffais.com.
ABOUT MFFAIS.com - MFFAIS.com is the leading stock research and alert web site dedicated to providing individual investors with information listed on public record as fast as possible in an accessible and useful format, to make investing a more concrete sport. Beyond simple number of buys/sells, MFFAIS.com also provided public portfolio current returns, buy effectiveness (how often stocks bought increase in price), sell effectiveness (how often stocks sold decrease in price). Showing not only "Who" bought or sold, but how good they are at making the right moves by using their last public holdings and comparing them to today's stock prices. For additional information on MFFAIS.com, contact Kevin Traster or visit www.mffais.com.
- END -
