Allegheny Technologies Inc (ati) Most Bought Steel-specialty Stock By Number Of Institutions

July 23, 2011 - PRLog -- 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 68.10% of industry buys

* Daido Steel Co Ltd (5471.T) had the highest overall confidence score (relation of funds buying versus fund selling)

* Universal Stainless Alloy (USAP) had second highest number of funds buying shares 7.91% of industry buys

* Material Sciences Corp (MASC) 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) 66.66% buys versus 33.33% sells
b) Allegheny Technologies Inc (ATI) buys were 66.66% 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 Allegheny Technologies Inc (ATI)

*  When institutions own multiple industry stocks, the most sold industry stock was Allegheny Technologies Inc (ATI)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

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