Americredit Corp (acf) Most Bought Finance-auto Loans Stock By Number Of Institutions

Sept. 24, 2010 - PRLog -- MFFAIS.com featured their Quarterly Finance-Auto Loans 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:

* Americredit Corp (ACF) leads industry in number of funds buying shares 60.25% of industry buys

* Nicholas Financial Inc (NICK) had the highest overall confidence score (relation of funds buying versus fund selling)

* Credit Acceptance Corp (CACC) had second highest number of funds buying shares 33.43% of industry buys

* Credit Acceptance Corp (CACC) 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) 60.00% buys versus 40.00% sells
b) Americredit Corp (ACF) buys were 46.66% of all activity, 77.77% of number of buys and 89.22% of value of buy trades
c) Credit Acceptance Corp (CACC) buys were 13.33% of all activity, 22.22% of number of buys and 10.77% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Credit Acceptance Corp (CACC)

*  When institutions own multiple industry stocks, the most sold industry stock was Americredit Corp (ACF)


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

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