Arconic Inc (NYSE:ARNC) Short Interest Reduced By 17.53%

May 16, 2018 - By Richard Slagle

Arconic Inc (NYSE:ARNC) showed a decrease of 17.53% in shares shorted. FINRA issued in May ARNC’s total 11.39 million shares shorted. Previously was reported down change of 17.53% from 13.81M shares. With Average volume 5.87M, ARNC’s previous position will take 2 days to restore. Arconic Inc’s shares shorted float is 2.66%.

Ticker’s shares touched $18.015 during the last trading session after 0.19% change.Currently Arconic Inc. is downtrending after 13.22% change in last May 16, 2017. ARNC has 2.56M shares volume. ARNC underperformed by 24.77% the S&P 500.

Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide.The company has $8.70 billion market cap. It operates through three divisions: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.Currently it has negative earnings. The Global Rolled Products segment produces and sells aluminum sheets and plates; and aseptic foils.

Another two news for Arconic Inc. (NYSE:ARNC) were briefly published by: on April 30, 2018 with title “Arconic Earnings Clobbered by Slashed Guidance”. The other‘s article was titled “5 Arconic Catalysts Driving Longbow’s Bullish Stance” and published on May 09, 2018.

Arconic Inc. (NYSE:ARNC) Analyst Ratings Chart

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