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

May 16, 2018 - By Melody Miller

The stock of Arconic Inc (NYSE:ARNC) registered a decrease of 17.53% in short interest. ARNC’s total short interest was 11.39 million shares in May as published by FINRA. Its down 17.53% from 13.81M shares, reported previously. With 5.87M shares average volume, it will take short sellers 2 days to cover their ARNC’s short positions. The short interest to Arconic Inc’s float is 2.66%.

The stock increased 0.22% or $0.04 during the last trading session, reaching $18.02. About 2.62 million shares traded. Arconic Inc. (NYSE:ARNC) has declined 13.22% since May 16, 2017 and is downtrending. It has underperformed by 24.77% the S&P500.

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

More news for Arconic Inc. (NYSE:ARNC) were recently published by: Benzinga.com, which released: “5 Arconic Catalysts Driving Longbow’s Bullish Stance” on May 09, 2018. 247Wallst.com‘s article titled: “Arconic Earnings Clobbered by Slashed Guidance” and published on April 30, 2018 is yet another important article.

Arconic Inc. (NYSE:ARNC) Ratings Chart

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