As of May 16, 2018 Arconic Inc (NYSE:ARNC) Sellers Declined Their Shorts By 17.53%

May 16, 2018 - By Sonya McDaniel

Arconic Inc (NYSE:ARNC) noted a decrease of 17.53% in shares shorted. FINRA published in May ARNC’s total 11.39 million shares shorted. Previously was reported down change of 17.53% from 13.81 million 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%.

ARNC touched $18.015 during the last trading session after $0.035 change.Arconic Inc. has volume of 2.56 million shares. Since May 16, 2017 ARNC has declined 13.22% and is downtrending. The stock underperformed the S&P500 by 24.77%.

Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide.The firm is valued at $8.70 billion. It operates through three divisions: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.Last it reported 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 recently brought out 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 brought out on May 09, 2018.

Arconic Inc. (NYSE:ARNC) Analyst Ratings Chart

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