Arconic Inc (NYSE:ARNC) Can’t Be More Risky. Short Interest Increased

September 16, 2018 - By Mark Mitchell

The stock of Arconic Inc (NYSE:ARNC) registered an increase of 10.39% in short interest. ARNC’s total short interest was 13.48M shares in September as published by FINRA. Its up 10.39% from 12.21 million shares, reported previously. With 2.85 million shares average volume, it will take short sellers 5 days to cover their ARNC’s short positions. The short interest to Arconic Inc’s float is 3.14%.

The stock increased 0.84% or $0.19 during the last trading session, reaching $22.69. About 2.52M shares traded. Arconic Inc. (NYSE:ARNC) has declined 9.82% since September 16, 2017 and is downtrending. It has underperformed by 25.44% the S&P500.

Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. The company has market cap of $10.96 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: Seekingalpha.com, which released: “Arconic: Reality, Buzz, And The Boeing 737” on September 16, 2018. Livetradingnews.com‘s article titled: “Arconic Inc. (NYSE:ARNC) discussing acquisition offers” and published on August 28, 2018 is yet another important article.

Arconic Inc. (NYSE:ARNC) Ratings Chart

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