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The Manufacturers Life Insurance Company lowered its stake in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,661,283 shares of the natural resource company’s stock after selling 33,637 shares during […] ....
Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 22,920,000 shares, a decrease of 5.4% from the April 30th total of 24,220,000 shares. Based on an average daily volume of 15,550,000 shares, the days-to-cover ratio is presently 1.5 days. […] ....
Freeport-McMoRan (NYSE:FCX – Get Free Report) had its target price boosted by investment analysts at Scotiabank from $53.00 to $60.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “sector outperform” rating on the natural resource company’s stock. Scotiabank’s price target suggests a potential upside of 13.81% from the company’s […] ....
Tapestry, Inc. (NYSE:TPR – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 6,560,000 shares, a drop of 17.2% from the April 30th total of 7,920,000 shares. Currently, 2.9% of the shares of the stock are sold short. Based on […] ....