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Sumitomo Co. (OTCMKTS:SSUMY – Get Rating) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 13,700 shares, a drop of 33.8% from the May 15th total of 20,700 shares. Based on an average trading volume of 48,000 shares, the short-interest […]
Sumitomo Co. (OTCMKTS:SSUMY – Get Rating) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 13,700 shares, a decrease of 33.8% from the May 15th total of 20,700 shares. Based on an average trading volume of 48,000 shares, the short-interest ratio is presently 0.3 days. Sumitomo […]
Sumitomo Co. (OTCMKTS:SSUMY – Get Rating) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 13,700 shares, a decline of 33.8% from the May 15th total of 20,700 shares. Based on an average daily volume of 48,000 shares, the short-interest ratio is presently […]
Arconic Co. (NYSE:ARNC – Get Rating) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 4,540,000 shares, a growth of 78.0% from the May 15th total of 2,550,000 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is presently […]
StockNews.com began coverage on shares of Arconic (NYSE:ARNC – Get Rating) in a research note published on Friday morning. The brokerage issued a hold rating on the basic materials company’s stock. Several other brokerages also recently weighed in on ARNC. The Goldman Sachs Group downgraded Arconic from a neutral rating to a sell rating and […]