7.32% Less Alcoa Corporation (NYSE:AA) Shares Shorted

Alcoa Corporation (NYSE:AA) Corporate Logo

During Q2 2018 the big money sentiment increased to 2. That’s change of 2.00, from 2018Q1’s 0. 2 investors sold all, 0 reduced holdings as Alcoa Corporation ratio increased. 1 grew positions while 3 funds bought positions. Funds hold 360,979 shares thus 43.80% more from 2018Q1’s 251,028 shares.
Vantage Invest Advsrs Limited Liability Com, Pennsylvania-based fund reported 347 shs. Nelson Roberts Inv Advisors Limited Co invested 0% of its capital in Alcoa Corporation (NYSE:AA). Whittier holds 31,687 shs or 0.02% of its capital. Carmignac Gestion owns 325,000 shs. Gemmer Asset Lc stated it has 0% in Alcoa Corporation (NYSE:AA). Whittier Of Nevada Inc invested 0.01% in Alcoa Corporation (NYSE:AA).

Alcoa Corporation (NYSE:AA) reported a decrease of 7.32% in shares shorted. It was published in December by FINRA the 8.47M shares shorted on AA. The 9.14 million previous shares are down with 7.32%. Former AA’s position will need 3 days to recover. It has 2.90M average volume.

The stock decreased 2.80% or $0.83 during the last trading session, hitting $28.82.Currently Alcoa Corporation is downtrending after 6.62% change in last December 8, 2017. AA has also 3.38 million shares volume. AA underperformed the S&P500 by 22.24%.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The firm is valued at $5.38 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.Currently it has negative earnings. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

Alcoa Corporation (NYSE:AA) Ratings Coverage

In total 7 analysts cover Alcoa Inc (NYSE:AA). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. (NYSE:AA) has 86% bullish analysts. 9 are the (NYSE:AA)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. On Wednesday, November 28 Vertical Research initiated the shares of AA in report with “Buy” rating. On Wednesday, September 12 the firm earned “Buy” rating by FBR Capital. On Tuesday, September 25 the firm earned “Outperform” rating by Credit Suisse. The company rating was initiated by FBR Capital on Wednesday, June 20. On Thursday, July 19 Credit Suisse maintained Alcoa Corporation (NYSE:AA) with “Outperform” rating. In Tuesday, July 24 report Deutsche Bank maintained it with “Buy” rating and $55 target. The stock rating was maintained by Citigroup with “Neutral” on Friday, November 16. On Thursday, July 19 the stock of Alcoa Corporation (NYSE:AA) has “Outperform” rating given by BMO Capital Markets. On Monday, July 23 the company was maintained by Morgan Stanley.

For more Alcoa Corporation (NYSE:AA) news brought out recently go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Businesswire.com or Seekingalpha.com. The titles are as follows: “Near a 2-Year Low, Is Alcoa a Buy? – Motley Fool” brought out on December 08, 2018, “Alcoa Corporation (AA) Presents at Goldman Sachs Global Metals & Mining Conference (Transcript) – Seeking Alpha” on November 28, 2018, “Alcoa hits lowest in 16 months amid aluminum demand concerns – Seeking Alpha” with a publish date: November 19, 2018, “Alcoa Corporation Amends and Restates Revolving Credit Agreement – Business Wire” and the last “Alcoa Without Tariffs – Seeking Alpha” with publication date: November 23, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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