Amerisourcebergen Corporation (NYSE:ABC) Sellers Strengthened By 6.95% Their Shorts

AmerisourceBergen Corporation (NYSE:ABC) Corporate Logo

Amerisourcebergen Corporation (NYSE:ABC) had an increase of its short interest by 6.95%. In December was published ABC’s total 3.87 million short interest by FINRA. The 3.62 million previous shares are up with 6.95%. Previous ABC’s position will need 4 days to restore. It has 937,600 average volume. Amerisourcebergen Corporation’s short interest float is 2.43%.

ABC reached $84.32 during the last trading session after $1.66 change.AmerisourceBergen Corporation has volume of 934,709 shares. Since December 8, 2017 ABC has risen 1.56% and is uptrending. The stock underperformed the S&P 500 by 14.06%.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.The firm is valued at $17.87 billion. The Company’s Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers.The P/E ratio is 11.2. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers.

AmerisourceBergen Corporation (NYSE:ABC) Ratings Coverage

In total 3 analysts cover AmerisourceBergen (NYSE:ABC). “Buy” rating has 0, “Sell” are 0, while 3 are “Hold”. 0 are bullish. 4 are the (NYSE:ABC)’s analyst reports since July 3, 2018 according to StockzIntelligence Inc. On Monday, December 3 the company was maintained by Morgan Stanley. On Friday, November 30 RBC Capital Markets maintained the shares of ABC in report with “Sector Perform” rating. On Friday, July 20 Robert W. Baird downgraded the shares of ABC in report to “Neutral” rating. On Tuesday, July 3 Morgan Stanley maintained the shares of ABC in report with “Equal-Weight” rating.

For more AmerisourceBergen Corporation (NYSE:ABC) news announced briefly go to: Streetinsider.com, Bizjournals.com, Seekingalpha.com, Digitaljournal.com or Finance.Yahoo.com. The titles are as follows: “Baupost Group’s 13F Shows New Stake in Liberty (LBTYK), Univar (UNVR), Increase in AmerisourceBergen (ABC), (more …) – StreetInsider.com” announced on November 13, 2018, “AmerisourceBergen’s Natomas distribution center plans big solar installation – Sacramento Business Journal” on December 07, 2018, “Opioid industry fights New York Stewardship Act – Seeking Alpha” with a publish date: November 20, 2018, “NYSE: ABC Shareholder Notice: Investigation over Possible Securities Laws Violations by AmerisourceBergen Corporation – Press Release – Digital Journal” and the last “Stocks – Dow Drops Nearly 400 Points as Apple Leads Tech Rout – Yahoo News” with publication date: November 19, 2018.

AmerisourceBergen Corporation (NYSE:ABC) Analyst Ratings Chart

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