Alcoa Corporation (NYSE:AA) Shorts Reduced By 7.32% As Of Dec 8, 2018

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 improved. 1 rose positions while 3 funds bought positions. Funds hold 360,979 shares thus 43.80% more from 2018Q1’s 251,028 shares.
Whittier Tru Communications Of Nevada has 0.01% invested in Alcoa Corporation (NYSE:AA) for 3,755 shs. 148 are held by Nelson Roberts Invest Advsr Limited Company. Carmignac Gestion stated it has 325,000 shs. Gemmer Asset Mngmt Lc reported 42 shs or 0% of all its holdings. Whittier Trust holds 0.02% of its capital in Alcoa Corporation (NYSE:AA) for 31,687 shs. Vantage Advsr Ltd Limited Liability Company stated it has 347 shs.

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

AA is hitting $28.82 during the last trading session, after decreased 2.80%.Alcoa Corporation has volume of 3.38M shares. Since December 8, 2017 AA has declined 6.62% and is downtrending. AA underperformed by 22.24% the S&P500.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The firm is worth $5.38 billion. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.Last it reported 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”. 86% are bullish. 9 are the (NYSE:AA)’s analyst reports since June 20, 2018 according to StockzIntelligence Inc. On Thursday, July 19 Credit Suisse maintained Alcoa Corporation (NYSE:AA) with “Outperform” rating. In Wednesday, November 28 report Vertical Research initiated the stock with “Buy” rating. On Monday, July 23 the company was maintained by Morgan Stanley. On Friday, November 16 the stock of Alcoa Corporation (NYSE:AA) earned “Neutral” rating by Citigroup. On Tuesday, September 25 the stock has “Outperform” rating by Credit Suisse. On Thursday, July 19 the firm has “Outperform” rating by BMO Capital Markets given. On Wednesday, September 12 the stock of Alcoa Corporation (NYSE:AA) earned “Buy” rating by FBR Capital. In Wednesday, June 20 report FBR Capital initiated it with “Hold” rating and $4700 target. On Tuesday, July 24 the rating was maintained by Deutsche Bank with “Buy”.

For more Alcoa Corporation (NYSE:AA) news announced recently go to: Fool.com, Seekingalpha.com, Businesswire.com, Fool.com or Fool.com. The titles are as follows: “Near a 2-Year Low, Is Alcoa a Buy? – Motley Fool” announced on December 08, 2018, “Alcoa hits lowest in 16 months amid aluminum demand concerns – Seeking Alpha” on November 19, 2018, “Alcoa Corporation Amends and Restates Revolving Credit Agreement – Business Wire” with a publish date: November 26, 2018, “Alcoa’s Relief From Aluminum Tariffs Might Hinge on Canadian Dairy – The Motley Fool” and the last “Why Alcoa Stock Just Jumped 9% – The Motley Fool” with publication date: November 28, 2018.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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