Is Aluminum Corporation China Limited (NYSE:ACH) a Buy? The Stock Reported Less Sellers

June 20, 2017 - By Vivian Currie

 Is Aluminum Corporation China Limited (NYSE:ACH) a Buy? The Stock Reported Less Sellers

The stock of Aluminum Corporation China Limited (NYSE:ACH) registered a decrease of 12.64% in short interest. ACH’s total short interest was 76,700 shares in June as published by FINRA. Its down 12.64% from 87,800 shares, reported previously. With 52,200 shares average volume, it will take short sellers 2 days to cover their ACH’s short positions. The short interest to Aluminum Corporation China Limited’s float is 0.02%.

It closed at $12.46 lastly. It is down 54.21% since June 20, 2016 and is uptrending. It has outperformed by 37.51% the S&P500.

Aluminum Corporation of China Limited is an aluminum producer with activities in bauxite and coal mining, alumina refining and primary aluminum smelting. The company has market cap of $9.35 billion.

Aluminum Corp. of China Limited (ADR) (NYSE:ACH) Ratings Coverage

Among 2 analysts covering Alum. Corp China (NYSE:ACH), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Alum. Corp China had 3 analyst reports since August 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Thursday, March 24. The stock of Aluminum Corp. of China Limited (ADR) (NYSE:ACH) has “Sell” rating given on Monday, December 7 by Goldman Sachs. Credit Suisse upgraded Aluminum Corp. of China Limited (ADR) (NYSE:ACH) on Monday, August 31 to “Neutral” rating.

Another recent and important Aluminum Corp. of China Limited (ADR) (NYSE:ACH) news was published by Quotes.Wsj.com which published an article titled: “Aluminum Corp. of China Ltd. ADR ACH (US: NYSE)” on February 11, 2011.

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