What’s Milacron Holdings Corporation (NYSE:MCRN) Upside After This Short Interest Decrease?

February 15, 2018 - By Migdalia James

 What's Milacron Holdings Corporation (NYSE:MCRN) Upside After This Short Interest Decrease?

The stock of Milacron Holdings Corporation (NYSE:MCRN) registered a decrease of 14.88% in short interest. MCRN’s total short interest was 478,900 shares in February as published by FINRA. Its down 14.88% from 562,600 shares, reported previously. With 899,500 shares average volume, it will take short sellers 1 days to cover their MCRN’s short positions.

The stock increased 2.64% or $0.48 during the last trading session, reaching $18.66. About 187,194 shares traded. Milacron Holdings Corp. (NYSE:MCRN) has risen 16.99% since February 15, 2017 and is uptrending. It has outperformed by 0.29% the S&P500.

Milacron Holdings Corp. manufactures, distributes, and services engineered and customized systems within the plastic technology and processing industry in the United States and internationally. The company has market cap of $1.30 billion. The firm operates through three divisions: Advanced Plastic Processing Technologies , Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). It currently has negative earnings. The APPT segment designs, makes, and sells injection molding, blow molding, and extrusion equipment; and auxiliary systems and related parts and service.

Milacron Holdings Corp. (NYSE:MCRN) Ratings Coverage

Among 7 analysts covering Milacron Holdings Corp (NYSE:MCRN), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Milacron Holdings Corp had 14 analyst reports since August 4, 2015 according to SRatingsIntel. The company was initiated on Tuesday, August 4 by Credit Suisse. The rating was initiated by Bank of America on Tuesday, August 4 with “Buy”. The stock of Milacron Holdings Corp. (NYSE:MCRN) earned “Overweight” rating by Barclays Capital on Monday, October 5. The firm earned “Outperform” rating on Tuesday, August 4 by William Blair. Robert W. Baird initiated the stock with “Outperform” rating in Tuesday, August 4 report. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, August 4. JP Morgan initiated Milacron Holdings Corp. (NYSE:MCRN) rating on Tuesday, August 4. JP Morgan has “Neutral” rating and $20 target. As per Friday, September 15, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird with “Buy” on Friday, November 10. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, August 4.

More notable recent Milacron Holdings Corp. (NYSE:MCRN) news were published by: Businesswire.com which released: “Milacron to Participate in Baird’s 2017 Industrial Conference” on October 30, 2017, also Businesswire.com with their article: “Milacron Expands Co-injection Product Suite with KortecĀ® Connect Alongside its …” published on January 25, 2018, Businesswire.com published: “Milacron Holdings Corp. To Announce Fourth Quarter 2017 Results” on February 06, 2018. More interesting news about Milacron Holdings Corp. (NYSE:MCRN) were released by: Businesswire.com and their article: “Milacron Holdings Corp. To Host Investor Meeting” published on April 21, 2017 as well as Seekingalpha.com‘s news article titled: “Milacron Holdings’ (MCRN) CEO Tom Goeke on Q1 2017 Results – Earnings Call …” with publication date: April 30, 2017.

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