Alumina Limited (OTCMKTS:AWCMY – Get Rating) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 19,100 shares, an increase of 24.0% from the March 15th total of 15,400 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is presently 2.9 days.
Shares of OTCMKTS:AWCMY opened at $5.55 on Tuesday. Alumina has a 52-week low of $4.44 and a 52-week high of $6.99. The business’s 50 day moving average is $5.90 and its 200 day moving average is $5.73.
Separately, JPMorgan Chase & Co. downgraded Alumina from an “overweight” rating to a “neutral” rating in a research report on Thursday, January 20th.
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, Spain, and Saudi Arabia; and holds a 55% interest in the Portland aluminum smelter in Victoria, Australia.
- Get a free copy of the StockNews.com research report on Alumina (AWCMY)
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