ALUMINUM CORPORATION CHINA LIMITED (NYSE:ACH) SHORTED SHARES INCREASED BY 29.78%

The stock of Aluminum Corporation China Limited (NYSE:ACH) registered an increase of 29.78% in short interest. ACH’s total short interest was 346,000 shares in May as published by FINRA. Its up 29.78% from 266,600 shares, reported previously. With 39,800 shares average volume, it will take short sellers 9 days to cover their ACH’s short positions. The short interest to Aluminum Corporation China Limited’s float is 0.1%. The stock decreased 0.27% or $0.02 on May 20, hitting $7.47. Aluminum Corp. of China Limited (ADR) (NYSE:ACH) has declined 19.85% since October 15, 2015 and is downtrending. It has underperformed by 21.26% the S&P500.

Aluminum Corporation of China Limited is a producer of alumina and primary aluminum in China. The company has a market cap of $7.72 billion. The Firm has five business divisions: alumina, primary aluminum, trading, energy and corporate and other operating. It has a 139.65 P/E ratio. The Company’s alumina segment includes the mining and purchasing of bauxite and other raw materials, and production and sale of alumina, as well as alumina-related products.

Out of 1 analysts covering Alum. Corp China (NYSE:ACH), 0 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means NaN are positive. Alum. Corp China has been the topic of 3 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded the stock on March 24 to “Neutral” rating.

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