After Reaching Milestone, Is AMCOR LTD ORDINARY SHARES (OTCMKTS:AMCRF)’s Short Interest Revealing Something?

April 17, 2018 - By Adrian Erickson

Amcor Limited (OTCMKTS:AMCRF) Logo

The stock of AMCOR LTD ORDINARY SHARES (OTCMKTS:AMCRF) registered an increase of 1.05% in short interest. AMCRF’s total short interest was 1.57M shares in April as published by FINRA. Its up 1.05% from 1.56M shares, reported previously. With 4,400 shares average volume, it will take short sellers 357 days to cover their AMCRF’s short positions. The short interest to AMCOR LTD ORDINARY SHARES’s float is 0.14%.

It closed at $10.75 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. The company has market cap of $12.56 billion. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments divisions. It has a 19.58 P/E ratio. The firm makes rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications.

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