AMCOR LTD ORDINARY SHARES (OTCMKTS:AMCRF) Could Burn Your Long Portfolio After More Shorts

September 14, 2018 - By Clara Lewis

Amcor Limited (OTCMKTS:AMCRF) Logo

The stock of AMCOR LTD ORDINARY SHARES (OTCMKTS:AMCRF) registered an increase of 19.41% in short interest. AMCRF’s total short interest was 3.89 million shares in September as published by FINRA. Its up 19.41% from 3.26 million shares, reported previously. With 200 shares average volume, it will take short sellers 19469 days to cover their AMCRF’s short positions.

It closed at $10.03 lastly. It is down 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. The company has market cap of $11.56 billion. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments divisions. It has a 16.13 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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