NewsPrimary ALALUMINA IS AMONG THE COMPANIES IN THE ALUMINUM INDUSTRY WITH THE SMALLEST SHORT INTEREST (AWC, CENX, NOR, AA, KALU)
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ALUMINA IS AMONG THE COMPANIES IN THE ALUMINUM INDUSTRY WITH THE SMALLEST SHORT INTEREST (AWC, CENX, NOR, AA, KALU)

Edited by : AL CIRCLE
2 min read
Below are the top five companies in the Aluminum industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.

Alumina (NYSE:AWC - Snapshot Report) has a short interest ratio of 2.1 based on average daily volume of 141,000 shares and 303,000 shares short. That equates to 0% of the 610 million shares outstanding.

Century Aluminum (NASDAQ:CENX - Snapshot Report) has a short interest ratio of 2.5 based on average daily volume of 1 million shares and 4.3 million shares short. That equates to 4.6% of the 93.1 million shares outstanding.

Noranda Aluminum (NYSE:NOR - Snapshot Report) has a short interest ratio of 2.5 based on average daily volume of 206,000 shares and 518,000 shares short. That equates to 0.8% of the 66.8 million shares outstanding.

Alcoa (NYSE:AA - Analyst Report) has a short interest ratio of 3 based on average daily volume of 20 million shares and 61.6 million shares short. That equates to 5.8% of the 1.1 billion shares outstanding.

Kaiser Aluminum (NASDAQ:KALU - Snapshot Report) has a short interest ratio of 8 based on average daily volume of 155,000 shares and 1.2 million shares short. That equates to 6.5% of the 19.3 million shares outstanding.

SmarTrend currently has shares of Kaiser Aluminum in an Uptrend and issued the Uptrend alert on June 24, 2011 at $52.41. The stock has risen 6.6% since the Uptrend alert was issued.

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