Short Interest Worth Mentioning Today: Is Buying Atkore International Group Incorporated (NYSE:ATKR), Having Lower Short Interest a Winning Strategy?

November 24, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Worth Mentioning Today: Is Buying Atkore International Group Incorporated (NYSE:ATKR), Having Lower Short Interest a Winning Strategy?

The stock of Atkore International Group Incorporated (NYSE:ATKR) registered a decrease of 24.57% in short interest. ATKR’s total short interest was 286,800 shares in November as published by FINRA. Its down 24.57% from 380,200 shares, reported previously. With 109,500 shares average volume, it will take short sellers 3 days to cover their ATKR’s short positions. The short interest to Atkore International Group Incorporated’s float is 2.36%. The stock increased 1.88% or $0.39 on November 23, hitting $21.17. About 100,946 shares traded hands. Atkore International Group Inc (NYSE:ATKR) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

Atkore International Group Inc, located in the US, makes and wholesales galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components. The company has a market cap of $1.31 billion.

More important recent Atkore International Group Inc (NYSE:ATKR) news were published by: Marketwatch.com which released: “Atkore International Group trading above issue price in market debut” on June 10, 2016, also Marketwatch.com published article titled: “Atkore International Group Inc.”, Businesswire.com published: “Keith Whisenand Joins Atkore International as Vice President of Investor Relations” on August 09, 2016. More interesting news about Atkore International Group Inc (NYSE:ATKR) was released by: Businesswire.com and their article: “Atkore International Group Inc. Prices Initial Public Offering of Common Stock” with publication date: June 09, 2016.

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By Clifton Ray


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