Short Interest Alert: A Reversal for Constellium NV (NYSE:CSTM) Is Near. The Stock Has Decrease in Shorts

November 30, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest Alert: A Reversal for Constellium NV (NYSE:CSTM) Is Near. The Stock Has Decrease in Shorts

The stock of Constellium NV (NYSE:CSTM) registered a decrease of 33.1% in short interest. CSTM’s total short interest was 274,700 shares in November as published by FINRA. Its down 33.1% from 410,600 shares, reported previously. With 832,000 shares average volume, it will take short sellers 0 days to cover their CSTM’s short positions. The short interest to Constellium NV’s float is 0.38%. About 224,264 shares traded hands. Constellium NV (NYSE:CSTM) has declined 7.26% since April 27, 2016 and is downtrending. It has underperformed by 12.49% the S&P500.

Constellium N.V., formerly Constellium Holdco BV, is a Netherlands company, which is engaged in the manufacture of aluminum products and solutions. The company has a market cap of $640.14 million. The Firm is a supplier of such sectors as: aerospace, automotive and packaging. It currently has negative earnings. The Firm offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles, as well as tubes and bars, among others.

Constellium NV (NYSE:CSTM) Ratings Coverage

Out of 11 analysts covering Constellium NV (NYSE:CSTM), 8 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 73% are positive. Constellium NV has been the topic of 13 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Seaport Global on Friday, September 9. Deutsche Bank maintained it with “Buy” rating and $14 target price in Thursday, August 6 report. Cowen & Co initiated Constellium NV (NYSE:CSTM) on Monday, September 21 with “Market Perform” rating. The firm has “Hold” rating given on Friday, May 20 by Societe Generale. Citigroup maintained it with “Neutral” rating and $7 target price in Monday, October 5 report. Sterne Agee CRT maintained it with “Buy” rating and $12 target price in Friday, October 2 report. The rating was upgraded by Seaport Global on Wednesday, November 23 to “Buy”. The stock of Constellium NV (NYSE:CSTM) has “Outperform” rating given on Friday, March 11 by Credit Suisse. The stock of Constellium NV (NYSE:CSTM) has “Overweight” rating given on Wednesday, March 16 by JP Morgan. Deutsche Bank maintained the stock with “Buy” rating in Monday, October 5 report.

More important recent Constellium NV (NYSE:CSTM) news were published by: Moodys.com which released: “Moody’s downgrades Constellium CFR to B3; negative outlook” on December 18, 2015, also Streetinsider.com published article titled: “Constellium N.V. (CSTM) CFO Didier Fontaine to Pursue Another Opportunity”, Moodys.com published: “Moody’s assigns (P)B2 rating to senior secured notes and downgrades unsecured …” on March 16, 2016. More interesting news about Constellium NV (NYSE:CSTM) was released by: Streetinsider.com and their article: “Constellium N.V. (CSTM), UACJ to Expand Joint Venture to Produce Body-in-White …” with publication date: March 10, 2016.

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By Marguerite Chambers


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