Ferro Corporation (NYSE:FOE) on Focus After Report of More Shorts

Ferro Corporation (NYSE:FOE) Logo

Investors sentiment increased to 0.88 in Q2 2018. Its up 0.17, from 0.71 in 2018Q1. It improved, as 25 investors sold Ferro Corporation shares while 59 reduced holdings. 21 funds opened positions while 53 raised stakes. 79.66 million shares or 0.12% more from 79.57 million shares in 2018Q1 were reported.
Teacher Retirement Sys Of Texas holds 16,204 shares. Pitcairn invested 0.03% of its portfolio in Ferro Corporation (NYSE:FOE). Victory Mgmt Inc holds 0.19% in Ferro Corporation (NYSE:FOE) or 4.24 million shares. Geode Capital Mngmt Lc holds 0% or 766,102 shares. 361,789 are owned by Morgan Stanley. Aqr invested in 0% or 36,493 shares. Jpmorgan Chase has invested 0.01% of its portfolio in Ferro Corporation (NYSE:FOE). Swiss Bancshares holds 138,500 shares. Invesco Limited reported 214,399 shares stake. Regions Financial holds 0% in Ferro Corporation (NYSE:FOE) or 12,228 shares. Moreover, Argent Mngmt Ltd Liability has 0.12% invested in Ferro Corporation (NYSE:FOE). Deutsche Bank Ag owns 251,770 shares. Gabelli Funds Lc has invested 0.44% of its portfolio in Ferro Corporation (NYSE:FOE). Toth Finance Advisory owns 6,530 shares. Nuveen Asset Ltd Llc owns 159,959 shares.

Since November 15, 2018, it had 0 insider purchases, and 2 selling transactions for $249,026 activity. 5,426 Ferro Corporation (NYSE:FOE) shares with value of $105,959 were sold by Schlater Benjamin.

The stock of Ferro Corporation (NYSE:FOE) registered an increase of 20.81% in short interest. FOE’s total short interest was 1.92M shares in December as published by FINRA. Its up 20.81% from 1.59M shares, reported previously. With 311,800 shares average volume, it will take short sellers 6 days to cover their FOE’s short positions. The short interest to Ferro Corporation’s float is 2.31%.

The stock decreased 3.02% or $0.54 during the last trading session, reaching $17.33. About 616,293 shares traded. Ferro Corporation (NYSE:FOE) has risen 11.46% since December 8, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Ferro Corporation produces specialty materials in the United States and internationally. The company has market cap of $1.44 billion. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. It has a 24.37 P/E ratio. The firm offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.

More notable recent Ferro Corporation (NYSE:FOE) news were published by: Benzinga.com which released: “Earnings Scheduled For November 9, 2018 – Benzinga” on November 09, 2018, also Seekingalpha.com with their article: “U.S. files charges against HP foe – Seeking Alpha” published on November 30, 2018, Seekingalpha.com published: “Ferro Corporation 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 09, 2018. More interesting news about Ferro Corporation (NYSE:FOE) were released by: Streetinsider.com and their article: “Form SC 13D/A ASHLAND GLOBAL HOLDINGS Filed by: Cruiser Capital Advisors, LLC – StreetInsider.com” published on November 23, 2018 as well as Globenewswire.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Planet Fitness, Ferro, NII, Invacare, Basic Energy Services, and Express — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” with publication date: November 12, 2018.

Ferro Corporation (NYSE:FOE) Institutional Positions Chart

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