Ball Corporation (BLL): Price Target and June Short Interest Disclosure

Ball Corporation (BLL) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $86 and the lowest price target forecast is $79. The average forecast of all the analysts is $82.5 and the expected standard deviation is $3.51.

Ball Corporation (BLL) has seen a rise of 2,022,282 shares or 12.3% in the short interest. The remaining shorts are 14% of the total floated shares. The net short interest, as on June 30,2016, stood at 18,424,930 shares and the stocks days to cover will be 6 by factoring in the average per day volume of 3,288,077 shares. On June 15,2016, 16,402,648 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Ball Corporation (NYSE:BLL): On Thursdays trading session , Opening price of the stock was $71.62 with an intraday high of $71.62. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.39. However, the stock managed to close at $71.3, a loss of 0.04% for the day. On the previous day, the stock had closed at $71.33. The total traded volume of the day was 5,010,345 shares.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

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