Chemours Company (The) (CC): Price Target and June Short Interest Disclosure

Chemours Company (The) (CC) : Currently there are 4 street experts covering Chemours Company (The) (CC) stock. The most bullish and bearish price target for the stock is $15 and $9 respectively for the short term. The average price target of all the analysts comes to $11.75. The estimated standard deviation from the target is $2.75.

Chemours Company (The) (CC), A reduction of 390,339 shares or 2.3% was observed in the short interest of The Chemours Company The interest on June 30,2016 came in at 16,289,715 shares and as per the average daily trading of 4,302,279 shares, the days to cover are 4. The reduced interest is 9% of the floated shares. The data of June 15,2016 put the interest at 16,680,054 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Citigroup maintains their rating on the shares of Chemours Company (The) (NYSE:CC). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $8 per share from $5 per share. The rating by the firm was issued on April 18, 2016.


Chemours Company (The) (NYSE:CC): stock turned positive on Thursday. Though the stock opened at $8.39, the bulls momentum made the stock top out at $8.8699 level for the day. The stock recorded a low of $8.39 and closed the trading day at $8.78, in the green by 6.30%. The total traded volume for the day was 3,112,392. The stock had closed at $8.26 in the previous days trading.

The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets, including plastics and coatings, refrigeration and air conditioning, general industrial, and mining and oil refining. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands, including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands, including Suva, ISCEON, Freon, Opteon, Teflon, Tefzel, Viton, Krytox, Formacel, Dymel, FM 200, Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands, including Virkon and Oxone. The Companys products include titanium dioxide, refrigerants, industrial fluoropolymer resins, sodium cyanide, sulfuric acid and aniline.

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