Ford Motor Company (F): Price Target and June Short Interest Disclosure

Ford Motor Company (F) stock is expected to deviate a maximum of $2.6 from the average target price of $15.82 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $20 and the most muted being $12.

Ford Motor Company (F) has shown a drop of 0.8% or 1,269,997 shares in the short positions. The bets have increased to 148,301,677 shares on June 30,2016 from 149,571,674 shares on June 15,2016. With respect to the floated shares, the shorts are 3.8%. The days to cover are calculated to be 4, using the standard per day volume of 40,259,204 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Bank of America downgrades its rating on Ford Motor Company (NYSE:F). Analysts at the Bank of America have a current rating of Neutral on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 29, 2016.


Ford Motor Company (NYSE:F): stock turned positive on Thursday. Though the stock opened at $13.57, the bulls momentum made the stock top out at $13.7 level for the day. The stock recorded a low of $13.55 and closed the trading day at $13.59, in the green by 0.82%. The total traded volume for the day was 31,802,953. The stock had closed at $13.48 in the previous days trading.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses, including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary, Ford Motor Credit Company LLC, it provides automotive financing products to and through automotive dealers throughout the world.

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