Huntsman Corporation (HUN): Price Target and June Short Interest Disclosure

Huntsman Corporation (HUN) : The consensus price target for Huntsman Corporation (HUN) is $16 for the short term with a standard deviation of $3.61. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $19, however, the pessimist price target for the company is $12.

Huntsman Corporation (HUN) reported a drop of 22.7% or 1,862,543 shares in its short interest. The short figure came in at 3.2% of the total floats. The average daily volume of 3,919,021 shares suggests that the days to cover 6,334,585 short positions, as on June 30,2016, will be 2. On June 15,2016, the short interest was 8,197,128 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Huntsman Corporation (NYSE:HUN): stock turned positive on Thursday. Though the stock opened at $15.67, the bulls momentum made the stock top out at $15.95 level for the day. The stock recorded a low of $15.39 and closed the trading day at $15.63, in the green by 0.64%. The total traded volume for the day was 2,256,203. The stock had closed at $15.53 in the previous days trading.

Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide, a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products, and specialty automotive molded components. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments and Additives. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging and paints and coatings.

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