14.6% decrease in A. O. Smith Co.'s short interest in August, shares shorted down to 2.39 million.
A. O. Smith Co. experienced a 14.6% decrease in short interest in August, with shares shorted falling to 2.39 million. The current short interest ratio stands at 2.5 days. Analysts have mixed views on the stock; Robert W. Baird lowered its target price to $90 while Stifel Nicolaus and UBS Group adjusted their ratings and price targets. The company reported a 6.6% revenue increase, earnings per share of $1.06, and announced a quarterly dividend of $0.32.
September 03, 2024
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