Ball Corporation's short interest increased 6.4% in October, with mixed analyst ratings and strong Q3 earnings.

Ball Corporation's short interest rose by 6.4% in October, totaling 6.13 million shares, with a days-to-cover ratio of 4.2 days. Analysts' ratings are mixed; some have raised target prices, while others have lowered them, with prices ranging from $59 to $78. Ball reported Q3 earnings per share of $0.91, exceeding estimates, and announced a quarterly dividend of $0.20. The company primarily produces aluminum packaging for various industries.

November 01, 2024
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