It Seems Milacron Holdings Corp (NYSE:MCRN) Will Go Up. Just Reported Less Shorted Shares

June 1, 2018 - By Adrian Mccoy

Milacron Holdings Corp. (NYSE:MCRN) Logo

The stock of Milacron Holdings Corp (NYSE:MCRN) registered a decrease of 26.98% in short interest. MCRN’s total short interest was 322,900 shares in June as published by FINRA. Its down 26.98% from 442,200 shares, reported previously. With 458,800 shares average volume, it will take short sellers 1 days to cover their MCRN’s short positions. The short interest to Milacron Holdings Corp’s float is 0.47%.

The stock increased 1.79% or $0.35 during the last trading session, reaching $20.06. About 110,653 shares traded. Milacron Holdings Corp. (NYSE:MCRN) has risen 14.32% since June 1, 2017 and is uptrending. It has outperformed by 1.75% the S&P500.

Milacron Holdings Corp. manufactures, distributes, and services engineered and customized systems within the plastic technology and processing industry in the United States and internationally. The company has market cap of $1.41 billion. The firm operates through three divisions: Advanced Plastic Processing Technologies , Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). It has a 1253.91 P/E ratio. The APPT segment designs, makes, and sells injection molding, blow molding, and extrusion equipment; and auxiliary systems and related parts and service.

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