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Alcoa (NYSE:AA) Short Interest Up 19.6% in March
Alcoa (NYSE:AA) experienced a significant 19.6% increase in short interest in March, totaling 8,612,080 shares, representing 3.3% of its shares short. This rise indicates increased bearish sentiment, with a days-to-cover ratio of 1.1 days. The stock’s performance reflects mixed analyst ratings and market volatility, influenced by geopolitical supply shocks and strong quarterly earnings that beat analyst estimates.