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Affiliated Managers Group, Inc. (NYSE:AMG) Short Interest Update

Affiliated Managers Group, Inc. (NYSE:AMG – Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 560,700 shares, a growth of 53.4% from the February 29th total of 365,600 shares. Based on an average daily volume of 215,600 shares, the days-to-cover […] ....

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AMG cuts 2024 profit target as low lithium prices weigh, Auto News, ET Auto

Amg: The group now expects adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of around USD 130 million for the full-year compared with USD 200 million it expected previously. The cut was due to lower prices of metals used in batteries, lithium and vanadium, with profits from each expected to drop this year by USD 60 million and USD 10 million respectively. ....

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