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HC Wainwright Trims Electra Battery Materials (NASDAQ:ELBM) Target Price to $2.50

Electra Battery Materials (NASDAQ:ELBM – Free Report) had its target price lowered by HC Wainwright from $4.50 to $2.50 in a research note published on Monday, Marketbeat.com reports. The brokerage currently has a buy rating on the stock. HC Wainwright also issued estimates for Electra Battery Materials’ FY2023 earnings at ($0.50) EPS. Separately, Alliance Global […] ....

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HC Wainwright Lowers Electra Battery Materials (NASDAQ:ELBM) Price Target to $2.50

Electra Battery Materials (NASDAQ:ELBM – Get Free Report) had its target price decreased by stock analysts at HC Wainwright from $4.50 to $2.50 in a report released on Monday, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price objective would suggest a potential upside of 255.62% from the company’s […] ....

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Short Interest in Electra Battery Materials Co. (NASDAQ:ELBM) Grows By 89.0%

Electra Battery Materials Co. (NASDAQ:ELBM – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 1,360,000 shares, an increase of 89.0% from the July 15th total of 719,500 shares. Based on an average daily volume of 1,450,000 shares, the short-interest ratio is currently […] ....

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Lord Abbett & CO. LLC Invests $22.23 Million in Freeport-McMoRan Inc. (NYSE:FCX)

Lord Abbett & CO. LLC bought a new position in shares of Freeport-McMoRan Inc. (NYSE:FCX – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 585,000 shares of the natural resource company’s stock, valued at approximately $22,230,000. A number of other […] ....

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CI Investments Inc. Sells 10,000 Shares of SPDR S&P Biotech ETF (NYSEARCA:XBI)

CI Investments Inc. reduced its stake in SPDR S&P Biotech ETF (NYSEARCA:XBI – Get Rating) by 17.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,171 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. CI Investments Inc. […] ....

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