Thursday 1 October 2015

Ford Motor Company (F) Shares Update



The auto making giant has so far fallen by around 5.68 percent on the stock index since the commencement of the new fiscal year.

Fords Motors has recently shown a massive change in the stock index which is being taken as quite a positive activity coming from the auto giant which was previously facing a very difficult time in the market. The economic downfall which was faced in China affected the auto companies all around the world in a very negative way and the auto company was one of the firms which faced a very low share price throughout the downfall in the Asian region. However the smart car maker has shown a lot of strength on the index lately which has brought about a bullish behavior of the analysts towards the company. Auto makers in the United States has always been on the way to enter the international markets as well, as that not only increases popularity but also improves business and sales on a great level. As for Fords, the records show how the firm is already working quite efficiently in the global markets and countries like Brazil and China are where the giant is quite established in. This is one of the major reasons why the Chinese economic fall put such a bad effect on the stock of the luxury car makers in the first place. Last month, Fords stock touched new lows by falling a massive 7.48 percent on an overall basis, while the stock decreased by around 8.9 percent on the S&P 500 alone. Another thing to be kept in mind is that the auto company was not the only one which went down on the stock by such a huge difference as other auto giants of the country also faced similar situations. Currently, the investors of the firm have shown that they do have a lot of faith in the auto firm’s stock but still have chosen to trade with caution in the near future. The short interest of the firm, on the other hand, has gone up by a colossal $8.7 million which resulted in the total short interest shares to reach a value of $101.57 million. As for the ratio of short interest trade, the numbers have come out to be at 2.91 by the end of the last month, from a ratio of 4.36 which was noted down just a couple of weeks before. The firm has been carrying out trading volume with 34.89 million shares which was recorded at 21.30 million shares two weeks before the month ended. Nine months into the year and the auto company has lost around 5.68 percent on the S&P 500 so far. 

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