Alliance One International, Inc (NYSE:AOI):
Alliance One Announces Arrangements for Fiscal Year 2018 Second Quarter Financial Results Investor Call.
The company is down from yesterday’s close of $10.70.
Alliance One International, Inc., launched on October 19, 1994, is principally engaged in purchasing, processing, storing and selling leaf tobacco. The Company purchases tobacco primarily in the United States, Africa, Europe, South America and Asia for sale to customers primarily in the United States, Europe and Asia. The Business’s segments include North America and Other regions. The North America segment includes Wilson, N.C., Farmville, N.C. and Danville, VA in the United States. The Other regions segment includes South America, Africa, Europe and Asia. It operates in Venancio Aires, Brazil; Ararangua, Brazil, and El Carril, Argentina in South America. It operates in Lilongwe, Malawi; Morogoro, Tanzania, and Harare, Zimbabwe in Africa. It operates in Karlsruhe, Germany in Europe. It operates in Ngoro, Indonesia in Asia..
The stock last traded at $10.70 a bit lower than the 50 day moving average which is $10.93 and which is quite a bit lower than the 200 day moving average of $12.53. The 50 day moving average was down $-0.23 and the 200 day average went down by -14.61%.
Traders are more bullish on shares of Alliance One International, Inc recently if you put credence in the downtick in short interest. The firm saw a fall in short interest of -6.71% between September 29, 2017 and October 13, 2017. Short shares fell from 119,355 to 111,350 over that timeframe. Days to cover decreased -3.0 to 2.0 and the short interest percentage is 0.01% as of October 13.Advertisement