InvestorsHub Logo

conix

01/17/20 10:02 AM

#74 RE: Penny Roger$ #48

Dana was the recipient of a large growth in short interest in the month of December.

As of December 31st, there was short interest totalling 4,520,000 shares, a growth of 5.1% from the December 15th total of 4,300,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 3.2% of the shares of the company are sold short.

conix

02/19/20 1:17 PM

#76 RE: Penny Roger$ #48

Credit Suisse confident on Dana

Feb. 13, 2020 2:34 PM ET|About: Dana Incorporated (DAN)|By: Clark Schultz, SA News Editor

Credit Suisse sees some silver linings from Dana's (DAN +4.9%) mixed Q4 report.

"While a disappointment, we’d nevertheless flag silver linings from solid ’20 FCF, a healthy backlog in ’21, and guidance that is potentially conservative," updates analyst Dan Levy.

The firm keeps an Outperform rating on Dana and price target of $20 vs. the average sell-side PT of $20.67.