Freeport-McMoRan emerges from its Q3 earnings week with analysts revising their numbers lower, the stock down 4% on the week but finding its footing, and the post-print picture now clearer than it was during two weeks of pre-earnings hedging. The Street's reaction to the Q3 numbers has been to trim rather than retreat. Wells Fargo cut its target to $79 from $87 today while holding…
FCX short interest fell 26% over the past week to 1.76% of free float, marking a steady decline as cost to borrow stayed flat at 0.33%.
Key data as of 12 Nov 2026
FCX short interest fell 26% over the past week to 1.76% of free float, marking a steady decline as cost to borrow stayed flat at 0.33%.
4 Short Interest updates in 30 days
Freeport-McMoRan is navigating its sharpest weekly sell-off in months, falling 9.4% to $69.38, with the copper sector broadly under pressure and analyst opinion fracturing at precisely the wrong moment. The week's most…
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