Cleveland-Cliffs Inc (NYSE:CLF) shares, rose in value on Wednesday, June 18, with the stock price down by -4.43% to the previous day’s close as strong demand from buyers drove the stock to $7.33.
Actively observing the price movement in the last trading, the stock closed the session at $7.67, falling within a range of $7.32 and $7.96. The value of beta (5-year monthly) was 1.852. Referring to stock’s 52-week performance, its high was $16.47, and the low was $5.63. On the whole, CLF has fluctuated by -0.41% over the past month.
With the market capitalization of Cleveland-Cliffs Inc currently standing at about $3.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CLF’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CLF currently trading nearly 3.74% and -1.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.67, while the 7-day volatility ratio is showing 3.93% which for the 30-day chart, stands at 6.59%. Furthermore, Cleveland-Cliffs Inc (CLF)’s beta value is 1.85, and its average true range (ATR) is 0.55.
A comparison of Cleveland-Cliffs Inc (CLF) with its peers suggests the former has fared considerably weaker in the market. CLF showed an intraday change of -4.43% in last session, and over the past year, it shrunk by -50.84%%.
Data on historical trading for Cleveland-Cliffs Inc (NYSE:CLF) indicates that the trading volumes over the past 10 days have averaged 37.66 and over the past 3 months, they’ve averaged 29.41 million. According to company’s latest data on outstanding shares, there are 494.49 million shares outstanding.
Nearly 1.86% of Cleveland-Cliffs Inc’s shares belong to company insiders and institutional investors own 74.09% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 86.58 million shares as on 2025-05-30, resulting in a short ratio of 3.11. According to the data, the short interest in Cleveland-Cliffs Inc (CLF) stood at 2244.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 70.8 million. The stock has fallen by -22.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CLF stock heading into the next quarter.
