Core Natural Resources

CNR

NCI Building Systems, Inc. merged with Ply Gem Parent, LLC in November 2018. In April 2019, the newly-formed company announced that it would officially operate as Cornerstone Building Brands, headquartered in Cary, North Carolina. Cornerstone Building Brands is the largest manufacturer of exterior building products in North America servicing the commercial, residential and repair & remodel markets.Prior to the merger, NCI Building Systems Inc. was one of the largest manufacturers of metal products for the non-residential construction industry in North America. The company provided a broad range of products for repair, retrofit and new construction activities. It operated within three primary business segments: metal coil coating, metal components and engineered building systems.

Core Natural Resources has been a target of short sellers for a while. The current short interest of 3.18% is roughly at the average of the last 12 months (4.20%).