Noteworthy Short Interest Filing: Gentherm Incorporated (NASDAQ:THRM) Short Interest Increased By 18.89%

November 17, 2016 - By kentuckypostne   ·   0 Comments

Noteworthy Short Interest Filing: Gentherm Incorporated (NASDAQ:THRM) Short Interest Increased By 18.89%

The stock of Gentherm Incorporated (NASDAQ:THRM) registered an increase of 18.89% in short interest. THRM’s total short interest was 1.48M shares in November as published by FINRA. Its up 18.89% from 1.25M shares, reported previously. With 699,000 shares average volume, it will take short sellers 2 days to cover their THRM’s short positions. The short interest to Gentherm Incorporated’s float is 4.12%. About 40,067 shares traded hands. Gentherm Inc (NASDAQ:THRM) has declined 27.66% since April 15, 2016 and is downtrending. It has underperformed by 32.29% the S&P500.

Gentherm Incorporated is a global technology company, which is engaged in the design, development, and manufacturing of innovative thermal management technologies and automotive cable systems. The company has a market cap of $1.12 billion. The Firm has two divisions: Automotive and Industrial. It has a 14.38 P/E ratio. The Automotive segment comprises Gentherm’s three geographic operating divisions: North America, Europe and Asia.

Gentherm Inc (NASDAQ:THRM) Ratings Coverage

Out of 4 analysts covering Gentherm Inc (NASDAQ:THRM), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Gentherm Inc has been the topic of 5 analyst reports since July 29, 2016 according to StockzIntelligence Inc. The stock of Gentherm Inc (NASDAQ:THRM) earned “Neutral” rating by Roth Capital on Friday, July 29. FBR Capital upgraded the stock to “Outperform” rating in Thursday, October 13 report. The stock of Gentherm Inc (NASDAQ:THRM) has “Hold” rating given on Friday, September 23 by Argus Research. FBR Capital maintained Gentherm Inc (NASDAQ:THRM) rating on Friday, July 29. FBR Capital has “Mkt Perform” rating and $42 price target. The company was downgraded on Friday, July 29 by Buckingham Research.

THRM Company Profile

Gentherm Incorporated (Gentherm), incorporated on March 23, 2005, is a global technology firm engaged in the design, development, and manufacturing of innovative thermal management technologies and automotive cable systems. The Firm has two divisions: Automotive and Industrial. The Company’s automotive products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, and other consumer and industrial temperature control needs. The Firm also focuses on developing design applications from its existing technologies to create products and market opportunities for thermal comfort solutions. The Company’s products include Climate Control Seats (CCSs), Heated Seats, Battery Thermal Management (BTM) solutions, remote electric power generation systems, heated and cooled cup holder, thermal storage bin, Heated Steering Wheel, Heated Door and Armrest, and Heated and Cooled Mattress.

More important recent Gentherm Inc (NASDAQ:THRM) news were published by: Crainsdetroit.com which released: “17. Gentherm Inc.” on November 11, 2016, also Prnewswire.com published article titled: “Gentherm Reports 2015 Full Year And Fourth Quarter Results”, Prnewswire.com published: “Gentherm Announces Two New Board Of Director Nominees” on March 30, 2016. More interesting news about Gentherm Inc (NASDAQ:THRM) was released by: Streetinsider.com and their article: “Form SC 13G GENTHERM Inc Filed by: Van Berkom & Associates Inc.” with publication date: November 14, 2016.

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