November 17, 2016 - By Marguerite Chambers · 0 Comments
The stock of Tiptree Financial Class A (NASDAQ:TIPT) registered an increase of 0.14% in short interest. TIPT’s total short interest was 518,600 shares in November as published by FINRA. Its up 0.14% from 517,900 shares, reported previously. With 31,500 shares average volume, it will take short sellers 17 days to cover their TIPT’s short positions. The short interest to Tiptree Financial Class A’s float is 3.29%. About 5,897 shares traded hands. Tiptree Financial Inc (NASDAQ:TIPT) has risen 15.11% since April 15, 2016 and is uptrending. It has outperformed by 10.48% the S&P500.
Tiptree Financial Inc. is a diversified holding company, which is engaged through its consolidated subsidiaries in a number of businesses and is an acquirer of businesses. The company has a market cap of $179.22 million. The Firm acquires and manages controlling interests of operating businesses. It has a 14.39 P/E ratio. The Firm has five divisions: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other.
Tiptree Financial Inc., incorporated on March 19, 2007, is a diversified holding company, which is engaged through its consolidated subsidiaries in a number of businesses and is an acquirer of businesses. The Firm acquires and manages controlling interests of operating businesses. The Firm has five divisions: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other. The Firm conducts its activities through Tiptree Operating Company, LLC (the Operating Company). The Company’s insurance and insurance services segment operates through Fortegra Financial Corporation (Fortegra). The Company’s specialty finance segment operates through Siena Capital Finance LLC (Siena) and Luxury Mortgage Corp (Luxury). The Company’s real estate segment operates through Care LLC (Care). The Company’s asset management segment activities include Telos Asset Management’s (TLAM) management of collateralized loan obligations (CLOs) and Muni Capital Management’s (MCM) management of Non-Profit Preferred Funding Trust I (NPPF I). The Company’s corporate and other segment activities include Tiptree Direct Holdings LLC (TDH) and Muni Funding Company of America LLC (MFCA).
More important recent Tiptree Financial Inc (NASDAQ:TIPT) news were published by: Streetinsider.com which released: “Form 4 TIPTREE FINANCIAL INC. For: Nov 14 Filed by: Barnes Michael Gene” on November 16, 2016, also Businesswire.com published article titled: “Tiptree Financial Inc. Reports Full Year 2015 Financial Results”, Businesswire.com published: “Tiptree Financial Inc. Completes Acquisition of Reliance First Capital, LLC” on July 01, 2015. More interesting news about Tiptree Financial Inc (NASDAQ:TIPT) was released by: Businesswire.com and their article: “Tiptree Financial Inc. to Hold Full Year 2015 Results Conference Call on …” with publication date: March 08, 2016.
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By Marguerite Chambers