November 17, 2016 - By Marie Mckinney · 0 Comments
The stock of Tat Tech Limited Ord (NASDAQ:TATT) registered an increase of 87.5% in short interest. TATT’s total short interest was 1,500 shares in November as published by FINRA. Its up 87.5% from 800 shares, reported previously. With 3,500 shares average volume, it will take short sellers 0 days to cover their TATT’s short positions. The short interest to Tat Tech Limited Ord’s float is 0.04%. The stock increased 2.24% or $0.15 on November 16, hitting $6.85. T.A.T. Technologies Ltd. (NASDAQ:TATT) has declined 6.04% since April 15, 2016 and is downtrending. It has underperformed by 10.66% the S&P500.
TAT Technologies Ltd. provides a range of services and products to the commercial and military aerospace, and ground defense sectors through its Gedera facility in Israel, and through its subsidiary in the United States, Limco-Piedmont Inc. , which operates through Limco Airepair Inc. (Limco). The company has a market cap of $61.37 million.
TAT Technologies Ltd., incorporated on April 7, 1985, provides a range of services and products to the commercial and military aerospace, and ground defense sectors through its Gedera facility in Israel, and through its subsidiary in the United States, Limco-Piedmont Inc. (Limco-Piedmont), which operates through Limco Airepair Inc. (Limco). The Firm operates in four divisions: original equipment manufacturing (OEM) of heat transfer products and aviation components, which it operates through its Gedera facility; heat transfer services and products, which it operates through its Limco subsidiary; maintenance, repair and overhaul (MRO) services for aviation components, especially in the area of landing gear and auxiliary power units, which it operates through its Piedmont Aviation Component Services LLC (Piedmont) subsidiary, and overhaul and coating of jet engine components, which it operates through its Turbochrome Ltd. (Turbochrome) subsidiary. It focuses on both the commercial and defense markets for aviation and ground applications. The Company’s clients include commercial manufacturers of military equipment, commercial airlines, aircraft manufacturers, military forces, defense industries, and other manufacturers of electronic systems, aviation units and machinery in the United States, Europe, Asia, South America and Israel.
More notable recent T.A.T. Technologies Ltd. (NASDAQ:TATT) news were published by: Prnewswire.com which released: “TAT Technologies Ltd Announces Closing of Chromalloy Israel Acquisition” on October 19, 2015, also Prnewswire.com with their article: “TAT Technologies Announces Entering into a Definitive Agreement to Acquire …” published on August 10, 2015, Prnewswire.com published: “TAT Technologies Reports Results of November 2016 Special General Meeting of …” on September 29, 2016. More interesting news about T.A.T. Technologies Ltd. (NASDAQ:TATT) were released by: Prnewswire.com and their article: “TAT Technologies Announcing the Election of Mr. Samuel Vlodinger and Mr. Ron …” published on August 08, 2013 as well as Prnewswire.com‘s news article titled: “Itsik Maaravi Decides to Step Down from the Position of TAT’s CEO and Will be …” with publication date: March 31, 2016.
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By Marie Mckinney