Short Interest Worth Mentioning: It Seems Titan International Incdelaware (NYSE:TWI) Will Go Down. Just Reported More Shorted Shares

November 17, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Worth Mentioning: It Seems Titan International Incdelaware (NYSE:TWI) Will Go Down. Just Reported More Shorted Shares

The stock of Titan International Incdelaware (NYSE:TWI) registered an increase of 6.68% in short interest. TWI’s total short interest was 3.37 million shares in November as published by FINRA. Its up 6.68% from 3.16M shares, reported previously. With 388,000 shares average volume, it will take short sellers 9 days to cover their TWI’s short positions. The short interest to Titan International Incdelaware’s float is 7.74%. The stock last traded at $11.55 per share. It is down 95.10% since April 15, 2016 and is uptrending. It has outperformed by 90.48% the S&P500.

Titan International, Inc. is a manufacturer of wheels, tires and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction and consumer divisions. The company has a market cap of $626.47 million. The Firm operates through three divisions: agricultural, earthmoving/construction and consumer. It currently has negative earnings. The Company’s agricultural market includes rims, wheels, tires and undercarriage systems and components manufactured for use on various agricultural and forestry equipment.

Insitutional Activity: The institutional sentiment is 1.17 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as 19 funds sold all Titan International Inc shares owned while 34 reduced positions. only 15 funds bought stakes while 47 increased positions. They now own 41.43 million shares or 3.90% more from 39.88 million shares in 2016Q1.
Creative Planning holds 4,300 shares or 0% of its portfolio. Renaissance Limited Co reported 2.05 million shares or 0.02% of all its holdings. Tower Rech Cap Lc (Trc) last reported 2,829 shares in the company. Goldman Sachs Group Inc Inc Inc owns 16,849 shares or 0% of their US portfolio. Arizona State Retirement has 0% invested in the company for 22,731 shares. D E Shaw Co Incorporated last reported 388,993 shares in the company. Cubist Systematic Strategies Limited Liability Company accumulated 0% or 5,430 shares. Ny State Teachers Retirement last reported 22,784 shares in the company. Pekin Singer Strauss Asset Management Il has 2.09% invested in the company for 1.53 million shares. Millrace Asset Gp last reported 1.57% of its portfolio in the stock. Security Bancorp Of Sioux City Iowa Ia has 0.14% invested in the company for 20,000 shares. Metropolitan Life Insur Co Ny has invested 0% of its portfolio in Titan International Inc (NYSE:TWI). Swiss Natl Bank reported 74,100 shares or 0% of all its holdings. Davenport And Comm Ltd Com accumulated 0% or 22,300 shares. Parametric Portfolio Assocs Limited Liability Corporation holds 0% of its portfolio in Titan International Inc (NYSE:TWI) for 337,616 shares.

Titan International Inc (NYSE:TWI) Ratings Coverage

Out of 2 analysts covering Titan International Inc. (NYSE:TWI), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Titan International Inc. has been the topic of 2 analyst reports since October 15, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, November 19 by Goldman Sachs. Avondale initiated Titan International Inc (NYSE:TWI) rating on Thursday, October 15. Avondale has “Market Perform” rating and $16 price target.

TWI Company Profile

Titan International, Inc., incorporated on March 24, 2015, is a maker of wheels, tires and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction and consumer divisions. The Firm operates through three divisions: agricultural, earthmoving/construction and consumer. The Company’s agricultural market includes rims, wheels, tires and undercarriage systems and components manufactured for use on various agricultural and forestry equipment. The Company’s earthmoving/construction market includes rims, wheels, tires and undercarriage systems and components for various types of off-the-road (OTR) earthmoving, mining, military and construction equipment. The Company’s consumer market includes bias truck tires and light truck tires.

More notable recent Titan International Inc (NYSE:TWI) news were published by: Fool.com which released: “Titan International Inc. Finally Sees Growth on the Horizon” on August 04, 2016, also Fool.com with their article: “Titan International Prepping For Demand Recovery in 2017” published on November 05, 2016, Prnewswire.com published: “Titan International, Inc. Announces Titan Tire Reclamation Opening” on April 01, 2016. More interesting news about Titan International Inc (NYSE:TWI) were released by: Prnewswire.com and their article: “Titan International Announces First Quarter 2016 Results” published on May 05, 2016 as well as Prnewswire.com‘s news article titled: “Titan International, Inc. Announces That It Has Received A Proposal To …” with publication date: March 21, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Ellis Scott


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>