Today’s Stock On Watch: Will TRIAD GUARANTY INCORPORATED (OTCMKTS:TGICQ) Run Out of Steam Soon? Short Interest is Up

November 17, 2016 - By Clifton Ray   ·   0 Comments

Today's Stock On Watch: Will TRIAD GUARANTY INCORPORATED (OTCMKTS:TGICQ) Run Out of Steam Soon? Short Interest is Up

The stock of TRIAD GUARANTY INCORPORATED (OTCMKTS:TGICQ) registered an increase of 0.06% in short interest. TGICQ’s total short interest was 639,500 shares in November as published by FINRA. Its up 0.06% from 639,100 shares, reported previously. With 17,700 shares average volume, it will take short sellers 36 days to cover their TGICQ’s short positions. About 3,600 shares traded hands. Triad Guaranty Inc. (OTCMKTS:TGICQ) has declined 60.00% since April 15, 2016 and is downtrending. It has underperformed by 64.62% the S&P500.

Triad Guaranty Inc. insures mortgage servicers and investors against losses that are incurred when a loan goes into default. The company has a market cap of $343,201. The Firm supports loss mitigation programs available whether they are administered by the federal government; state government; or mortgage loan servicers or investors. It currently has negative earnings. The Firm works with the servicer and the borrower for homeowner retention and/or minimization of the loss.

TGICQ Company Profile

Triad Guaranty Inc., incorporated on August 16, 1993, insures mortgage servicers and investors against losses that are incurred when a loan goes into default. The Firm supports loss mitigation programs available whether they are administered by the federal government; state government; or mortgage loan servicers or investors.

More notable recent Triad Guaranty Inc. (OTCMKTS:TGICQ) news were published by: Bloomberg.com which released: “Insurer Triad Guaranty Files for Bankruptcy Protection” on June 04, 2013, also Journalnow.com with their article: “Hearing set over settlement of shareholder lawsuit involving Triad Guaranty” published on December 29, 2015, Prnewswire.com published: “Triad Guaranty to Sell Mortgage Insurance Operating Platform to Essent …” on October 07, 2009. More interesting news about Triad Guaranty Inc. (OTCMKTS:TGICQ) were released by: Law360.com and their article: “Triad Officers Cleared In Securities Class Action Suit” published on March 31, 2015 as well as Law360.com‘s news article titled: “Countrywide, Triad Reach Deal In $111M Insurance Suit” with publication date: August 21, 2012.

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By Clifton Ray


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