Noteworthy Short Interest Filing: Trinseo SA (NYSE:TSE) Short Interest Increased By 23.1%

November 18, 2016 - By Nellie Frank   ·   0 Comments

Noteworthy Short Interest Filing: Trinseo SA (NYSE:TSE) Short Interest Increased By 23.1%

The stock of Trinseo SA (NYSE:TSE) registered an increase of 23.1% in short interest. TSE’s total short interest was 3.60M shares in November as published by FINRA. Its up 23.1% from 2.93 million shares, reported previously. With 911,900 shares average volume, it will take short sellers 4 days to cover their TSE’s short positions. The short interest to Trinseo SA’s float is 10.19%. The stock decreased 0.14% or $0.08 on November 17, hitting $55.2. Trinseo S.A. (NYSE:TSE) has risen 32.50% since April 18, 2016 and is uptrending. It has outperformed by 28.07% the S&P500.

Trinseo S.A. is a materials company

Trinseo S.A. (NYSE:TSE) Ratings Coverage

Out of 3 analysts covering Trinseo (NYSE:TSE), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Trinseo has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Citigroup with “Neutral” on Thursday, August 4. The stock has “Buy” rating given by Zacks on Thursday, August 6. Barclays Capital maintained the shares of TSE in a report on Friday, August 7 with “Equal Weight” rating. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 6. The rating was maintained by Citigroup on Friday, August 7 with “Neutral”. Citigroup maintained Trinseo S.A. (NYSE:TSE) on Monday, April 18 with “Neutral” rating.

TSE Company Profile

Trinseo S.A., incorporated on June 14, 2010, is a materials firm engaged in the manufacture and marketing of synthetic rubber, latex and plastics, including various specialty and technologically differentiated products. The Firm operates under two divisions: Performance Materials and Basic Plastics & Feedstocks. The Performance Materials division’s divisions include Synthetic Rubber, Latex and Performance Plastics. The Latex segment produces styrene-butadiene latex (SB latex) for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used in tires, with additional applications in polymer modification and technical rubber goods, including conveyer and fan belts, hoses, seals and gaskets. The Performance Plastics divisions produces highly engineered compounds and blends for automotive end markets, as well as consumer electronics, medical, electrical and lighting, collectively consumer essential markets (CEM). The Basic Plastics & Feedstocks segment includes styrenic polymers, polycarbonate (PC) and styrene monomer, and also includes the Company’s joint ventures, Americas Styrenics LLC and Sumika Styron Polycarbonate Limited.

Another recent and important Trinseo S.A. (NYSE:TSE) news was published by Nasdaq.com which published an article titled: “Trinseo S.A. (TSE) Ex-Dividend Date Scheduled for October 07, 2016” on October 06, 2016.

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By Nellie Frank


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