Short Interest Buzzer: What Will Happen to Transunion (NYSE:TRU) Next? The Stock Has Decline in Shorts

November 18, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Buzzer: What Will Happen to Transunion (NYSE:TRU) Next? The Stock Has Decline in Shorts

The stock of Transunion (NYSE:TRU) registered a decrease of 15.48% in short interest. TRU’s total short interest was 864,700 shares in November as published by FINRA. Its down 15.48% from 1.02M shares, reported previously. With 1.36M shares average volume, it will take short sellers 1 days to cover their TRU’s short positions. The short interest to Transunion’s float is 0.68%. The stock increased 0.32% or $0.1 during the last trading session, hitting $31.28. TransUnion (NYSE:TRU) has risen 12.68% since April 18, 2016 and is uptrending. It has outperformed by 8.25% the S&P500.

TransUnion, formerly TransUnion Holding Company, Inc., is a risk and information solutions well-known provider to businesses and consumers. The company has a market cap of $5.98 billion. The Firm operates through three divisions: US Information Services , International and Consumer Interactive. It has a 62.46 P/E ratio. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.

TransUnion (NYSE:TRU) Ratings Coverage

Out of 12 analysts covering TransUnion (NYSE:TRU), 9 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 75% are positive. TransUnion has been the topic of 19 analyst reports since July 27, 2015 according to StockzIntelligence Inc. William Blair initiated TransUnion (NYSE:TRU) on Friday, April 8 with “Outperform” rating. Wells Fargo initiated TransUnion (NYSE:TRU) on Wednesday, August 5 with “Market Perform” rating. The firm has “Outperform” rating given on Tuesday, August 4 by RBC Capital Markets. The firm has “Equal Weight” rating given on Monday, July 27 by Barclays Capital. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 26. The rating was initiated by JP Morgan with “Overweight” on Tuesday, August 4. The firm has “Buy” rating by Deutsche Bank given on Tuesday, August 4. The rating was maintained by Barclays Capital with “Equalweight” on Wednesday, July 27. On Thursday, May 26 the stock rating was initiated by Robert W. Baird with “Outperform”. Barclays Capital upgraded it to “Overweight” rating and $37 target price in Wednesday, September 21 report.

TRU Company Profile

TransUnion, formerly TransUnion Holding Company, Inc., incorporated on February 15, 2012, is a risk and information solutions well-known provider to businesses and consumers. The Firm operates through three divisions: US Information Services (USIS), International and Consumer Interactive. Businesses embed the Company’s solutions into their process workflows to acquire new customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and investigate potential fraud. Consumers use its solutions to view their credit profiles and access analytical tools that help them understand and manage their personal information and take precautions against identity theft. The Firm has activities across various industry verticals, including financial services, insurance and healthcare. The Firm has presence in over 30 countries across North America, Africa, Latin America and Asia.

More notable recent TransUnion (NYSE:TRU) news were published by: Wsj.com which released: “TransUnion Swings to Profit, Raises 2016 Outlook” on October 25, 2016, also Reuters.com with their article: “Canadian consumers pile on more debt in third quarter -TransUnion” published on November 10, 2016, Nasdaq.com published: “TransUnion (TRU) Beats Q3 Earnings Estimates, Ups View” on October 25, 2016. More interesting news about TransUnion (NYSE:TRU) were released by: Mondaq.com and their article: “TransUnion Bid to Decertify FCRA Classes Denied” published on November 02, 2016 as well as Law360.com‘s news article titled: “Trans Union Can’t Decertify Class Labeled Terrorists” with publication date: October 24, 2016.

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By Hazel Jackson


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