Short Interest Change: What Will Happen to Trio-tech International (NYSEMKT:TRT) Next? The Stock Has Increase in Shorts

November 18, 2016 - By Darrin Black   ·   0 Comments

Short Interest Change: What Will Happen to Trio tech International (NYSEMKT:TRT) Next? The Stock Has Increase in Shorts

The stock of Trio-tech International (NYSEMKT:TRT) registered an increase of 15.38% in short interest. TRT’s total short interest was 1,500 shares in November as published by FINRA. Its up 15.38% from 1,300 shares, reported previously. With 16,600 shares average volume, it will take short sellers 0 days to cover their TRT’s short positions. The short interest to Trio-tech International’s float is 0.07%. The stock increased 0.59% or $0.02 on November 17, hitting $3.26. Trio-Tech International (NYSEMKT:TRT) has declined 4.42% since April 18, 2016 and is downtrending. It has underperformed by 8.85% the S&P500.

Trio-Tech International is engaged in providing third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia. The company has a market cap of $11.38 million. The Firm operates its business in four divisions: Manufacturing, Testing Services, Distribution and Real Estate. It has a 14.6 P/E ratio. The Firm operates in the United States, Singapore, Malaysia, Thailand and China.

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 1.33, from 2.33 in 2016Q1. The ratio fall, as 1 funds sold all Trio-Tech International shares owned while 2 reduced positions. 3 funds bought stakes while 4 increased positions. They now own 604,589 shares or 49.67% less from 1.20 million shares in 2016Q1.
Dimensional Fund L P has invested 0% of its portfolio in Trio-Tech International (NYSEMKT:TRT). Fmr Ltd last reported 0% of its portfolio in the stock. Tower Capital Ltd Limited Liability Company (Trc) accumulated 0% or 312 shares. Wells Fargo Mn last reported 0% of its portfolio in the stock. Stonebridge Capital Inc holds 0.04% of its portfolio in Trio-Tech International (NYSEMKT:TRT) for 23,750 shares. Renaissance Tech Ltd Com reported 131,100 shares or 0% of all its holdings. Morgan Stanley last reported 101 shares in the company. Acadian Asset Management Ltd Co has 0% invested in the company for 3,614 shares. Blackrock Fund Advisors, a California-based fund reported 311 shares. Thompson Davis holds 0.04% or 7,300 shares in its portfolio. Ancora Advsr Limited Company reported 18,922 shares or 0.01% of all its holdings. Royal Comml Bank Of Canada last reported 14,950 shares in the company.

Insider Transactions: Since July 8, 2016, the stock had 1 insider buy, and 0 insider sales for $6,610 net activity. The insider ADELMAN JASON T bought 2,400 shares worth $6,610.

TRT Company Profile

Trio-Tech International (Trio-Tech), incorporated on July 17, 1958, is engaged in providing third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia. The Firm operates its business in four divisions: Manufacturing, Testing Services, Distribution and Real Estate. The Firm operates in the United States, Singapore, Malaysia, Thailand and China. As of June 30, 2016, the Company operated six testing services facilities: one in the United States and five in Southeast Asia. As of June 30, 2016, the Company operated two manufacturing facilities: one in the United States and the other in Southeast Asia. The Company’s distribution segment and real estate segment operate primarily in Southeast Asia. In addition, the Company operates testing facilities in the United States. Trio-Tech also designs, develops, makes and markets a range of equipment and systems used in the manufacturing and testing of semiconductor devices and electronic components.

More news for Trio-Tech International (NYSEMKT:TRT) were recently published by: Seekingalpha.com, which released: “Trio-Tech: Stale Status Quo, Most Likely A Value Trap” on June 14, 2016. Latimes.com‘s article titled: “Knott’s Berry Farm building high-tech Voyage to the Iron Reef ride” and published on November 13, 2014 is yet another important article.

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By Darrin Black


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