Short Interest Change: What’s Next for Tpi Composites Incorporated (NASDAQ:TPIC) After Having More Shares Shorted?

November 18, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Change: What's Next for Tpi Composites Incorporated (NASDAQ:TPIC) After Having More Shares Shorted?

The stock of Tpi Composites Incorporated (NASDAQ:TPIC) registered an increase of 115.08% in short interest. TPIC’s total short interest was 258,100 shares in November as published by FINRA. Its up 115.08% from 120,000 shares, reported previously. With 250,200 shares average volume, it will take short sellers 1 days to cover their TPIC’s short positions. The short interest to Tpi Composites Incorporated’s float is 2.19%. The stock increased 3.95% or $0.55 during the last trading session, hitting $14.48. TPI Composites Inc (NASDAQ:TPIC) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.

TPI Composites, Inc. is a United States firm engaged in manufacturing wind blades, and related precision molding and assembly systems. The company has a market cap of $489.92 million. The Firm operates through four geographic operating divisions: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). It has a 9.44 P/E ratio. The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades, and the manufacturing of composite solutions for the transportation industry.

TPIC Company Profile

TPI Composites, Inc. (TPI) is engaged in manufacturing wind blades, and related precision molding and assembly systems. The Firm operates through four geographic operating divisions: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). The Company’s clients include wind turbine original equipment manufacturers (OEMs).

More notable recent TPI Composites Inc (NASDAQ:TPIC) news were published by: Seekingalpha.com which released: “Underfollowed Growth Story Of TPI Composites, Inc.: A Trump Victim?” on November 16, 2016, also Marketwatch.com with their article: “TPI Composites started at outperform with $20 stock price target at Raymond James” published on June 19, 2016, Globenewswire.com published: “TPI Composites Prices Initial Public Offering” on July 21, 2016. More interesting news about TPI Composites Inc (NASDAQ:TPIC) were released by: Globenewswire.com and their article: “TPI Composites Inc. Names Ramesh Gopalakrishnan Vice President of Technology …” published on September 12, 2016 as well as Globenewswire.com‘s news article titled: “TPI Composites Extends and Enters into New Contracts with General Electric …” with publication date: October 11, 2016.

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By Pete Kolinski


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