Short Interest of The Day: What’s TRANS-PAC AEROSPACE (OTCMKTS:TPAC) Upside After This Short Interest Decrease?

November 18, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest of The Day: What's TRANS PAC AEROSPACE (OTCMKTS:TPAC) Upside After This Short Interest Decrease?

The stock of TRANS-PAC AEROSPACE (OTCMKTS:TPAC) registered a decrease of 30.14% in short interest. TPAC’s total short interest was 1.81 million shares in November as published by FINRA. Its down 30.14% from 2.60 million shares, reported previously. The stock closed at $0.0007 during the last session. It is down 75.00% since April 21, 2016 and is downtrending. It has underperformed by 79.43% the S&P500.

Trans-Pacific Aerospace Company, Inc. is engaged in the business of designing, manufacturing and selling aerospace component parts for commercial and military aircraft, space vehicles, power plants, and surface and undersea vessels. The company has a market cap of $2.74 million. The Firm intends to offer products, such as self-lubricating spherical bearings for commercial aircraft. It currently has negative earnings. The Company’s activities are focused on the development of its production facility in Dongguan, China, and the design and engineering of its product line of spherical bearings.

More notable recent Trans-Pacific Aerospace Company Inc (OTCMKTS:TPAC) news were published by: Businesswire.com which released: “Trans-Pacific Aerospace Announces Purchase of 500 Million Shares of Common …” on December 09, 2015, also Prnewswire.com with their article: “Trans-Pacific Aerospace Reports Revenue from Export/Import Business” published on November 16, 2016, Businesswire.com published: “Trans-Pacific Aerospace Company, Inc. Announces Comprehensive Interview with …” on August 03, 2015. More interesting news about Trans-Pacific Aerospace Company Inc (OTCMKTS:TPAC) were released by: Businesswire.com and their article: “Trans-Pacific Aerospace Announces Purchase of an Additional 200 Million Shares …” published on December 23, 2015 as well as Businesswire.com‘s news article titled: “Trans-Pacific Aerospace Announces Shareholder Conference Call Details” with publication date: June 04, 2015.

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By Ruchi Gupta


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