Short Interest to Follow: Tim Participacoes SA (NYSE:TSU) Has Increase in Shorts

November 18, 2016 - By Dolores Ford   ·   0 Comments

Short Interest to Follow: Tim Participacoes SA (NYSE:TSU) Has Increase in Shorts

The stock of Tim Participacoes SA (NYSE:TSU) registered an increase of 2.19% in short interest. TSU’s total short interest was 6.44M shares in November as published by FINRA. Its up 2.19% from 6.30M shares, reported previously. With 920,200 shares average volume, it will take short sellers 7 days to cover their TSU’s short positions. The short interest to Tim Participacoes SA’s float is 3.98%. About 6,674 shares traded hands. TIM Participacoes SA (ADR) (NYSE:TSU) has risen 15.95% since April 18, 2016 and is uptrending. It has outperformed by 11.52% the S&P500.

TIM Participacoes S.A. is a provider of mobile telecommunication services in Brazil. The company has a market cap of $5.77 billion. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. It has a 23.3 P/E ratio. The Company’s direct subsidiaries include TIM Celular S.A., which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District.

TIM Participacoes SA (ADR) (NYSE:TSU) Ratings Coverage

Out of 5 analysts covering TIM Participacoes (NYSE:TSU), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. TIM Participacoes has been the topic of 13 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Bank of America downgraded TIM Participacoes SA (ADR) (NYSE:TSU) on Friday, August 21 to “Neutral” rating. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, August 5 report. Barclays Capital upgraded the stock to “Overweight” rating in Monday, October 17 report. The firm earned “Equal-Weight” rating on Tuesday, October 6 by Barclays Capital. The rating was downgraded by Goldman Sachs to “Sell” on Friday, December 18. The stock has “Buy” rating given by Bank of America on Tuesday, July 26. As per Wednesday, July 27, the company rating was maintained by Barclays Capital.

TSU Company Profile

TIM Participacoes S.A. (TIM), incorporated on May 22, 1998, is a holding company. The Firm provides mobile telecommunication services in Brazil. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. The Company’s direct subsidiaries include TIM Celular S.A., which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District (DF).

Another recent and important TIM Participacoes SA (ADR) (NYSE:TSU) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Dolores Ford


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>