Short Interest: Trimas Corporation (NASDAQ:TRS) Sellers Increased By 0.69% Their Shorts

November 18, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest: Trimas Corporation (NASDAQ:TRS) Sellers Increased By 0.69% Their Shorts

The stock of Trimas Corporation (NASDAQ:TRS) registered an increase of 0.69% in short interest. TRS’s total short interest was 1.26 million shares in November as published by FINRA. Its up 0.69% from 1.25M shares, reported previously. With 177,200 shares average volume, it will take short sellers 7 days to cover their TRS’s short positions. The stock increased 1.19% or $0.25 during the last trading session, hitting $21.2. TriMas Corp (NASDAQ:TRS) has risen 18.77% since April 18, 2016 and is uptrending. It has outperformed by 14.34% the S&P500.

TriMas Corporation is a designer, manufacturer and distributor of engineered and applied products for commercial, industrial and consumer markets. The company has a market cap of $960.04 million. The Firm operates through four divisions: Packaging, Aerospace, Energy and Engineered Components. It currently has negative earnings. The Packaging segment is a designer, maker and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.

Insitutional Activity: The institutional sentiment decreased to 0.95 in 2016 Q2. Its down 0.40, from 1.35 in 2016Q1. The ratio fall, as 5 funds sold all TriMas Corp shares owned while 41 reduced positions. 17 funds bought stakes while 45 increased positions. They now own 45.48 million shares or 0.89% less from 45.89 million shares in 2016Q1.
Bnp Paribas Arbitrage has invested 0% of its portfolio in TriMas Corp (NASDAQ:TRS). Great West Life Assurance Can holds 0% or 3,167 shares in its portfolio. Manufacturers Life Insur The accumulated 0% or 31,179 shares. Moreover, Cardinal Capital Limited Liability Co Ct has 1.5% invested in TriMas Corp (NASDAQ:TRS) for 1.68 million shares. Metropolitan Life Ins Comm Ny holds 0% of its portfolio in TriMas Corp (NASDAQ:TRS) for 32,928 shares. Weber Alan W holds 22,277 shares or 0.28% of its portfolio. The Wisconsin-based Fiduciary Wi has invested 0.27% in TriMas Corp (NASDAQ:TRS). Glenmede Na reported 175 shares or 0% of all its holdings. Moreover, Geode Mngmt Lc has 0% invested in TriMas Corp (NASDAQ:TRS) for 326,757 shares. Brandywine Mgmt Lc holds 0.02% or 125,678 shares in its portfolio. California Employees Retirement System accumulated 232,800 shares or 0.01% of the stock. Dimensional Fund Advsrs Limited Partnership reported 2.14 million shares or 0.02% of all its holdings. Panagora Asset Mngmt last reported 0% of its portfolio in the stock. Wells Fargo Mn has 0% invested in the company for 35,717 shares. The New York-based Brant Point Mgmt Limited Liability Com has invested 0.27% in TriMas Corp (NASDAQ:TRS).

Insider Transactions: Since August 4, 2016, the stock had 3 insider buys, and 0 sales for $216,809 net activity. Another trade for 2,000 shares valued at $35,406 was bought by AMATO THOMAS A.

TriMas Corp (NASDAQ:TRS) Ratings Coverage

Out of 4 analysts covering Trimas (NASDAQ:TRS), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Trimas has been the topic of 11 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Global Hunter Securities downgraded TriMas Corp (NASDAQ:TRS) on Wednesday, August 5 to “” rating. The stock of TriMas Corp (NASDAQ:TRS) has “Neutral” rating given on Wednesday, August 5 by JP Morgan. Roth Capital downgraded TriMas Corp (NASDAQ:TRS) on Wednesday, August 5 to “Neutral” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, September 27. On Wednesday, August 5 the stock rating was downgraded by TH Capital to “Neutral”.

TRS Company Profile

TriMas Corporation (TriMas), incorporated on May 30, 1986, is a designer, maker and distributor of engineered and applied products for commercial, industrial and consumer markets. The Firm operates through four divisions: Packaging, Aerospace, Energy and Engineered Components.

More recent TriMas Corp (NASDAQ:TRS) news were published by: Marketwatch.com which released: “TriMas upgraded to overweight from neutral at JP Morgan” on November 16, 2009. Also Crainsdetroit.com published the news titled: “TriMas replaces CEO David Wathen amid sales declines” on July 28, 2016. Crainsdetroit.com‘s news article titled: “TriMas Corp. names David Rice CFO of spinoff Cequent” with publication date: February 15, 2015 was also an interesting one.

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 Ruchi Gupta


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

>