Short Interest Worth Watching: Could Thestreet Incorporated (NASDAQ:TST) Skyrocket? The Stock Has Too Many Sellers

November 18, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest Worth Watching: Could Thestreet Incorporated (NASDAQ:TST) Skyrocket? The Stock Has Too Many Sellers

The stock of Thestreet Incorporated (NASDAQ:TST) registered an increase of 8.23% in short interest. TST’s total short interest was 115,700 shares in November as published by FINRA. Its up 8.23% from 106,900 shares, reported previously. With 21,000 shares average volume, it will take short sellers 6 days to cover their TST’s short positions. The short interest to Thestreet Incorporated’s float is 0.47%. The stock closed at $0.87 during the last session. It is down 24.56% since April 18, 2016 and is downtrending. It has underperformed by 28.99% the S&P500.

TheStreet, Inc. is a digital financial media firm focused on the financial, and mergers and acquisitions environment. The company has a market cap of $30.32 million. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels. It currently has negative earnings. With a suite of digital services, TheStreet offers the tools and insights needed to make informed decisions about earning, investing, saving and spending money.

Insitutional Activity: The institutional sentiment increased to 0.9 in Q2 2016. Its up 0.01, from 0.89 in 2016Q1. The ratio is positive, as 2 funds sold all TheStreet, Inc. shares owned while 7 reduced positions. 1 funds bought stakes while 7 increased positions. They now own 20.57 million shares or 0.55% less from 20.68 million shares in 2016Q1.
Wells Fargo Mn owns 9,701 shares or 0% of their US portfolio. Moreover, Geode Capital Management Llc has 0% invested in TheStreet, Inc. (NASDAQ:TST) for 103,746 shares. Pax Ww Management Ltd Liability Corporation last reported 0.1% of its portfolio in the stock. Brave Asset Management last reported 0.13% of its portfolio in the stock. Blackrock Fund Advisors holds 103,927 shares or 0% of its portfolio. Knott David M has invested 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Tower Research Capital Limited Com (Trc) holds 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST) for 600 shares. Vanguard Grp Incorporated last reported 0% of its portfolio in the stock. Bridgeway Capital Mngmt has 0.01% invested in the company for 290,900 shares. Needham Invest Mngmt Limited Liability Corp holds 345,000 shares or 0.11% of its portfolio. Cannell Capital Limited has invested 1.48% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Renaissance Technologies Ltd Company owns 1.55M shares or 0% of their US portfolio. California Public Employees Retirement Sys has 0% invested in the company for 79,200 shares. Blackrock Institutional Co Na has invested 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Brown Advisory Incorporated holds 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST) for 141,646 shares.

Insider Transactions: Since May 20, 2016, the stock had 11 insider buys, and 0 selling transactions for $209,126 net activity. FAY SARAH ANN had bought 16,250 shares worth $19,988. Espy Bowers W bought $1,210 worth of TheStreet, Inc. (NASDAQ:TST) on Monday, August 29. The insider CRAMER JAMES J bought $36,608. On Friday, May 20 the insider KRAMER LAWRENCE S bought $28,345.

More notable recent TheStreet, Inc. (NASDAQ:TST) news were published by: Prnewswire.com which released: “TheStreet, Inc. Appoints Tara Murphy As Editor-in-Chief” on November 10, 2016, also Prnewswire.com with their article: “TheStreet, Inc. Appoints Jeff Davis As President, Institutional Services” published on October 31, 2016, Prnewswire.com published: “TheStreet, Inc. Reports Inducement Grant under NASDAQ Listing Rule 5635(c)(4)” on November 03, 2016. More interesting news about TheStreet, Inc. (NASDAQ:TST) were released by: Prnewswire.com and their article: “TheStreet, Inc. Appoints Cameron Ireland As Chief Technology Officer” published on November 07, 2016 as well as Prnewswire.com‘s news article titled: “TheStreet, Inc. to Announce Fiscal 2016 Third Quarter Financial Results on …” with publication date: October 26, 2016.

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By Marguerite Chambers

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