A Reversal for Orchids Paper Products Company (NYSEAMERICAN:TIS) Is Near. The Stock Has Decrease in Shorts

April 16, 2018 - By reb123z

The stock of Orchids Paper Products Company (NYSEAMERICAN:TIS) registered a decrease of 9.94% in short interest. TIS’s total short interest was 1.42 million shares in April as published by FINRA. Its down 9.94% from 1.58M shares, reported previously. With 72,000 shares average volume, it will take short sellers 20 days to cover their TIS’s short positions. The short interest to Orchids Paper Products Company’s float is 15.08%.

The stock increased 0.11% or $0.01 during the last trading session, reaching $7.97. About 29,760 shares traded. Orchids Paper Products Company (NYSEAMERICAN:TIS) has declined 65.11% since April 16, 2017 and is downtrending. It has underperformed by 76.66% the S&P500.

Orchids Paper Products Company manufactures and sells tissue products for at-home and away from home markets in the United States. The company has market cap of $85.03 million. The Company’s products include paper towels, bathroom tissues, and paper napkins. It has a 12.45 P/E ratio. The firm offers its products under Colortex, My Size, Velvet, Big Mopper, Orchids Supreme, Clean Scents, and Tackle brands; and licensed brands, such as Virtue, Truly Green, Golden Gate Paper, and Big Quality.

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