Could TRAVIS PERKINS PLC ORDINARY SHARES (OTCMKTS:TVPKF) Change Direction After More Shorts?

June 13, 2018 - By Clifton Ray

Travis Perkins plc (OTCMKTS:TVPKF) Logo

The stock of TRAVIS PERKINS PLC ORDINARY SHARES (OTCMKTS:TVPKF) registered an increase of 216.07% in short interest. TVPKF’s total short interest was 442,500 shares in June as published by FINRA. Its up 216.07% from 140,000 shares, reported previously. With 8,500 shares average volume, it will take short sellers 52 days to cover their TVPKF’s short positions. The short interest to TRAVIS PERKINS PLC ORDINARY SHARES’s float is 0.18%.

It closed at $17.8442 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Travis Perkins plc operates as a builderÂ’s merchant and home improvement product retailer in the United Kingdom. The company has market cap of $4.70 billion. The companyÂ’s General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions. It has a 13.92 P/E ratio. It serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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