What Next for Tredegar Corporation (NYSE:TG) Stock After Increase in Shorted Shares?

July 14, 2018 - By Alicia Butler

Tredegar Corporation (NYSE:TG) Logo

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.15, from 1.16 in 2017Q4. It is positive, as 9 investors sold Tredegar Corporation shares while 30 reduced holdings. 13 funds opened positions while 38 raised stakes. 20.63 million shares or 0.33% more from 20.56 million shares in 2017Q4 were reported.
State Street invested in 738,655 shares or 0% of the stock. Pub Employees Retirement Of Ohio has 0% invested in Tredegar Corporation (NYSE:TG) for 5,863 shares. Jpmorgan Chase & accumulated 0% or 6,563 shares. Voya Investment Mgmt invested in 12,326 shares. 33,600 were reported by Bailard. Meeder Asset Management reported 0% stake. Bank & Trust Of America De reported 279,058 shares or 0% of all its holdings. Geode Cap Mgmt Limited Liability stated it has 0% of its portfolio in Tredegar Corporation (NYSE:TG). Kelly Lawrence W And Associate Incorporated Ca has 0% invested in Tredegar Corporation (NYSE:TG). Louisiana State Employees Retirement Systems reported 0.01% of its portfolio in Tredegar Corporation (NYSE:TG). 371 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Acadian Asset Ltd Liability Com has 0% invested in Tredegar Corporation (NYSE:TG). Mason Street Advsr Ltd holds 0% or 7,052 shares in its portfolio. 8,243 were reported by Bnp Paribas Arbitrage Sa. Stifel Financial accumulated 10,092 shares or 0% of the stock.

Since May 31, 2018, it had 0 insider purchases, and 1 insider sale for $40,715 activity.

The stock of Tredegar Corporation (NYSE:TG) registered an increase of 4.08% in short interest. TG’s total short interest was 247,600 shares in July as published by FINRA. Its up 4.08% from 237,900 shares, reported previously. With 52,400 shares average volume, it will take short sellers 5 days to cover their TG’s short positions. The short interest to Tredegar Corporation’s float is 0.98%.

The stock decreased 1.24% or $0.3 during the last trading session, reaching $23.95. About 59,653 shares traded. Tredegar Corporation (NYSE:TG) has risen 44.58% since July 14, 2017 and is uptrending. It has outperformed by 32.01% the S&P500.

Tredegar Corporation, through its subsidiaries, makes and sells polyethylene plastic films, polyester films, and aluminum extrusions worldwide. The company has market cap of $788.14 million. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions divisions. It has a 20.65 P/E ratio. The PE Films segment offers personal care materials, such as apertured films and laminate materials for use in feminine hygiene products, baby diapers, and adult incontinence products under the ComfortAire, ComfortFeel, and FreshFeel brands; breathable, embossed, and elastic materials for use as components for baby diapers, adult incontinence products, and feminine hygiene products under the ExtraFlex, FabriFlex, FlexAire, and FlexFeel brands; and absorbent transfer layers for baby diapers and adult incontinence products under the AquiDry and AquiDry Plus brands.

Another recent and important Tredegar Corporation (NYSE:TG) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in Tredegar, Express, Cleveland-Cliffs, SJW, Preformed Line Products, and Xcel …” on June 25, 2018.

Tredegar Corporation (NYSE:TG) Institutional Positions Chart

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