Does Forterra Inc (NASDAQ:FRTA) Have Gas After Even More Sellers Involved?

The stock of Forterra Inc (NASDAQ:FRTA) registered an increase of 1.17% in short interest. FRTA’s total short interest was 5.19M shares in December as published by FINRA. Its up 1.17% from 5.13M shares, reported previously. With 180,900 shares average volume, it will take short sellers 29 days to cover their FRTA’s short positions. The short interest to Forterra Inc’s float is 28.02%.

The stock decreased 4.72% or $0.235 during the last trading session, reaching $4.74. About 317,031 shares traded. Forterra, Inc. (NASDAQ:FRTA) has risen 73.06% since December 8, 2017 and is uptrending. It has outperformed by 57.44% the S&P500.

Forterra, Inc. manufactures water and drainage pipe and products in the United States and Eastern Canada. The company has market cap of $304.32 million. It also makes structural and specialty precast products, and precast concrete bridge girders; and prestressed concrete, welded steel, and bar-wrapped concrete pipes. It has a 8.48 P/E ratio. The firm serves water-related infrastructure applications, including water transmission, distribution, and drainage; and contractors, distributors, and municipalities.

More notable recent Forterra, Inc. (NASDAQ:FRTA) news were published by: Zacks.com which released: “FORTERRA INC (FRTA) Q2 Earnings Beat Estimates – August 8, 2018 – Zacks.com – Zacks.com” on August 08, 2018, also Nasdaq.com with their article: “Mid-Afternoon Market Update: On Deck Capital Jumps On Earnings Beat; Invacare Shares Plummet – Nasdaq” published on November 06, 2018, Fool.com published: “Why Forterra Inc Stock Slumped 24% Today – Motley Fool” on May 15, 2017. More interesting news about Forterra, Inc. (NASDAQ:FRTA) were released by: Fool.com and their article: “This Is Why Forterra Inc’s Stock Is Spiking Today – The Motley Fool” published on November 08, 2017 as well as Globenewswire.com‘s news article titled: “Forterra Announces Acquisition of Royal Enterprises America’s Business – GlobeNewswire” with publication date: February 06, 2017.

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.