A Reversal for TECHPRECISION CORPORATION (OTCMKTS:TPCS) Is Near. The Stock Has Decrease in Shorts

October 13, 2018 - By Marguerite Chambers

The stock of TECHPRECISION CORPORATION (OTCMKTS:TPCS) registered a decrease of 81.46% in short interest. TPCS’s total short interest was 2,800 shares in October as published by FINRA. Its down 81.46% from 15,100 shares, reported previously.

The stock increased 3.04% or $0.03 during the last trading session, reaching $0.85. About 15,890 shares traded. TechPrecision Corporation (OTCMKTS:TPCS) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

TechPrecision Corporation, together with its subsidiaries, makes and sells precision, large-scale fabricated, and machined metal components and systems in the United States and the People's Republic of China. The company has market cap of $24.50 million. It offers custom components for ships and submarines, aerospace equipment, nuclear power plants, and large scale medical systems. It currently has negative earnings. The firm also provides manufacturing engineering services to assist customers.

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