Could TERUMO CORP ORDINARY SHARES (OTCMKTS:TRUMF) See a Reversal After More Sellers Came In?

October 13, 2018 - By Richard Conner

The stock of TERUMO CORP ORDINARY SHARES (OTCMKTS:TRUMF) registered an increase of 82.6% in short interest. TRUMF’s total short interest was 716,900 shares in October as published by FINRA. Its up 82.6% from 392,600 shares, reported previously. With 100 shares average volume, it will take short sellers 7169 days to cover their TRUMF’s short positions.

It closed at $59.34 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Terumo Corporation manufactures and sells medical devices and services worldwide. The company has market cap of $20.80 billion. It provides products for use in cardiothoracic surgery, interventional procedure, and medicine transfusion. It has a 26.48 P/E ratio. The firm offers vascular intervention devices, such as introducer sheathes, guide wires, angiographic catheters, and radial artery compression devices; therapeutic devices; and intravascular imaging systems, including optical frequency domain imaging and intravascular ultrasound systems.

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