Could Transunion (NYSE:TRU) Change Direction After More Shorts?

October 13, 2018 - By Ruchi Gupta

TransUnion (NYSE:TRU) Logo

The stock of Transunion (NYSE:TRU) registered an increase of 25.66% in short interest. TRU’s total short interest was 2.25M shares in October as published by FINRA. Its up 25.66% from 1.79 million shares, reported previously. With 767,300 shares average volume, it will take short sellers 3 days to cover their TRU’s short positions. The short interest to Transunion’s float is 1.29%.

The stock increased 2.73% or $1.83 during the last trading session, reaching $68.94. About 1.12M shares traded or 5.65% up from the average. TransUnion (NYSE:TRU) has risen 59.83% since October 13, 2017 and is uptrending. It has outperformed by 44.21% the S&P500.

TransUnion provides risk and information solutions. The company has market cap of $12.73 billion. The firm operates in three divisions: U.S. It has a 29.74 P/E ratio. Information Services , International, and Consumer Interactive.

TransUnion (NYSE:TRU) Ratings Coverage

Among 10 analysts covering TransUnion (NYSE:TRU), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. TransUnion had 17 analyst reports since April 20, 2018 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, July 18. Robert W. Baird maintained TransUnion (NYSE:TRU) on Sunday, April 22 with “Buy” rating. The stock of TransUnion (NYSE:TRU) earned “Hold” rating by Wells Fargo on Monday, April 23. The rating was downgraded by Atlantic Securities to “Neutral” on Wednesday, July 25. The stock has “Buy” rating by SunTrust on Sunday, April 22. On Monday, April 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. On Friday, April 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of TransUnion (NYSE:TRU) earned “Equal-Weight” rating by Morgan Stanley on Thursday, September 13. The rating was maintained by Morgan Stanley on Wednesday, July 25 with “Equal-Weight”. The firm has “Buy” rating given on Friday, April 20 by Cowen & Co.

More important recent TransUnion (NYSE:TRU) news were published by: Globenewswire.com which released: “TransUnion Announces Earnings Release Date for Third Quarter 2018 Results” on September 18, 2018, also Globenewswire.com published article titled: “TransUnion Receives Outstanding Company Culture Award”, Globenewswire.com published: “TransUnion Expands Healthcare Solutions with Agreement to Acquire Rubixis” on October 10, 2018. More interesting news about TransUnion (NYSE:TRU) was released by: Streetinsider.com and their article: “TransUnion (TRU) to Acquire Rubixis” with publication date: October 10, 2018.

TransUnion (NYSE:TRU) Ratings Chart

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