Could Tronox Limited Ordinary Shares Class A (NYSE:TROX) Go Down After Its Newest Short Interest Report?

October 13, 2018 - By Ellis Scott

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Investors sentiment increased to 1.15 in 2018 Q2. Its up 0.21, from 0.94 in 2018Q1. It is positive, as 21 investors sold Tronox Limited shares while 45 reduced holdings. 25 funds opened positions while 51 raised stakes. 84.31 million shares or 4.13% more from 80.97 million shares in 2018Q1 were reported.
Manufacturers Life Insur The invested in 66,285 shares or 0% of the stock. Ontario Teachers Pension Plan Board holds 0.01% of its portfolio in Tronox Limited (NYSE:TROX) for 21,602 shares. Captrust Fincl Advisors reported 1,675 shares. California State Teachers Retirement Systems has 143,319 shares. Frontier Cap Management Limited Liability has 1.44 million shares for 0.2% of their portfolio. Point72 Asset Mngmt L P accumulated 1.22 million shares. Financial Bank Of Montreal Can holds 1,137 shares or 0% of its portfolio. Credit Cap Ltd Llc holds 2.45% or 147,872 shares in its portfolio. Jane Street Group Inc Limited Liability Corp reported 18,191 shares. Moreover, Parallax Volatility Advisers L P has 0% invested in Tronox Limited (NYSE:TROX) for 8,491 shares. Hightower Limited Liability Corporation invested in 21,269 shares or 0% of the stock. Ameritas Invest Prns accumulated 7,808 shares or 0.01% of the stock. Moreover, Panagora Asset Management has 0.03% invested in Tronox Limited (NYSE:TROX). Tig Advsr Ltd Limited Liability Company holds 2.56% or 3.13M shares. Engineers Gate Manager Lp owns 148,190 shares.

Since August 13, 2018, it had 0 insider buys, and 1 sale for $156,600 activity.

The stock of Tronox Limited Ordinary Shares Class A (NYSE:TROX) registered a decrease of 0.87% in short interest. TROX’s total short interest was 5.64 million shares in October as published by FINRA. Its down 0.87% from 5.69M shares, reported previously. With 1.33 million shares average volume, it will take short sellers 4 days to cover their TROX’s short positions. The short interest to Tronox Limited Ordinary Shares Class A’s float is 6.08%.

The stock increased 2.15% or $0.25 during the last trading session, reaching $11.9. About 1.15 million shares traded. Tronox Limited (NYSE:TROX) has declined 42.00% since October 13, 2017 and is downtrending. It has underperformed by 57.62% the S&P500.

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide pigment in North America, Europe, South Africa, and the Asia-Pacific region. The company has market cap of $1.46 billion. It primarily operates in two divisions, TiO2 and Alkali. It currently has negative earnings. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.

Tronox Limited (NYSE:TROX) Ratings Coverage

Among 4 analysts covering Tronox (NYSE:TROX), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Tronox had 4 analyst reports since July 31, 2018 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Monday, August 6. The company was maintained on Tuesday, September 25 by Morgan Stanley. The stock of Tronox Limited (NYSE:TROX) earned “Outperform” rating by BMO Capital Markets on Tuesday, August 7.

Another recent and important Tronox Limited (NYSE:TROX) news was published by Streetinsider.com which published an article titled: “Venator Materials (VNTR) to Continue Negotiations with Tronox (TROX) Regarding Cristal’s Ashtabula, Ohio Complex” on October 01, 2018.

Tronox Limited (NYSE:TROX) Ratings Chart

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