Thomson Reuters Corp Ordinary Shares (NYSE:TRI) Has Decline in Shorts

October 13, 2018 - By Hugh Holland

Thomson Reuters Corporation (NYSE:TRI) Logo

Investors sentiment decreased to 0.7 in Q2 2018. Its down 0.06, from 0.76 in 2018Q1. It fall, as 33 investors sold Thomson Reuters Corporation shares while 87 reduced holdings. 23 funds opened positions while 61 raised stakes. 157.20 million shares or 8.08% less from 171.02 million shares in 2018Q1 were reported.
Shell Asset Mgmt Co has 0.1% invested in Thomson Reuters Corporation (NYSE:TRI). Csat Invest Advisory Lp owns 46,018 shares. Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma has invested 0% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Old Second Natl Bank Of Aurora reported 0.01% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Axa holds 248,355 shares or 0.04% of its portfolio. New York-based D E Shaw And Inc has invested 0.03% in Thomson Reuters Corporation (NYSE:TRI). Parametric Assocs Ltd has invested 0.01% of its portfolio in Thomson Reuters Corporation (NYSE:TRI). Td Asset Mngmt accumulated 5.37M shares or 0.33% of the stock. Korea Invest stated it has 88,187 shares. Pnc Financial Services Gp Incorporated holds 0% of its portfolio in Thomson Reuters Corporation (NYSE:TRI) for 12,849 shares. Comerica Bancshares, a Michigan-based fund reported 40,669 shares. Connor Clark And Lunn Management Limited has invested 0.62% in Thomson Reuters Corporation (NYSE:TRI). Jpmorgan Chase & Company invested in 319,673 shares or 0% of the stock. Aperio Grp Inc Ltd has 150,653 shares for 0.03% of their portfolio. Palo Cap Incorporated has 0.27% invested in Thomson Reuters Corporation (NYSE:TRI) for 18,078 shares.

The stock of Thomson Reuters Corp Ordinary Shares (NYSE:TRI) registered a decrease of 3.43% in short interest. TRI’s total short interest was 4.74 million shares in October as published by FINRA. Its down 3.43% from 4.91 million shares, reported previously. With 2.11 million shares average volume, it will take short sellers 2 days to cover their TRI’s short positions. The short interest to Thomson Reuters Corp Ordinary Shares’s float is 1.91%.

The stock increased 2.65% or $1.18 during the last trading session, reaching $45.64. About 2.70 million shares traded or 1.09% up from the average. Thomson Reuters Corporation (NYSE:TRI) has declined 1.29% since October 13, 2017 and is downtrending. It has underperformed by 16.91% the S&P500.

Thomson Reuters Corporation provides news and information for professional markets worldwide. The company has market cap of $25.89 billion. It operates through three divisions: Financial & Risk, Legal, and Tax & Accounting. It has a 27.3 P/E ratio. The firm sells electronic content and services to professionals primarily on a subscription basis.

Thomson Reuters Corporation (NYSE:TRI) Ratings Coverage

Among 4 analysts covering Thomson Reuters Corp Ordinary Shares (NYSE:TRI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Thomson Reuters Corp Ordinary Shares had 5 analyst reports since May 14, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Wednesday, October 10. Barclays Capital maintained Thomson Reuters Corporation (NYSE:TRI) on Monday, May 14 with “Equal-Weight” rating. The stock of Thomson Reuters Corporation (NYSE:TRI) earned “Buy” rating by RBC Capital Markets on Monday, May 14. Bank of America maintained the shares of TRI in report on Monday, May 14 with “Neutral” rating. The rating was upgraded by Canaccord Genuity on Monday, May 14 to “Buy”.

Another recent and important Thomson Reuters Corporation (NYSE:TRI) news was published by Seekingalpha.com which published an article titled: “Thomson Reuters: In-Depth Financial Analysis Of The Blackstone Deal” on September 16, 2018.

Thomson Reuters Corporation (NYSE:TRI) Ratings Chart

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