What’s Ahead for TRAVIS PERKINS PLC ORDINARY SHARES (OTCMKTS:TVPKF) After More Shorted Shares?

October 13, 2018 - By Louis Casey

Travis Perkins plc (OTCMKTS:TVPKF) Logo

The stock of TRAVIS PERKINS PLC ORDINARY SHARES (OTCMKTS:TVPKF) registered an increase of 24.44% in short interest. TVPKF’s total short interest was 60,600 shares in October as published by FINRA. Its up 24.44% from 48,700 shares, reported previously. With 200 shares average volume, it will take short sellers 303 days to cover their TVPKF’s short positions.

It closed at $14.8 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Travis Perkins plc operates as a builderÂ’s merchant and home improvement product retailer in the United Kingdom. The company has market cap of $3.23 billion. The companyÂ’s General Merchanting division supplies building materials for various types of repair, maintenance, and improvement projects, as well as new residential and commercial constructions. It currently has negative earnings. It serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands.

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