Triple-S Management (GTS) Reaches $33.98 52-Week High; SMITH-MIDLAND CORPORATION (SMID) Sellers Decreased By 14.29% Their Shorts

May 16, 2018 - By Linda Rogers

Smith-Midland Corporation (OTCMKTS:SMID) Logo

SMITH-MIDLAND CORPORATION (OTCMKTS:SMID) had a decrease of 14.29% in short interest. SMID’s SI was 1,200 shares in May as released by FINRA. Its down 14.29% from 1,400 shares previously. With 20,200 avg volume, 0 days are for SMITH-MIDLAND CORPORATION (OTCMKTS:SMID)’s short sellers to cover SMID’s short positions. The SI to SMITH-MIDLAND CORPORATION’s float is 0.03%. It closed at $8.5 lastly. It is down 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.

The stock of Triple-S Management Corporation (NYSE:GTS) hit a new 52-week high and has $37.03 target or 9.00% above today’s $33.98 share price. The 8 months bullish chart indicates low risk for the $793.20M company. The 1-year high was reported on May, 16 by Barchart.com. If the $37.03 price target is reached, the company will be worth $71.39M more. The stock increased 2.33% or $0.775 during the last trading session, reaching $33.975. About 35,900 shares traded. Triple-S Management Corporation (NYSE:GTS) has risen 52.00% since May 16, 2017 and is uptrending. It has outperformed by 40.45% the S&P500.

Smith-Midland Corporation, through its subsidiaries, invents, develops, makes, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries in the United States. The company has market cap of $43.18 million. The firm offers Easi-Set SlenderWall lightweight construction panels, which are exterior cladding systems used for the exterior walls of buildings; and Easi-Set Sierra Wall that provides sound and sight barrier for use in highway projects, as well as residential, industrial, and commercial purposes. It has a 16.04 P/E ratio. It also provides Easi-Set J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic for construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in communications operations, government applications, utilities installations, and commercial and industrial locations.

Investors sentiment decreased to 1.33 in 2017 Q4. Its down 0.73, from 2.06 in 2017Q3. It is negative, as 9 investors sold Triple-S Management Corporation shares while 37 reduced holdings. 17 funds opened positions while 44 raised stakes. 19.93 million shares or 0.51% less from 20.03 million shares in 2017Q3 were reported. Pzena Investment Mgmt Lc holds 0.21% or 1.70M shares. 2,760 are held by Meeder Asset. Bnp Paribas Arbitrage accumulated 5,727 shares. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 4,009 shares. The Massachusetts-based State Street Corp has invested 0% in Triple-S Management Corporation (NYSE:GTS). First Quadrant Limited Partnership Ca has 0.01% invested in Triple-S Management Corporation (NYSE:GTS). Tudor Inv Corp Et Al, a Connecticut-based fund reported 27,520 shares. Grantham Mayo Van Otterloo reported 10,100 shares. Blackrock Incorporated has 1.61 million shares. 60,732 were accumulated by United Automobile Association. 23,892 are owned by Rhumbline Advisers. Federated Pa reported 1,433 shares stake. Millennium Mngmt Limited Com accumulated 0.01% or 410,540 shares. Schwab Charles Invest Management has 0.01% invested in Triple-S Management Corporation (NYSE:GTS). National Bank & Trust Of New York Mellon Corp stated it has 0% in Triple-S Management Corporation (NYSE:GTS).

Since December 11, 2017, it had 0 insider buys, and 1 sale for $18,557 activity. The insider Diaz Juan J. sold 700 shares worth $18,557.

Analysts await Triple-S Management Corporation (NYSE:GTS) to report earnings on August, 14. They expect $0.35 earnings per share, down 10.26% or $0.04 from last year’s $0.39 per share. GTS’s profit will be $8.17M for 24.27 P/E if the $0.35 EPS becomes a reality. After $0.60 actual earnings per share reported by Triple-S Management Corporation for the previous quarter, Wall Street now forecasts -41.67% negative EPS growth.

Triple-S Management Corporation (NYSE:GTS) Institutional Positions Chart

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