Gentherm Inc (NASDAQ:THRM) Could Improve Your Long Portfolio After Less Shorts Reported

July 14, 2018 - By Adrian Erickson

Gentherm Incorporated (NASDAQ:THRM) Logo

The stock of Gentherm Inc (NASDAQ:THRM) registered a decrease of 0.97% in short interest. THRM’s total short interest was 2.07M shares in July as published by FINRA. Its down 0.97% from 2.09M shares, reported previously. With 216,400 shares average volume, it will take short sellers 10 days to cover their THRM’s short positions. The short interest to Gentherm Inc’s float is 5.72%.

The stock increased 1.26% or $0.5 during the last trading session, reaching $40.25. About 95,149 shares traded. Gentherm Incorporated (NASDAQ:THRM) has declined 5.39% since July 14, 2017 and is downtrending. It has underperformed by 17.96% the S&P500.

Gentherm Incorporated designs, develops, and makes thermal management technologies in North America, Europe, and Asia. The company has market cap of $1.48 billion. The firm operates through Automotive and Industrial divisions. It has a 41.97 P/E ratio. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

Gentherm Incorporated (NASDAQ:THRM) Ratings Coverage

Among 8 analysts covering Gentherm (NASDAQ:THRM), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Gentherm had 10 analyst reports since February 21, 2018 according to SRatingsIntel. The rating was upgraded by Craig Hallum on Wednesday, February 21 to “Buy”. The firm has “Sell” rating given on Tuesday, June 26 by Longbow. The firm has “Outperform” rating given on Wednesday, February 28 by BMO Capital Markets. Longbow maintained the stock with “Sell” rating in Friday, April 27 report. FBR Capital maintained it with “Buy” rating and $50 target in Tuesday, June 26 report. The company was maintained on Wednesday, February 21 by JP Morgan. FBR Capital maintained the stock with “Buy” rating in Wednesday, June 20 report. The stock has “Hold” rating by Susquehanna on Wednesday, March 14. The firm has “Neutral” rating given on Tuesday, May 1 by Buckingham Research.

Another recent and important Gentherm Incorporated (NASDAQ:THRM) news was published by which published an article titled: “Gentherm Announces Date for 2018 Second Quarter Results News Release and Conference Call” on June 27, 2018.

Gentherm Incorporated (NASDAQ:THRM) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.