What’s in Thor Industries Inc (NYSE:THO) After Rise in Shorted Shares?

July 14, 2018 - By Clifton Ray

Thor Industries, Inc. (NYSE:THO) Logo

Investors sentiment decreased to 0.96 in 2018 Q1. Its down 0.20, from 1.16 in 2017Q4. It is negative, as 68 investors sold Thor Industries, Inc. shares while 139 reduced holdings. 58 funds opened positions while 141 raised stakes. 45.19 million shares or 4.78% more from 43.13 million shares in 2017Q4 were reported.
Eagle Asset Inc invested in 0% or 2,133 shares. Regions Corporation accumulated 0.02% or 12,312 shares. Zacks Investment Management has 17,456 shares for 0.04% of their portfolio. Aqr Cap Mngmt Limited Liability Co holds 0.03% of its portfolio in Thor Industries, Inc. (NYSE:THO) for 219,136 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma owns 0% invested in Thor Industries, Inc. (NYSE:THO) for 13 shares. Lpl Lc has 0.01% invested in Thor Industries, Inc. (NYSE:THO). Polar Asset Management Partners reported 0.13% stake. Meeder Asset Mngmt Inc reported 6,457 shares. Gamco Invsts Inc Et Al holds 4,000 shares. Apg Asset Management Nv reported 3,500 shares. Redwood Invests Ltd Liability Corp holds 0.54% or 63,475 shares in its portfolio. Northern Tru Corp has 0.01% invested in Thor Industries, Inc. (NYSE:THO). Teacher Retirement System Of Texas stated it has 11,661 shares. Aviva Pcl owns 13,360 shares for 0.01% of their portfolio. 26,149 were accumulated by Telemus Limited Liability Corporation.

The stock of Thor Industries Inc (NYSE:THO) registered an increase of 16.22% in short interest. THO’s total short interest was 4.28 million shares in July as published by FINRA. Its up 16.22% from 3.69 million shares, reported previously. With 979,800 shares average volume, it will take short sellers 4 days to cover their THO’s short positions. The short interest to Thor Industries Inc’s float is 8.48%.

The stock increased 0.29% or $0.29 during the last trading session, reaching $99.97. About 554,622 shares traded. Thor Industries, Inc. (NYSE:THO) has risen 3.20% since July 14, 2017 and is uptrending. It has underperformed by 9.37% the S&P500.

Thor Industries, Inc., through its subsidiaries, designs, makes, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. The company has market cap of $5.27 billion. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles divisions. It has a 12.03 P/E ratio. The firm offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, and Basecamp trade names, as well as Interstate series of Class B motorhomes; gasoline and diesel Class A and Class C motorhomes under the Four Winds, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, A.C.E., Alante, Precept, Greyhawk, and Redhawk trade names; and luxury Class A motorhomes under Insignia, Aspire, Anthem, and Cornerstone trade names.

Thor Industries, Inc. (NYSE:THO) Ratings Coverage

Among 8 analysts covering Thor Industries Inc (NYSE:THO), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Thor Industries Inc had 12 analyst reports since January 25, 2018 according to SRatingsIntel. The rating was upgraded by Argus Research on Friday, March 16 to “Buy”. The stock of Thor Industries, Inc. (NYSE:THO) earned “Buy” rating by Citigroup on Thursday, June 21. The stock of Thor Industries, Inc. (NYSE:THO) has “Hold” rating given on Thursday, January 25 by Northcoast. The company was maintained on Monday, May 7 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, March 8. The stock has “Hold” rating by Stifel Nicolaus on Friday, February 9. The firm has “Buy” rating by Aegis Capital given on Thursday, March 8. The stock has “Hold” rating by Northcoast on Tuesday, February 27. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, May 1 report.

Thor Industries, Inc. (NYSE:THO) Institutional Positions Chart

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