What’s TRIAD GUARANTY INC (OTCMKTS:TGICQ) Upside After This Short Interest Increase?

July 14, 2018 - By Pete Kolinski

The stock of TRIAD GUARANTY INC (OTCMKTS:TGICQ) registered an increase of 1.7% in short interest. TGICQ’s total short interest was 656,300 shares in July as published by FINRA. Its up 1.7% from 645,300 shares, reported previously. With 41,200 shares average volume, it will take short sellers 16 days to cover their TGICQ’s short positions.

The stock decreased 14.10% or $0.055 during the last trading session, reaching $0.335. About shares traded. Triad Guaranty Inc. (OTCMKTS:TGICQ) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Triad Guaranty Inc., through its subsidiary, Triad Guaranty Insurance Corporation, operates mortgage guaranty insurance business in run-off under two corrective orders issued by the Illinois Department of Insurance. The company has market cap of $5.15 million. The firm was founded in 1987 and is based in Birmingham, Alabama. It currently has negative earnings. On June 3, 2013, Triad Guaranty Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S.

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