Torm Plc – Class A (NASDAQ:TRMD) Shorted Shares Increased By 333.33%

October 13, 2018 - By Winifred Garcia

The stock of Torm Plc – Class A (NASDAQ:TRMD) registered an increase of 333.33% in short interest. TRMD’s total short interest was 1,300 shares in October as published by FINRA. Its up 333.33% from 300 shares, reported previously. With 1,800 shares average volume, it will take short sellers 1 days to cover their TRMD’s short positions. The short interest to Torm Plc – Class A’s float is 0.01%.

The stock decreased 1.09% or $0.07 during the last trading session, reaching $6.37. About 200 shares traded. Torm Plc (NASDAQ:TRMD) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

TORM plc, a product tanker company, transports refined oil products worldwide. The company has market cap of $455.60 million. The firm transports refined oil products, such as gasoline, jet fuel, naphtha, and diesel oil. It currently has negative earnings. As of March 8, 2018, it had a fleet of 80 vessels.

Another recent and important Torm Plc (NASDAQ:TRMD) news was published by Nasdaq.com which published an article titled: “Leading Tanker, LPG and LNG Shipping Companies Presenting at Capital Link’s 10th Annual New York Maritime …” on October 01, 2018.

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