What’s in Tronox Limited Ordinary Shares Class A (NYSE:TROX) After Decline in Shorted Shares?

October 13, 2018 - By Clifton Ray

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Investors sentiment increased to 1.15 in Q2 2018. Its up 0.21, from 0.94 in 2018Q1. It increased, as 21 investors sold Tronox Limited shares while 45 reduced holdings. 25 funds opened positions while 51 raised stakes. 84.31 million shares or 4.13% more from 80.97 million shares in 2018Q1 were reported.
Group holds 0% of its portfolio in Tronox Limited (NYSE:TROX) for 61,008 shares. Wells Fargo And Communication Mn reported 0% in Tronox Limited (NYSE:TROX). Parallax Volatility Advisers L P holds 8,491 shares or 0% of its portfolio. Corsair Cap Mngmt Lp accumulated 992,820 shares. Clarivest Asset Mngmt Ltd Company holds 0% or 18 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) owns 5,891 shares. Creative Planning holds 156,489 shares. Pnc Grp holds 0% of its portfolio in Tronox Limited (NYSE:TROX) for 106 shares. Dimensional Fund Advsrs L P accumulated 0.03% or 4.36 million shares. Parametric Assocs Ltd Liability Com holds 0% of its portfolio in Tronox Limited (NYSE:TROX) for 189,339 shares. 54 were accumulated by Assetmark. Los Angeles Mgmt & Equity reported 42,231 shares. Invesco reported 161,527 shares stake. Tig Ltd Liability Co stated it has 2.56% of its portfolio in Tronox Limited (NYSE:TROX). Nokota Mngmt Limited Partnership has invested 0.03% in Tronox Limited (NYSE:TROX).

Since August 13, 2018, it had 0 insider purchases, and 1 insider sale for $156,600 activity.

The stock of Tronox Limited Ordinary Shares Class A (NYSE:TROX) registered a decrease of 0.87% in short interest. TROX’s total short interest was 5.64 million shares in October as published by FINRA. Its down 0.87% from 5.69M shares, reported previously. With 1.33M shares average volume, it will take short sellers 4 days to cover their TROX’s short positions. The short interest to Tronox Limited Ordinary Shares Class A’s float is 6.08%.

The stock increased 2.15% or $0.25 during the last trading session, reaching $11.9. About 1.15M shares traded. Tronox Limited (NYSE:TROX) has declined 42.00% since October 13, 2017 and is downtrending. It has underperformed by 57.62% the S&P500.

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide pigment in North America, Europe, South Africa, and the Asia-Pacific region. The company has market cap of $1.46 billion. It primarily operates in two divisions, TiO2 and Alkali. It currently has negative earnings. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.

Tronox Limited (NYSE:TROX) Ratings Coverage

Among 4 analysts covering Tronox (NYSE:TROX), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Tronox had 4 analyst reports since July 31, 2018 according to SRatingsIntel. As per Tuesday, August 7, the company rating was maintained by BMO Capital Markets. The firm earned “Overweight” rating on Monday, August 6 by Barclays Capital. The firm has “Equal-Weight” rating given on Tuesday, September 25 by Morgan Stanley.

Another recent and important Tronox Limited (NYSE:TROX) news was published by Streetinsider.com which published an article titled: “Venator Materials (VNTR) to Continue Negotiations with Tronox (TROX) Regarding Cristal’s Ashtabula, Ohio Complex” on October 01, 2018.

Tronox Limited (NYSE:TROX) Ratings Chart

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