Tcf Financial Corporation (NYSE:TCF) Stock Is Shorted More

The stock of Tcf Financial Corporation (NYSE:TCF) registered an increase of 80.89% in short interest. TCF’s total short interest was 3.79M shares in April as published by FINRA. Its up 80.89% from 2.09M shares, reported previously. With 1.78M shares average volume, it will take short sellers 2 days to cover their TCF’s short positions. The short interest to Tcf Financial Corporation’s float is 2.49%.

The stock increased 0.86% or $0.19 during the last trading session, reaching $22.38. About 601,398 shares traded. TCF Financial Corporation (NYSE:TCF) has risen 2.68% since April 17, 2018 and is uptrending. It has underperformed by 1.69% the S&P500.

TCF Financial Corporation operates as the holding firm for TCF National Bank that provides various financial services and products in the United States and Canada. The company has market cap of $3.62 billion. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services divisions. It has a 12.86 P/E ratio. The firm offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts.

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More notable recent TCF Financial Corporation (NYSE:TCF) news were published by: Bizjournals.com which released: “Wells Fargo, TCF, U.S. Bank charge highest college student fees, federal report says – Minneapolis / St. Paul Business Journal” on December 11, 2018, also Businesswire.com with their article: “TCF Financial Corporation and Chemical Financial Corporation to Present at RBC Capital Markets Financial Institutions Conference – Business Wire” published on March 08, 2019, Benzinga.com published: “Bank Of America Double Upgrades TCF Financial After Meeting Execs (NYSE:TCF) – Benzinga” on September 06, 2018. More interesting news about TCF Financial Corporation (NYSE:TCF) were released by: Globenewswire.com and their article: “MERGER ALERT –TCF and HF: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies – GlobeNewswire” published on March 26, 2019 as well as Benzinga.com‘s news article titled: “Chemical (NASDAQ:CHFC), TCF (NYSE:TCF) Banks To Merge, Creating ‘Largest Midcap Bank In The Midwest’ With Detroit HQ – Benzinga” with publication date: January 28, 2019.

TCF Financial Corporation (NYSE:TCF) Institutional Positions Chart