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Decreased short positions
The stock of Trio-tech International (NYSEMKT:TRT) registered a decrease of 46.15% in short interest. TRT’s total short interest was 1,400 shares in July as published by FINRA. Its down 46.15% from 2,600 shares, reported previously. With 7,000 shares average volume, it will take short sellers 0 days to cover their TRT’s short positions. The short interest to Trio-tech International’s float is 0.06%. About 601 shares traded hands. Trio-Tech International (NYSEMKT:TRT) has risen 9.31% since December 10, 2015 and is uptrending. It has outperformed by 3.35% the S&P500.
Trio-Tech International is engaged in providing third-party semiconductor testing and burn-in services primarily through its laboratories in Asia. The company has a market cap of $11.38 million. The Firm operates in four divisions: Manufacturing, which makes both front-end and back-end semiconductor test equipment and related peripherals, which performs structural and electronic tests of semiconductor devices; Distribution, which is engaged in the distribution of various products from other manufacturers in Singapore and Southeast Asia, and Real Estate, which is engaged in the real estate property in China. It has a 11.94 P/E ratio. The Firm operates in the United States, Singapore, Malaysia, Thailand and China.
The institutional sentiment Infinity in 2016 Q1. Its in 2015Q4. The ratio [12345], as 0 funds sold all Trio-Tech International shares owned while 0 reduced positions. 3 funds bought stakes while 4 increased positions. They now own 1.20 million shares or 1.99% more from 1.18 million shares in 2015Q4.
Stonebridge Capital Management Inc holds 0.03% of its portfolio in Trio-Tech International for 23,000 shares. Ancora Advisors Llc owns 23,922 shares or 0.01% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 3,462 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. Citigroup Inc, a New York-based fund reported 148 shares.
Source- Consumer Eagle
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