Is TRELLEBORG AB B FRIA F ORDINARY SHARES (OTCMKTS:TBABF)’s Fuel Running Low? Reports Show More Sellers

September 30, 2018 - By Billy Entrekin

Trelleborg AB (OTCMKTS:TBABF) Logo

The stock of TRELLEBORG AB B FRIA F ORDINARY SHARES (OTCMKTS:TBABF) registered an increase of 0.71% in short interest. TBABF’s total short interest was 809,600 shares in September as published by FINRA. Its up 0.71% from 803,900 shares, reported previously. With 100 shares average volume, it will take short sellers 8096 days to cover their TBABF’s short positions.

It closed at $20.17 lastly. It is down 0.00% since September 30, 2017 and is . It has underperformed by 15.62% the S&P500.

Trelleborg AB develops polymer solutions for seal, damp, and protect applications worldwide. The company has market cap of $5.50 billion. The firm offers anti-vibration solutions, such as anti-vibration and suspension products, as well as buffers and pads; boots for transmission, steering gear, and shock absorption applications; automotive noise damping solutions consisting of shims/insulators, engine shear plate dampers, applied damping material, NVH laminates, and tuned absorbers, as well as solutions for consumer electronics; and marine composite bearings and bushings. It has a 17.88 P/E ratio. It also provides elastomer laminates; engineered coated fabrics; molded rubber products and custom rubber parts; marine fenders, gas and oil transfer, ship performance, docking and mooring, piloting and navigation, and surface buoyancy products for the port and harbor, marine, offshore, and shipbuilding industries; and float over solutions.

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