Tetra Technologies Inc (NYSE:TTI) Shorted Shares Increased By 1.73%

September 30, 2018 - By Billy Entrekin

Investors sentiment decreased to 1.13 in 2018 Q2. Its down 0.67, from 1.8 in 2018Q1. It turned negative, as 20 investors sold TETRA Technologies, Inc. shares while 41 reduced holdings. 18 funds opened positions while 51 raised stakes. 99.04 million shares or 2.00% more from 97.10 million shares in 2018Q1 were reported.
Cibc Asset Mgmt reported 10,526 shares. Wells Fargo & Mn owns 4.91 million shares or 0.01% of their US portfolio. The Connecticut-based Matarin Capital Mgmt Ltd Com has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). The Germany-based Deutsche Comml Bank Ag has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Northwestern Mutual Wealth Mgmt Co has 1,500 shares. Meeder Asset Mngmt has 2,999 shares for 0% of their portfolio. Parametric Port Assoc Limited Liability Company holds 277,413 shares. State Street invested in 3.52M shares. Rk Cap Mngmt Llc accumulated 815,169 shares. Jpmorgan Chase reported 113,761 shares or 0% of all its holdings. Great West Life Assurance Can accumulated 161,573 shares. 211,250 were accumulated by Swiss Fincl Bank. 1.87 million are owned by National Bank & Trust Of Mellon. Indexiq Advsr holds 0.08% or 583,304 shares in its portfolio. Campbell And Commerce Invest Adviser Lc owns 85,600 shares or 0.29% of their US portfolio.

Since August 21, 2018, it had 1 buying transaction, and 1 insider sale for $131,709 activity. $43,750 worth of TETRA Technologies, Inc. (NYSE:TTI) was bought by BATES THOMAS R JR.

The stock of Tetra Technologies Inc (NYSE:TTI) registered an increase of 1.73% in short interest. TTI’s total short interest was 5.64M shares in September as published by FINRA. Its up 1.73% from 5.54M shares, reported previously. With 559,000 shares average volume, it will take short sellers 10 days to cover their TTI’s short positions.

The stock increased 1.58% or $0.07 during the last trading session, reaching $4.51. About 595,085 shares traded or 5.18% up from the average. TETRA Technologies, Inc. (NYSE:TTI) has risen 105.07% since September 30, 2017 and is uptrending. It has outperformed by 89.45% the S&P500.

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified gas and oil services company. The company has market cap of $566.81 million. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore. It currently has negative earnings. The Fluids division makes and markets clear brine fluids, additives, and associated services and products to the gas and oil industry for use in well drilling, completion, and workover activities in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

TETRA Technologies, Inc. (NYSE:TTI) Ratings Coverage

Among 4 analysts covering Tetra Technologies (NYSE:TTI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tetra Technologies had 4 analyst reports since July 6, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Wells Fargo on Friday, August 10. The firm has “Outperform” rating given on Monday, August 13 by Credit Suisse.

TETRA Technologies, Inc. (NYSE:TTI) Institutional Positions Chart

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