What Next for Tcf Financial Corporation (NYSE:TCF) Stock After Increase in Shorted Shares?

September 30, 2018 - By Kristin Houston

The stock of Tcf Financial Corporation (NYSE:TCF) registered an increase of 4.33% in short interest. TCF’s total short interest was 2.24M shares in September as published by FINRA. Its up 4.33% from 2.15 million shares, reported previously. With 998,100 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 1.45%.

The stock increased 0.17% or $0.04 during the last trading session, reaching $23.81. About 1.24 million shares traded or 6.93% up from the average. TCF Financial Corporation (NYSE:TCF) has risen 60.36% since September 30, 2017 and is uptrending. It has outperformed by 44.74% 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 $3.99 billion. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services divisions. It has a 14.97 P/E ratio. The firm offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts.

More news for TCF Financial Corporation (NYSE:TCF) were recently published by: Benzinga.com, which released: “Bank Of America Double Upgrades TCF Financial After Meeting Execs” on September 06, 2018. Businesswire.com‘s article titled: “TCF Bank Raises Prime Rate to 5.25 Percent” and published on September 26, 2018 is yet another important article.

TCF Financial Corporation (NYSE:TCF) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: