What Next for Travelcenters of America Llc (NASDAQ:TA) Stock After Increase in Shorted Shares?

September 30, 2018 - By Matthew Richard

TravelCenters of America LLC (NASDAQ:TA) Logo

Investors sentiment increased to 1 in Q2 2018. Its up 0.07, from 0.93 in 2018Q1. It increased, as 8 investors sold TravelCenters of America LLC shares while 19 reduced holdings. 12 funds opened positions while 15 raised stakes. 10.67 million shares or 9.00% less from 11.73 million shares in 2018Q1 were reported.
Ancora Advsrs Limited Liability Com holds 0.01% or 61,624 shares. Nantahala Mngmt Ltd Liability Corporation holds 0.11% of its portfolio in TravelCenters of America LLC (NASDAQ:TA) for 759,401 shares. Raymond James Assocs stated it has 0% in TravelCenters of America LLC (NASDAQ:TA). Ameritas Invest Partners owns 60,000 shares. The California-based Falcon Point Capital Limited Liability has invested 0.13% in TravelCenters of America LLC (NASDAQ:TA). Acadian Asset Limited Com invested in 226,615 shares or 0% of the stock. Hanson & Doremus Invest Management invested in 78,863 shares. Ckw Finance reported 100 shares. Products Prtn Limited Liability Co reported 52,801 shares or 0.01% of all its holdings. Wells Fargo & Communications Mn accumulated 34,720 shares or 0% of the stock. Quantbot Tech Ltd Partnership reported 100 shares. Oppenheimer And Co reported 107,200 shares stake. Barclays Public Limited Co accumulated 16 shares or 0% of the stock. Jump Trading Limited Liability accumulated 0% or 12,678 shares. 10,057 were accumulated by Art Advsr Ltd Limited Liability Company.

The stock of Travelcenters of America Llc (NASDAQ:TA) registered an increase of 9.98% in short interest. TA’s total short interest was 317,500 shares in September as published by FINRA. Its up 9.98% from 288,700 shares, reported previously. With 108,400 shares average volume, it will take short sellers 3 days to cover their TA’s short positions. The short interest to Travelcenters of America Llc’s float is 0.88%.

The stock increased 1.79% or $0.1 during the last trading session, reaching $5.7. About 156,840 shares traded. TravelCenters of America LLC (NASDAQ:TA) has risen 45.45% since September 30, 2017 and is uptrending. It has outperformed by 29.83% the S&P500.

TravelCenters of America LLC operates and franchises travel center, and standalone convenience store and restaurant locations in the United States and Canada. The company has market cap of $226.70 million. It operates in two divisions, Travel Centers and Convenience Stores. It currently has negative earnings. The firm offers diesel fuel and gasoline, and diesel exhaust fluid; and operates full service restaurants and quick service restaurants .

More recent TravelCenters of America LLC (NASDAQ:TA) news were published by: Crainscleveland.com which released: “TravelCenters of America launches TA Express brand with four locations” on September 10, 2018. Also Nasdaq.com published the news titled: “Mid-Morning Market Update: Markets Open Lower; Conn’s Profit Tops Estimates” on September 04, 2018. Crainscleveland.com‘s news article titled: “TravelCenters of America agrees to sell its convenience store business for $330 million” with publication date: September 04, 2018 was also an interesting one.

TravelCenters of America LLC (NASDAQ:TA) Institutional Positions Chart

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