A Reversal for TECHNICOLOR ORDINARY SHARES PROV DE REGR (OTCMKTS:THNRF) Is Not Near. The Stock Has Rise in Shorts

June 12, 2018 - By Maria Brooks

Technicolor SA (OTCMKTS:THNRF) Logo

The stock of TECHNICOLOR ORDINARY SHARES PROV DE REGR (OTCMKTS:THNRF) registered an increase of 14.62% in short interest. THNRF’s total short interest was 1.59 million shares in June as published by FINRA. Its up 14.62% from 1.39M shares, reported previously. With 2,900 shares average volume, it will take short sellers 549 days to cover their THNRF’s short positions. The short interest to TECHNICOLOR ORDINARY SHARES PROV DE REGR’s float is 0.44%.

It closed at $1.68 lastly. It is down 0.00% since June 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Technicolor SA provides various communication and video technologies, finished products, systems, equipment, and services for businesses and professionals in the entertainment and media industries worldwide. The company has market cap of $672.03 million. It operates through three divisions: Connected Home, Entertainment Services, and Technology. It currently has negative earnings. The Connected Home segment creates and supplies set-top boxes, broadband modems and gateways, managed wireless tablets, and other connected devices, as well as multi-device communication software, smart home applications, and related professional services.

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