Could Thl Credit Inc (NASDAQ:TCRD) Skyrocket? The Stock Has Too Many Sellers

April 16, 2018 - By Marie Mckinney

Investors sentiment increased to 0.97 in Q4 2017. Its up 0.01, from 0.96 in 2017Q3. It increased, as 8 investors sold THL Credit, Inc. shares while 21 reduced holdings. 9 funds opened positions while 19 raised stakes. 11.98 million shares or 2.10% more from 11.74 million shares in 2017Q3 were reported.
Cibc World Markets Incorporated accumulated 11,530 shares. Legal & General Gru Public Ltd Liability Company has invested 0% in THL Credit, Inc. (NASDAQ:TCRD). Eaton Vance Mgmt has 67,000 shares for 0% of their portfolio. Sumitomo Mitsui Asset Limited holds 0.02% or 115,549 shares. Jpmorgan Chase Co owns 20,654 shares for 0% of their portfolio. Bb&T Secs Lc holds 0.02% of its portfolio in THL Credit, Inc. (NASDAQ:TCRD) for 209,927 shares. Founders Ltd invested 0.03% of its portfolio in THL Credit, Inc. (NASDAQ:TCRD). Advisory Research holds 123,927 shares or 0.02% of its portfolio. Freestone Capital Ltd Llc owns 285,321 shares. Royal Financial Bank Of Canada reported 0% of its portfolio in THL Credit, Inc. (NASDAQ:TCRD). 520 were accumulated by Howe & Rusling. Moreover, Highlander Cap Management Limited Liability Corp has 0.31% invested in THL Credit, Inc. (NASDAQ:TCRD) for 46,650 shares. Moreover, Guggenheim Cap Ltd Liability Corp has 0.01% invested in THL Credit, Inc. (NASDAQ:TCRD) for 233,963 shares. Arrowstreet Cap Limited Partnership holds 234,654 shares or 0.01% of its portfolio. 11,900 are owned by Kempner Cap Mgmt Incorporated.

Since March 9, 2018, it had 4 insider purchases, and 3 selling transactions for $900,863 activity. $309,327 worth of THL Credit, Inc. (NASDAQ:TCRD) shares were sold by Tillinghast Sam W.. Rusnak-Carlson Sabrina had bought 1 shares worth $8 on Friday, March 9. Flynn Christopher J. also bought $12,336 worth of THL Credit, Inc. (NASDAQ:TCRD) shares. 1,250 shares valued at $10,263 were bought by Olson Terrence W. on Monday, March 12.

The stock of Thl Credit Inc (NASDAQ:TCRD) registered an increase of 3.39% in short interest. TCRD’s total short interest was 293,000 shares in April as published by FINRA. Its up 3.39% from 283,400 shares, reported previously. With 103,100 shares average volume, it will take short sellers 3 days to cover their TCRD’s short positions.

The stock decreased 0.25% or $0.02 during the last trading session, reaching $7.9. About 39,114 shares traded. THL Credit, Inc. (NASDAQ:TCRD) has declined 19.69% since April 16, 2017 and is downtrending. It has underperformed by 31.24% the S&P500.

THL Credit, Inc. (NASDAQ:TCRD) Ratings Coverage

Among 4 analysts covering THL Credit (NASDAQ:TCRD), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. THL Credit had 6 analyst reports since November 3, 2017 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Friday, November 3. The firm earned “Hold” rating on Wednesday, March 7 by Jefferies. Maxim Group downgraded the stock to “Hold” rating in Thursday, March 8 report. The firm has “Buy” rating by Maxim Group given on Friday, November 10. On Thursday, March 8 the stock rating was maintained by Deutsche Bank with “Hold”. On Wednesday, March 7 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

THL Credit, Inc. (NASDAQ:TCRD) Institutional Positions Chart

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