March 13, 2018 - By Migdalia James

The stock of TENARIS SA LUXEMBOURG ORDINARY SHARES (OTCMKTS:TNRSF) registered an increase of 4.42% in short interest. TNRSF’s total short interest was 13.19 million shares in March as published by FINRA. Its up 4.42% from 12.63 million shares, reported previously. With 27,800 shares average volume, it will take short sellers 475 days to cover their TNRSF’s short positions. The short interest to TENARIS SA LUXEMBOURG ORDINARY SHARES’s float is 2.83%.

It closed at $17.5 lastly. It is down 0.00% since March 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Tenaris S.A., through its subsidiaries, makes and distributes steel pipe products and other related services for the energy industry, and other industrial applications. The company has market cap of $21.89 billion. The firm offers products for gas and oil drilling operations, including casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, tubular accessories, non-tubular accessories, and devices. It has a 49.44 P/E ratio. It also provides offshore line pipe products, such as top tensioned and steel catenary risers, export lines and flowlines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubings, and coated pipes; and seamless and welded tubes for onshore line pipe; various seamless steel tubes and pipes for refineries, petrochemical, and gas-processing plants; and tubular products for the power generation industry.

More important recent Tenaris S.A. (OTCMKTS:TNRSF) news were published by: Nasdaq.com which released: “Tenaris SA (TS) in Focus: Stock Moves 5.2% Higher” on February 23, 2018, also Benzinga.com published article titled: “Tenaris Q4 Earnings Preview”, Streetinsider.com published: “Credit Suisse Upgrades Tenaris SA (TS) to Outperform” on February 23, 2018. More interesting news about Tenaris S.A. (OTCMKTS:TNRSF) was released by: Globenewswire.com and their article: “Tenaris Announces 2017 Fourth Quarter and Annual Results” with publication date: February 21, 2018.

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