What’s Next for TRANSCONTINENTAL INC CLASS A SUB-VOTING (OTCMKTS:TCLAF) After Having More Shares Shorted?

April 16, 2018 - By Richard Conner

Transcontinental Inc. (OTCMKTS:TCLAF) Logo

The stock of TRANSCONTINENTAL INC CLASS A SUB-VOTING (OTCMKTS:TCLAF) registered an increase of 0.9% in short interest. TCLAF’s total short interest was 1.44M shares in April as published by FINRA. Its up 0.9% from 1.43M shares, reported previously. With 100 shares average volume, it will take short sellers 14379 days to cover their TCLAF’s short positions. The short interest to TRANSCONTINENTAL INC CLASS A SUB-VOTING’s float is 2.21%.

It closed at $20.992 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Transcontinental Inc. engages in print, flexible packaging, publishing, and digital media activities in Canada and the United States. The company has market cap of $1.56 billion. The firm operates through Printing and Packaging Sector, and Media Sector divisions. It has a 9.17 P/E ratio. The Printing and Packaging Sector segment prints retail flyers, magazines, newspapers, color books, and personalized and mass marketing products; provides pre-media and geo-targeted door-to-door distribution services; and produces and sells flexible packaging solutions.

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