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TTM Technologies Incorporated (NASDAQ:TTMI) Shorted Shares Increased By 3.84%

2016-04-16   Reada PCB


The stock of Ttm Technologies Incorporated (NASDAQ:TTMI) registered an increase of 3.84% in short interest. TTMI’s total short interest was 7.01M shares in April as published by FINRA. Its up 3.84% from 6.75M shares, reported previously. With 622,900 shares average volume, it will take short sellers 11 days to cover their TTMI’s short positions. The short interest to Ttm Technologies Incorporated’s float is 9.96%. The stock decreased 1.35% or $0.09 during the last trading session, hitting $6.92. About 326,147 shares traded hands. TTM Technologies, Inc. (NASDAQ:TTMI) has risen 6.53% since September 8, 2015 and is uptrending. It has outperformed by 0.79% the S&P500.

TTM Technologies, Inc. is a provider of printed circuit board products and backplane assemblies, which serve as the foundation of electronic products. The company has a market cap of $713.99 million. The Firm operates a total of 13 facilities in the United States and the People’s Republic of China (China). It currently has negative earnings. It manages activities based on two geographic operating divisions: Asia Pacific, which consists of five PCB fabrication plants, and North America, which consists of seven domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants, and one backplane assembly plant in Shanghai, China, which is managed in conjunction with its United States operations.                                    

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