As of Jun 26, 2018 Thermon Group Holdings Inc (NYSE:THR) Shorts Reduced By 0.78%

June 26, 2018 - By Heather Owens

During 2018 Q1 the big money sentiment decreased to 0.95. That’s change of 0.42, from 2017Q4’s 1.37. 6 investors sold all, 36 reduced holdings as Thermon Group Holdings, Inc. ratio worsened. 32 grew holdings while 8 funds amassed holdings. Funds hold 32.04 million shares thus 0.82% less from 2017Q4’s 32.30 million shares.
Jpmorgan Chase And Company has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR). Citadel Ltd Llc has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR) for 88,350 shs. Great Lakes Advsr Ltd Liability reported 147,232 shs. Impax Asset Management Lc invested 0.3% of its capital in Thermon Group Holdings, Inc. (NYSE:THR). Citigroup accumulated 5,490 shs or 0% of the stock. Grp has 20,604 shs. Price T Rowe Assocs Incorporated Md owns 4.16M shs for 0.01% of their capital. Advisory Ntwk Limited Liability Company has invested 0% in Thermon Group Holdings, Inc. (NYSE:THR). Gsa Capital Partners Limited Liability Partnership invested 0.02% of its capital in Thermon Group Holdings, Inc. (NYSE:THR). M&T Bancshares holds 0% or 9,041 shs in its capital. Wcm Invest Ca holds 0.11% in Thermon Group Holdings, Inc. (NYSE:THR) or 507,509 shs. Pnc Financial Service Incorporated accumulated 45 shs. Cwm Limited reported 0% stake. Deutsche Comml Bank Ag holds 0.01% in Thermon Group Holdings, Inc. (NYSE:THR) or 767,928 shs. State Board Of Administration Of Florida Retirement System invested 0% of its capital in Thermon Group Holdings, Inc. (NYSE:THR).

Thermon Group Holdings Inc (NYSE:THR) had a decrease of its shorted shares by 0.78%. It was announced in June by FINRA the 569,700 shorted shares on THR. The 574,200 previous shares are down with 0.78%. With Average volume 65,600, THR’s previous position will take 9 days to recover. Float short on Thermon Group Holdings Inc is 1.78%.

Ticker’s shares touched $23.34 during the last trading session after 1.70% change.Thermon Group Holdings, Inc. has 88,892 shares volume, 3.13% up from normal. THR is uptrending and has moved 23.80% since June 26, 2017. The stock outperformed the S&P 500 by 11.23%.

Thermon Group Holdings, Inc. provides thermal engineered industrial process heating solutions for process industries in the United States, Canada, Europe, and Asia.The company has $758.50 million market cap. The Company’s products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines.The P/E ratio is 64.83. The firm offers self-regulating and power limiting heating cables, which automatically increase or decrease heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated cables for generating high temperatures used in harsh environments; skin effect trace heaters, which could heat lines up to 15 miles long from a single power point; and heat traced tube bundles for environmental gas sampling systems.

Thermon Group Holdings, Inc. (NYSE:THR) Ratings Coverage

In total 3 analysts cover Thermon Group Holdings Inc (NYSE:THR). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. 67% are bullish. 4 are the (NYSE:THR)’s analyst reports since January 25, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the firm has “Buy” rating by BMO Capital Markets given. On Friday, February 9 the firm earned “Hold” rating by SunTrust. On Thursday, April 26 the stock has “Buy” rating by Johnson Rice. On Thursday, February 8 the firm has “Buy” rating by BMO Capital Markets given.

There’s an important Thermon Group Holdings, Inc. (NYSE:THR) news posted by Gurufocus.com. It’s an article titled: “Thermon Group Holdings Inc (THR) Files 10-K for the Fiscal Year Ended on March 31, 2018” on May 30, 2018.

Thermon Group Holdings, Inc. (NYSE:THR) Institutional Investors Chart

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