June 27, 2018 - By Lena Young

Tenaris S.A. (OTCMKTS:TNRSF) Corporate Logo

It was reported a decrease on TENARIS SA LUXEMBOURG ORDINARY SHARES (OTCMKTS:TNRSF)’s shares shorted with 1.42%. It was published in June by FINRA the 12.86M shares shorted on TNRSF. The 13.04 million previous shares are down with 1.42%. 445 days will cost TNRSF with 28,900 average volume to recover its previous position. Float short on TENARIS SA LUXEMBOURG ORDINARY SHARES is 2.76%.

At traded at $17.595 lastly.Since June 27, 2017 it’s 0.00% down thus . TNRSF underperformed by 12.57% the S&P 500.

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 $21.11 billion market cap. 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.36.13 is the 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.

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