Travelport Worldwide Limitedhares (NYSE:TVPT) Sellers Increased Their Shorts By 25.95% As Of Jun 27, 2018

June 27, 2018 - By Carey Conley

Travelport Worldwide Limited (NYSE:TVPT) Corporate Logo

Travelport Worldwide Limitedhares (NYSE:TVPT) had an increase of its shorted shares by 25.95%. It was issued in June by FINRA the 2.33M shorted shares on TVPT. That’s 25.95% up from 1.85M shares. With Average volume 1.23M, TVPT’s former position will take 2 days to restore. Float short on Travelport Worldwide Limitedhares is 1.88%.

The stock decreased 0.05% or $0.01 during the last trading session, reaching $18.33.Travelport Worldwide Limited has volume of 22,724 shares. Since June 27, 2017 TVPT has risen 28.46% and is uptrending. TVPT outperformed the S&P500 by 15.89%.

Travelport Worldwide Limited, together with its subsidiaries, provides travel commerce platform that offers distribution, technology, payment, and other solutions for the travel and tourism industry in the United States, the United Kingdom, and internationally.The firm is worth $2.31 billion. It facilitates travel commerce by connecting the airlines and hotel chains with online and offline travel agencies and other travel buyers through its proprietary business to business travel commerce platform.The P/E ratio is 15.98. The firm also provides distribution and merchandising solutions for hotel, car rental, rail, cruise-line, and tour operators; virtual account number payment solutions that automatically generate unique MasterCard numbers that are used to process payments; advertising solutions; and other platform services, such as subscription, processing, and business intelligence data services, as well as marketing-oriented analytical tools.

Travelport Worldwide Limited (NYSE:TVPT) Ratings Coverage

A total of 7 analysts rate Travelport Worldwide (NYSE:TVPT) as follows: 3 “Buy”, 3 “Hold” and 1 “Sell”. Тherefore 43% are bullish. The firm has $25 highest and $14.5 lowest target. The avg target $19.80 is 8.02% above the last ($18.33) price. (NYSE:TVPT) has 10 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, May 15 the firm has “Neutral” rating by Bank of America given. On Friday, May 4 the stock has “Equal-Weight” rating by Morgan Stanley. On Monday, June 25 the stock of Travelport Worldwide Limited (NYSE:TVPT) has “Buy” rating given by Deutsche Bank. In Wednesday, February 21 report UBS maintained the stock with “Neutral” rating. On Wednesday, February 21 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Friday, January 5 the rating was downgraded by Evercore to “Underperform”. On Tuesday, March 27 Deutsche Bank maintained the shares of TVPT in report with “Buy” rating. The company rating was maintained by Cowen & Co on Monday, March 26. On Friday, May 4 the stock of Travelport Worldwide Limited (NYSE:TVPT) earned “Outperform” rating by Imperial Capital.

More recent Travelport Worldwide Limited (NYSE:TVPT) news were posted by Streetinsider.com, Globenewswire.com and Prnewswire.com. The first one has “Travelport Worldwide Limited (TVPT) PT Raised to $25 at Deutsche Bank After SOTP and LBO Analysis” as a title and was posted on June 25, 2018. The next is “Report: Developing Opportunities within Wix, AxoGen, YPF Sociedad Anonima, Orix Corp Ads, Travelport Worldwide …” on June 04, 2018. And last was posted on June 25, 2018, called “Travelport Worldwide Limited Confirms Date and Time for Second Quarter 2018 Earnings Conference Call”.

Travelport Worldwide Limited (NYSE:TVPT) Analyst Ratings Chart

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