Trinet Group Inc (NYSE:TNET) Shorts Decreased By 4.59% As Of Jun 27, 2018

June 27, 2018 - By Alex Paulin

TriNet Group, Inc. (NYSE:TNET) Corporate Logo

Trinet Group Inc (NYSE:TNET) had a decrease of its shorted shares by 4.59%. FINRA issued shorted shares of TNET’s total 3.13M shares. Previously was reported down change of 4.59% from 3.28 million shares. Former TNET’s position will need 11 days to recover. It has 297,500 average volume. 9.7% is Trinet Group Inc float short.

The stock increased 0.71% or $0.38 during the last trading session, reaching $53.66.Currently TriNet Group, Inc. is uptrending after 70.21% change in last June 27, 2017. TNET has 244,115 shares volume. The stock outperformed the S&P500 by 57.64%.

TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada.The company has $3.77 billion market cap. The firm offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; local, state, and federal employment and benefit laws; and other services.21.55 is the P/E ratio. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality.

TriNet Group, Inc. (NYSE:TNET) Ratings Coverage

A total of 2 analysts rate Trinet Group (NYSE:TNET) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. The firm has $64 highest and $48 lowest target. The avg target $56 is 4.36% above the last ($53.66) price. (NYSE:TNET) has 5 ratings reports on Jun 27, 2018 according to StockzIntelligence. In Wednesday, April 4 report Morgan Stanley upgraded the stock to “Equal-Weight” rating. On Tuesday, May 1 the company was maintained by Morgan Stanley. On Wednesday, February 28 the rating was maintained by Stifel Nicolaus with “Buy”. On Thursday, April 12 Stifel Nicolaus maintained the shares of TNET in report with “Buy” rating. On Tuesday, May 1 the firm has “Buy” rating given by Stifel Nicolaus.

More recent TriNet Group, Inc. (NYSE:TNET) news were published by Streetinsider.com, Twst.com and Streetinsider.com. The first one has “Trade war sell-off hits European shares hard” as a title and was published on June 25, 2018. The next is “TriNet Group Inc.: TriNet Announces Senior Secured Credit Facility Refinancing” on June 22, 2018. And last was published on June 25, 2018, called “Europe’s banks and industrials stocks sink as trade dispute deepens”.

TriNet Group, Inc. (NYSE:TNET) Analyst Ratings Chart

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