Turning Point Brands Inc (NYSE:TPB) Shorts Increased By 2.96% As Of Jun 27, 2018

June 27, 2018 - By Sarah Harris

It was showed an increase on Turning Point Brands Inc (NYSE:TPB)’s short interest with 2.96%. FINRA announced in June TPB’s total 66,100 short interest. The up change of 2.96% from 64,200 shares was reported. With Average volume 40,500, TPB’s former position will take 2 days to restore. Turning Point Brands Inc float short is 0.36%.

TPB reached $31.04 during the last trading session after $0.14 change.Turning Point Brands, Inc. is uptrending after having risen 61.43% since June 27, 2017. TPB has 140,139 volume or 70.01% up from normal. TPB outperformed by 48.86% the S&P500.

Turning Point Brands, Inc., together with its subsidiaries, makes and markets smokeless and smoking tobacco products in the United States.The company has $597.14 million market cap. It operates in three divisions: Smokeless Products, Smoking Products, and NewGen Products.The P/E ratio is 28.5. The Smokeless Products segment makes and markets moist snuff; and contracts for and markets loose leaf chewing tobacco products.

There’s a substantial Turning Point Brands, Inc. (NYSE:TPB) news released by Globenewswire.com. It’s a report titled: “Investor Expectations to Drive Momentum within Gladstone Commercial, Old Line Bancshares, Randgold Resources …” on June 06, 2018.

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