Transalta Corporation Ordinary Shares (NYSE:TAC) Shorts Strengthened By 24.35% As Of Jun 26, 2018

June 26, 2018 - By Heather Owens

TransAlta Corporation (NYSE:TAC) Corporate Logo

Change of 24.35% for Transalta Corporation Ordinary Shares (NYSE:TAC)’s shares shorted was reported. FINRA announced shares shorted of TAC’s total 980,500 shares. Previously was reported up change of 24.35% from 788,500 shares. Former TAC’s position will need 53 days to restore. It has 18,400 average volume. Transalta Corporation Ordinary Shares float short is 0.34%.

The stock decreased 2.53% or $0.125 during the last trading session, touching $4.825.TransAlta Corporation has volume of 16,028 shares. Since June 26, 2017 TAC has declined 8.48% and is downtrending. TAC underperformed the S&P 500 by 21.05%.

TransAlta Corporation operates as non-regulated electricity generation and energy marketing firm in Canada, the United States, and Western Australia.The firm is valued at $1.41 billion. The firm operates through eight divisions: Canadian Coal, U.S.Currently it has negative earnings. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.

There’s a substantial TransAlta Corporation (NYSE:TAC) news announced by Seekingalpha.com. It’s an article titled: “Why We Did Not Buy Hannon Armstrong – Part 2” on June 12, 2018.

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