As of Jun 27, 2018 Tata Motors Ltd Tata Motors Limited (NYSE:TTM) Shorts Decreased By 2.39%

June 27, 2018 - By Ira Colvard

Tata Motors Limited (NYSE:TTM) Corporate Logo

Tata Motors Ltd Tata Motors Limited (NYSE:TTM) showed a decrease of 2.39% in shares shorted. FINRA published shares shorted of TTM’s total 3.58 million shares. The 3.67M previous shares are down with 2.39%. Former TTM’s position will need 2 days to restore. It has 1.57 million average volume. 0.8% is Tata Motors Ltd Tata Motors Limited float short.

TTM is hitting $20.23 during the last trading session, after decreased 3.04%.Tata Motors Limited has 2.40M shares volume, 22.54% up from normal. TTM is downtrending and has moved 41.71% since June 27, 2017. TTM underperformed by 54.28% the S&P500.

Tata Motors Limited designs, manufactures, and sells a range of automotive vehicles.The firm is worth $13.35 billion. It operates through Automotive Operations and All Other Operations divisions.The P/E ratio is 14.55. The firm offers passenger cars, such as passenger cars; utility vehicles, including SUVs and multipurpose utility vehicles; light commercial vehicles comprising pickup trucks and small commercial vehicles; and medium and heavy commercial vehicles consisting of trucks, tractors, buses, tippers, multi-axle vehicles, dump trucks, tractor-trailers, mixers, and cargo vehicles, as well as related parts and accessories.

Another two news for Tata Motors Limited (NYSE:TTM) were recently brought out by: Forbes.com on June 01, 2018 with title “Investor Confidence In Tata Motors Remains Weak Despite A Brighter Outlook For FY2019”. The other Fool.com‘s article was titled “These Cars Will Challenge Tesla in the Next 2 Years” and brought out on June 20, 2018.

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