Trecora Resources (NYSE:TREC) Sellers Reduced By 2.66% Their Shorts

June 27, 2018 - By Alex Paulin

Trecora Resources (NYSE:TREC) had a decrease of its shorted shares by 2.66%. In June was published TREC’s total 712,400 shorted shares by FINRA. The down change of 2.66% from 731,900 shares was reported. With Average volume 30,100, TREC’s former position will take 24 days to recover. 3.52% is Trecora Resources float short.

TREC touched $14.9 during the last trading session after $0.4 change.Trecora Resources has volume of 34,999 shares. Since June 27, 2017 TREC has risen 25.00% and is uptrending. The stock outperformed the S&P 500 by 12.43%.

Trecora Resources primarily manufactures and sells various specialty hydrocarbons and synthetic waxes in the United States.The company has $362.41 million market cap. The firm operates two divisions, Petrochemical and Specialty Waxes.The P/E ratio is 19.89. The Petrochemical segment offers hydrocarbons and other petroleum based products, such as isopentane, normal pentane, isohexane, and hexane used in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and crude oil from the Canadian tar sands, as well as in the catalyst support industry.

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