Trustmark Corporation (NASDAQ:TRMK) Shorts Rose By 1.98%

June 27, 2018 - By Ira Colvard

Trustmark Corporation (NASDAQ:TRMK) Corporate Logo

Big Money Sentiment decreased to 1.12 in Q1 2018. It has change of 0.02, from 2017Q4’s 1.14. The ratio dived due to Trustmark Corporation positioning: 15 sold and 53 reduced. 18 funds amassed holdings and 58 increased holdings. Investors holded 42.06 million in 2017Q4 but now own 40.84 million shares or 2.91% less.
The Illinois-based Northern Tru Corporation has invested 0.02% in Trustmark Corporation (NASDAQ:TRMK). 329 were reported by Gemmer Asset Mgmt Ltd Com. Advantus Capital Incorporated holds 0.01% of its capital in Trustmark Corporation (NASDAQ:TRMK) for 8,243 shs. Retirement Of Alabama holds 0.01% or 87,710 shs. Raymond James & Assoc reported 22,413 shs. Teachers Retirement Sys Of The State Of Kentucky has 0.01% invested in Trustmark Corporation (NASDAQ:TRMK). 5.31M were reported by Dimensional Fund Advisors Limited Partnership. State Treasurer State Of Michigan reported 0.01% stake. Tower Research Lc (Trc) invested in 2,753 shs or 0.01% of the stock. Moreover, Texas Permanent School Fund has 0.02% invested in Trustmark Corporation (NASDAQ:TRMK). Hancock Company holds 0.45% or 320,329 shs in its capital. Connable Office, Michigan-based fund reported 7,916 shs. State Street Corporation holds 3.46 million shs. Sei Investments owns 303 shs or 0% of their US capital. Balyasny Asset Management Ltd Liability Com stated it has 0.01% of its capital in Trustmark Corporation (NASDAQ:TRMK).

Trustmark Corporation (NASDAQ:TRMK) reported an increase of 1.98% in short interest. It was published in June by FINRA the 2.47M short interest on TRMK. The 2.42 million previous shares are up with 1.98%. 10 days will cost TRMK with 250,000 average volume to restore its previous position. Float short on Trustmark Corporation is 3.79%.

TRMK hit $33.3 during the last trading session after $0.43 change.Trustmark Corporation has 536,911 shares volume, 93.27% up from normal. TRMK is uptrending and has moved 3.56% since June 27, 2017. The stock underperformed the S&P500 by 9.01%.

Trustmark Corporation operates as the bank holding firm for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States.The firm is valued at $2.26 billion. The firm offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit.The P/E ratio is 21.4. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; overdraft facilities; safe deposit boxes; and treasury management services.

Trustmark Corporation (NASDAQ:TRMK) Ratings Coverage

In total 5 analysts cover Trustmark Corp (NASDAQ:TRMK). “Buy” rating has 0, “Sell” are 0, while 5 are “Hold”. (NASDAQ:TRMK) has 0 bullish analysts. With $38.0 highest and $33.0 lowest price target, Trustmark Corp has $33.60 average price target or 0.90% above the current ($33.3) price. 6 are the (NASDAQ:TRMK)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, February 5 Hovde Group maintained Trustmark Corporation (NASDAQ:TRMK) rating. Hovde Group has “Hold” rating and $33.0 target. On Monday, January 8 the rating was maintained by Jefferies with “Hold”. On Monday, January 29 the firm has “Hold” rating given by SunTrust. On Monday, January 8 the stock of Trustmark Corporation (NASDAQ:TRMK) has “Hold” rating given by SunTrust. On Wednesday, January 24 the stock of Trustmark Corporation (NASDAQ:TRMK) has “Hold” rating given by Keefe Bruyette & Woods. On Thursday, January 25 Stephens maintained Trustmark Corporation (NASDAQ:TRMK) rating. Stephens has “Hold” rating and $34.0 target.

Trustmark Corporation (NASDAQ:TRMK) Institutional Investors Chart

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