Trinseo S.A. June 15th Short Interest Update

Trinseo S.A. (NYSE:TSE), A drop of 115,583 shares or 3.1% was seen in the short interest of Trinseo, S.A.. Even as the interest dropped from 3,718,004 shares on May 31,2016 to 3,602,421 shares on June 15,2016, the days to cover came in at 5. The updated interest stood at 12.9% of the stocks floats. The stock has seen an average daily volume of 667,863 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Trinseo S.A. (NYSE:TSE): The stock opened at $45.06 on Friday but the bulls could not build on the opening and the stock topped out at $45.07 for the day. The stock traded down to $42.50 during the day, due to lack of any buying support eventually closed down at $42.79 with a loss of -8.12% for the day. The stock had closed at $46.57 on the previous day. The total traded volume was 3,014,708 shares.

The company shares have rallied 64.20% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $49.72 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $46.23 and the 200 Day Moving Average price is recorded at $35.12.

Trinseo S.A. (NYSE:TSE) has tumbled 8.37% during the past week and has dropped 10.07% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.85%. Trinseo S.A. (NYSE:TSE) has underperformed the index by 7.35% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Trinseo S.A. is a materials company engaged in the manufacture and marketing of emulsion polymers and plastics, including various specialty and technologically differentiated products. The company operates in four segments under two business units. Its Emulsion Polymers business unit includes its Latex segment and its Synthetic Rubber segment. Its Plastics business unit includes its Styrenics segment and its Engineered Polymers segment. The Latex segment produces SB latex primarily for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used predominantly in tires, with additional applications in polymer modification and technical rubber goods. The Styrenics and Engineered Polymers segments offer plastics products with formulations developed for durable applications, such as consumer electronics, automotive and construction.

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