Thomson Reuters Corp (TRI) : Traders are negative on Thomson Reuters Corp (TRI), as it has 2.2% of short positions outstanding compared to its float. The total shorts have reduced by -315,407 shares, which is a -4.6% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,6,845,518 to 6,530,111 shares. While the daily trading volume of the stock is 730,364, there are 9 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Thomson Reuters Corp (NYSE:TRI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.51 and $41.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.58, notching a gain of 0.02% for the day. The total traded volume was 444,806 . The stock had closed at $41.57 on the previous day.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. The Company is organized into four business units: Financial & Risk, Legal, Tax & Accounting and Intellectual Property & Science. Financial & Risk business unit provides news, information and analytics, enabling transactions and bringing together financial communities. It also provides regulatory and operational risk management solutions. Legal business unit provides online and print information, decision tools, software and services that support legal, investigation, business and government professionals. Tax & Accounting business unit provides integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. Intellectual Property & Science business unit provides intellectual property and scientific information, decision support tools and services.