What’s in Tcf Financial Corporation (NYSE:TCF) After Rise in Shorted Shares?

July 13, 2018 - By Robert Reynolds

The stock of Tcf Financial Corporation (NYSE:TCF) registered an increase of 4.44% in short interest. TCF’s total short interest was 6.27 million shares in July as published by FINRA. Its up 4.44% from 6.01 million shares, reported previously. With 2.11 million shares average volume, it will take short sellers 3 days to cover their TCF’s short positions. The short interest to Tcf Financial Corporation’s float is 3.98%.

The stock decreased 0.66% or $0.165 during the last trading session, reaching $24.705. About 842,917 shares traded. TCF Financial Corporation (NYSE:TCF) has risen 69.62% since July 13, 2017 and is uptrending. It has outperformed by 57.05% the S&P500.

TCF Financial Corporation operates as the holding firm for TCF National Bank that provides various financial services and products in the United States and Canada. The company has market cap of $4.16 billion. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services divisions. It has a 15.65 P/E ratio. The firm offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts.

TCF Financial Corporation (NYSE:TCF) Institutional Positions Chart

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