Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS) was the recipient of a significant decrease in short interest in December. As of December 29th, there was short interest totalling 216,890 shares, a decrease of 21.0% from the December 15th total of 274,453 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,065 shares, the short-interest ratio is currently 11.4 days.
Shares of Trinity Place (NYSEAMERICAN TPHS) opened at $7.07 on Friday. The stock has a market cap of $217.33, a PE ratio of -30.74 and a beta of 0.45. Trinity Place has a one year low of $6.53 and a one year high of $9.97.
In other news, insider Mfp Partners Lp acquired 5,470 shares of Trinity Place stock in a transaction on Thursday, November 9th. The shares were purchased at an average cost of $6.94 per share, for a total transaction of $37,961.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
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