Worthington Industries Inc (NYSE:WOR) Shorted Shares Increased By 25.87%

July 16, 2018 - By Billy Entrekin

Worthington Industries, Inc. (NYSE:WOR) Logo

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.19, from 0.93 in 2017Q4. It turned negative, as 17 investors sold Worthington Industries, Inc. shares while 83 reduced holdings. 21 funds opened positions while 53 raised stakes. 30.71 million shares or 1.45% less from 31.16 million shares in 2017Q4 were reported.
Numerixs Investment Tech accumulated 4,700 shares. 243,347 are held by Tiaa Cref Inv Management Limited Liability Company. Winslow Evans And Crocker Incorporated reported 760 shares or 0% of all its holdings. First Midwest Bancorp Trust Division stated it has 8,069 shares or 0.05% of all its holdings. Moreover, Advantus Capital Management has 0.01% invested in Worthington Industries, Inc. (NYSE:WOR). Budros Ruhlin And Roe invested in 10,675 shares. Geode Cap Mngmt Ltd Liability Company has invested 0.01% of its portfolio in Worthington Industries, Inc. (NYSE:WOR). State Street Corporation invested in 2.07 million shares. Pennsylvania-based Riggs Asset Managment has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Amundi Pioneer Asset Mngmt invested in 0% or 1,758 shares. Alphaone Invest Ltd Liability Co reported 2,810 shares. Gemmer Asset Limited Liability Corporation accumulated 0% or 223 shares. Cap Fund Mgmt Sa holds 0.03% or 121,423 shares. Sandy Spring Natl Bank has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Raymond James Svcs holds 0% in Worthington Industries, Inc. (NYSE:WOR) or 4,809 shares.

Since January 24, 2018, it had 1 buying transaction, and 4 sales for $2.31 million activity. RIBEAU SIDNEY A sold $347,844 worth of Worthington Industries, Inc. (NYSE:WOR) on Friday, June 29. The insider ENDRES MICHAEL J bought $119,340. 7,500 Worthington Industries, Inc. (NYSE:WOR) shares with value of $343,725 were sold by LAMPRINAKOS JOHN G. LYTTLE CATHERINE M sold $1.40 million worth of Worthington Industries, Inc. (NYSE:WOR) on Wednesday, April 4.

The stock of Worthington Industries Inc (NYSE:WOR) registered an increase of 25.87% in short interest. WOR’s total short interest was 1.25 million shares in July as published by FINRA. Its up 25.87% from 990,400 shares, reported previously. With 346,000 shares average volume, it will take short sellers 4 days to cover their WOR’s short positions. The short interest to Worthington Industries Inc’s float is 2.91%.

The stock decreased 0.66% or $0.3 during the last trading session, reaching $45.14. About 71,011 shares traded. Worthington Industries, Inc. (NYSE:WOR) has risen 8.61% since July 16, 2017 and is uptrending. It has underperformed by 3.96% the S&P500.

Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, Portugal, and Turkey. The company has market cap of $2.66 billion. The firm operates through three divisions: Steel Processing, Pressure Cylinders, and Engineered Cabs. It has a 14.61 P/E ratio. The Steel Processing segment processes flat-rolled steel for clients primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, HVAC, lawn and garden, leisure and recreation, and office furniture and equipment markets.

More recent Worthington Industries, Inc. (NYSE:WOR) news were published by: Globenewswire.com which released: “Worthington Industries Declares Quarterly Dividend” on June 27, 2018. Also Seekingalpha.com published the news titled: “Worthington Industries, Inc. (WOR) CEO John McConnell on Q4 2018 Results – Earnings Call Transcript” on June 28, 2018. Globenewswire.com‘s news article titled: “Worthington Reports Fourth Quarter and Fiscal Year Results” with publication date: June 27, 2018 was also an interesting one.

Worthington Industries, Inc. (NYSE:WOR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.