Could NL Industries Incorporated (NYSE:NL) Go Down After Its Newest Short Interest Report?

July 18, 2017 - By Migdalia James

 Could NL Industries Incorporated (NYSE:NL) Go Down After Its Newest Short Interest Report?

Investors sentiment increased to 1.44 in Q4 2016. Its up 0.17, from 1.27 in 2016Q3. It improved, as 6 investors sold NL Industries Inc shares while 12 reduced holdings. 10 funds opened positions while 16 raised stakes. 3.15 million shares or 1.15% less from 3.18 million shares in 2016Q3 were reported.
National Bank & Trust Of America Corporation De has invested 0% in NL Industries Inc (NYSE:NL). Archford Cap Strategies Llc has 0% invested in NL Industries Inc (NYSE:NL). Envestnet Asset Mngmt Inc owns 233 shares or 0% of their US portfolio. Alliancebernstein Limited Partnership owns 10,245 shares or 0% of their US portfolio. Peak6 Limited Partnership reported 709 shares. California State Teachers Retirement System reported 0% stake. Susquehanna Grp Inc Llp holds 0% of its portfolio in NL Industries Inc (NYSE:NL) for 13,012 shares. Blackrock Institutional Tru Company Na holds 0% in NL Industries Inc (NYSE:NL) or 181,658 shares. Zacks Mngmt reported 0.04% in NL Industries Inc (NYSE:NL). 38,178 were reported by Fincl Bank Of New York Mellon. Blackrock Mgmt Lc accumulated 29,141 shares. Morgan Stanley reported 0% of its portfolio in NL Industries Inc (NYSE:NL). Manufacturers Life Insurance The stated it has 0% of its portfolio in NL Industries Inc (NYSE:NL). State Street Corporation owns 118,785 shares. Blackrock Advsr Ltd reported 1,868 shares.

The stock of NL Industries Incorporated (NYSE:NL) registered a decrease of 6.08% in short interest. NL’s total short interest was 204,000 shares in July as published by FINRA. Its down 6.08% from 217,200 shares, reported previously. With 227,200 shares average volume, it will take short sellers 1 days to cover their NL’s short positions.

The stock decreased 1.30% or $0.1 on July 17, reaching $7.6. About shares traded. NL Industries Inc (NYSE:NL) has risen 252.83% since July 18, 2016 and is uptrending. It has outperformed by 236.13% the S&P500.

NL Industries, Inc. is a holding company. The company has market cap of $363.00 million. The Firm operates in the component products industry through its subsidiary, CompX International Inc. . It has a 14.16 P/E ratio. The Firm operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc. (Kronos).

Another recent and important NL Industries Inc (NYSE:NL) news was published by Seekingalpha.com which published an article titled: “Improving Industry Conditions Could Cause NL Industries To Surge” on November 18, 2016.

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