What’s Propelling THRESHER INDUSTRIES INC (OTCMKTS:THRR) After Lower Shorts Reported?

April 16, 2018 - By Winifred Garcia

The stock of THRESHER INDUSTRIES INC (OTCMKTS:THRR) registered a decrease of 9.12% in short interest. THRR’s total short interest was 59,800 shares in April as published by FINRA. Its down 9.12% from 65,800 shares, reported previously. With 343,000 shares average volume, it will take short sellers 0 days to cover their THRR’s short positions.

It closed at $0.0002 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Thresher Industries, Inc. engages in the production and sale of aluminum and metal matrix composite alloy castings. The company has market cap of $199,957. The Company’s products include permanent mold castings; and metal matrix composite products in various states of finish, including outside processes, such as x-ray, machined, and painted. It currently has negative earnings. The firm also offers engineering support, design, and prototype development services, as well as proprietary casting technologies, including Eco Core technology, a bio-degradable recyclable process.

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